Tech entrepreneur Andrew Yang, a former presidential candidate, has filed paperwork to investigate a possible run for New York mayor.
Yang, 45, joins more than two dozen people who have also submitted papers to the City Campaign Finance Board, including Ray McGuire, the former vice chairman of Citigroup Inc .; city warden Scott Stringer and former United States Secretary of Housing Shaun Donovan.
Born in Schenectady, New York, the son of Taiwanese immigrants, Yang worked for several startups before becoming CEO of a Manhattan test prep company that was sold to Kaplan Inc. in 2009. In 2017 he declared himself a candidate for president.
Yang built his campaign on a pledge of $ 1,000 a month in universal basic income to every adult, with a tax on tech companies. He ended his offer in February 2020.
The 2021 mayoral elections will be the first to vote by rank, with voters offering voters the opportunity to rank their five most favored candidates.