Soros' Son Inherits Multibillion-dollar Philanthropy
George Soros, a billionaire who is 92 years old, passed on control of his multi-billion dollar charitable organization to his son Alexander, who is 37 years old. Alexander has announced that he will carry on the family tradition of supporting left-leaning politicians and causes.
George Soros has given over control of his multi-billion dollar charity to his son Alexander who is 37 years old.
Alexander Soros recently gave his first interview since he was selected to lead the Open Society Foundations in December. According to a story in the Journal on Sunday, he's worried about Donald Trump being elected again. Alexander said his family would help out for the 2024 presidential election.
Alexander Soros thinks like his father. But he is more political. He will focus on voting and abortion rights.
Soros' son is listed as chair on Open Society Foundations' website. He will defend voting rights and personal freedom. He will also support democracy outside of his home country. He made this statement to the Financial Times.
Alexander Soros talked to the Journal. He met with some important people recently. The people are from the Biden administration, Chuck Schumer, Justin Trudeau and Lula da Silva.
George Soros was surprised when Alexander Soros was appointed. He didn't want one of his children to take over the foundation. It's a matter of principle.
Soros said that he wants to remove money from politics. However, he thinks it's necessary to use it because others are doing the same.
Open Society Foundations, a nonprofit run by Soros, gives $1.5 billion annually to several groups. The foundation claims to support democratic principles, human rights, and justice. They focus on organizations that work on immigration law and criminal justice reform.
George Soros has a net worth of $6.7 billion.
George Soros was known for his finance and investment skills before becoming a famous philanthropist and political figure. He made aggressive trades, like shorting the British pound in the 1990s. Now, he runs the nonprofit Open Society Foundations and donates millions of dollars to political causes. In 2022, employees of Soros Fund Management donated over $179 million to Democratic candidates and groups, up from $10.5 million in 2020. Soros transferred $18 billion to the Open Society Foundations in 2017. Alexander Soros, his son, was not expected to inherit the empire due to his limited finance experience and Ph.D. in history. However, he became more involved after his older half-brother Jonathan stepped down. Alexander took a full-time role in the foundation in 2015 and played an active role in the 2016 election, supporting the voter turnout efforts in Georgia with Democrat Stacey Abrams.
Right-wingers and politicians have spread conspiracy theories about George Soros in recent years, often including antisemitism. Elon Musk compared Soros to a comic book villain, Magneto, and then made a comment on Twitter that "Soros hates humanity." The CEO of the Anti-Defamation League, Jonathan Greenblatt, criticized Musk's comments, saying they encourage extremists who spread anti-Jewish conspiracies and have attacked Soros and Jewish communities. Musk's comments came shortly after Soros' investment firm sold its entire holdings of Tesla stock.
Forbes reported that George Soros gave $125 million to his Super-PAC. They also listed who would receive the money.
Fans of Musk are spreading conspiracies about George Soros. This happened after Soros' fund sold all their Tesla holdings. This news was reported by Forbes.
