Hedge Fund Heir Elizabeth Simons Gives $250,000 to Mamdani PAC

Philanthropist Elizabeth Simons, the daughter of Renaissance Technologies founder James Simons, gave $250,000 to a super PAC supporting Democratic mayoral candidate Zohran Mamdani last week.

Simons’ $250,000 donation, dated Aug. 12, is the largest single donation New Yorkers for Lower Costs has received to date, according to newly published campaign finance records. The PAC has raised more than $1.8 million to support Mamdani’s candidacy, from nearly 300 separate donations.

Elizabeth Simons in 2016.

Photographer: Alberto E. Rodriguez/Getty Images

Simons is the president and chair of the Heising-Simons Foundation, a family foundation whose mission is to “advance sustainable solutions in climate and clean energy, enable groundbreaking ...