Mar 15, 2021 - Politics & Policy

Yang raises $2.1 million in donations for NYC mayoral campaign


Photo: Michael M. Santiago/Getty Images

Entrepreneur Andrew Yang (D) has raised over $2.1 million in direct donations for his New York City mayoral bid, and his campaign expects that number to increase to $6.5 million once matchable donations are finalized, according to a campaign memo obtained by Axios.

Why it matters: Yang, 46, gained a following during his 2020 presidential campaign for highlighting proposals like universal basic income, and has gained traction in his bid to replace current NYC Mayor Bill de Blasio. Yang and Brooklyn Borough President Eric Adams are leading in local polling.

  • Yang's UBI proposal for NYC would include dispersing up to $2,000 a year in monthly installments to the city's 500,000 poorest residents.

By the numbers... The $2.1 million came from 15,600 individual donors. Yang's held 45 in-person events throughout the campaign and visited all five boroughs of the city.

What to watch: The NYC mayoral Democratic primary is on June 22, 2021.

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