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Major tech companies and billionaires are relocating to Florida, citing lower taxes, warmer weather, and safer neighborhoods. This shift is impacting regional economies, politics, and social landscapes, with companies like Palantir, Apple, and Citadel expanding their presence in South Florida amid a broader migration trend.
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New York City Mayor Zohran Mamdani has reported modest increases in his music royalties, earning $1,643 in 2025. His income primarily comes from his salary as a state Assembly member, with additional earnings from his past music career. His tax filings reveal a total joint income of about $145,000, with a significant salary increase now that he is mayor.
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Mayor Zohran Mamdani has publicly criticized billionaire Ken Griffin over a proposed pied-à-terre tax targeting luxury properties. Mamdani's comments have sparked a backlash from Griffin's firm, which signals it may reconsider a $6 billion Midtown redevelopment project. The dispute highlights tensions between city officials and wealthy property owners amid ongoing tax debates.