Billionaire financier and philanthropist George Soros has passed control of his $25 billion grant-making foundation to his son, Alexander, who intends to continue the group’s focus on human rights and justice, the Open Society Foundation confirmed Monday.
being reelected president in 2024. “As much as I would love to get money out of politics, as long as the other side is doing it, we will have to do it, too,” he told the Journal. The OSF declined to make Alexander or George Soros available for interviews.
The younger Soros also said he believed that free speech has become too restricted on college campuses and beyond, drawing a contrast with the prevailing viewpoint within some liberal advocacy groups. “I have some differences with my generation in regard to free speech and other things — I grew up watching Bill Maher before bed, after all,” Alexander told the Journal.
The elder Soros, a Hungarian-born survivor of the Holocaust, earned a fortune through the hedge fund he founded in 1970, and channeled that wealth into support for democratic causes in more than 100 countries.
United States Latest News, United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
George Soros Hands Son Alex Control of His $25 Billion EmpireBillionaire left-wing Democrat donor George Soros is handing control of his $25 billion financial empire to his younger son Alex who has vowed to pursue even more ultra-liberal causes.
Read more »
George Soros hands over $25 billion empire to his 37-year-old son AlexInsider tells the global tech, finance, markets, media, healthcare, and strategy stories you want to know.
Read more »
George Soros hands control of his $25 billion empire to his son AlexThe older Soros, often targeted by right-wing conspiracists, has been one of the U.S. Democratic Party's largest donors.
Read more »
George Soros hands control of $25 billion empire to son Alex (report)Alex Soros said he was broadening his father’s “liberal aims” and embracing different causes.
Read more »
Billionaire George Soros hands reigns of his company to 37-year-old sonBillionaire philanthropist George Soros, 92, is handing over his $25 billion empire to his younger son, Alexander Soros, 37, despite previous doubts by some about whether the former would ever step down.
Read more »
Billionaire George Soros hands control of financial empire to his son, AlexBillionaire investor and philanthropist George Soros is handing over control of his $25 billion financial empire to his son, 37-year-old Alex Soros.
Read more »