India, May 22 -- The billionaire, who has a net worth of $269 billion according to Forbes, did not hold back talking about the city's mismanaged school system. Mamdani fired back the same day on social media and the exchange quickly turned into one of the most heated political flashpoints of the week.

Bezos wasted no time going after the city's ballooning education budget. New York City currently spends a whopping $44,000 per pupil which is roughly 30 percent more than other major US cities despite falling enrollment and poor test scores, per the New York Post. The Bezos Family Foundation recently pledged $150 million to early childhood education in the city and Bezos made clear he believes the problem is not a lack of money, it is how t...