Per Forbes, John Castimatidis is the owner of a New York City supermarket chain and an oil refinery, and has an estimated net worth of $4.8B.
On Fox News, billionaire CEO John Catsimatidis suggests that homeless should “live in Uganda”
Catsimatidis claimed the homeless should “live in Uganda for $8.13 a day. We'll give them the check for $8.13 a day, let them live somewhere else.”
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From the March 19, 2026, edition of Fox News' America Reports
SANDRA SMITH (ANCHOR): They want more money for this homeless population. They are now saying in the city, you just heard it, more per homeless person than the average person makes in the year.
JOHN CATSIMATIDIS (GUEST): Why should we pay that $81,000 I saw on the screen, for a homeless person where they can leave for— live in Uganda for $8.13 a day. We'll give them the check for $8.13 a day, let them live some place else.
SMITH: It would be one thing if proving that spending all this money would be helping the homeless population get off the streets and get back into work but there's no sign of that. In fact, the homeless population is only growing.