Zohran Mamdani, the presumptive Democratic nominee for mayor in New York City, said Sunday that he doesn’t believe billionaires should exist.

Asked directly whether billionaires should have a right to exist, Mamdani, who identifies himself as a democratic socialist, told NBC News’ “Meet the Press,” “I don’t think that we should have billionaires because, frankly, it is so much money in a moment of such inequality, and ultimately, what we need more of is equality across our city and across our state and across our country.”

“And I look forward to working with everyone, including billionaires, to make a city that is fair for all of them,” he added.

His remarks come as some wealthy people in New York City soured on Mamdani in the days after it became clear that he would be the presumptive nominee.

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