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Pritzker Rejects Progressive Push to Eliminate Billionaires

Pritzker insists his billionaire status does not compromise his commitment to universal healthcare, free public education or defending democracy against MAGA Republicans

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Overview

  • On Meet the Press, Pritzker countered Zohran Mamdani’s argument that “we shouldn’t have billionaires,” asserting that income does not determine Democratic values.
  • According to Forbes, Pritzker’s net worth is about $3.6 billion largely from his family’s Hyatt Hotel fortune, making him one of the nation’s wealthiest elected officials.
  • He cited his record on universal healthcare, free public education and opposition to MAGA Republicans as proof of his progressive bona fides.
  • Since winning the New York City Democratic primary in June, Mamdani has driven party debates on inequality by calling for the abolition of billionaires.
  • With a third Illinois gubernatorial campaign underway and a potential 2028 presidential bid looming, Pritzker is staking out the party’s moderate center in the wealth inequality debate.