2023-06-11 14:28:51
For the billionaire, Alexander, 37, “well deserved” this inheritance of 25 billion dollars.
Billionaire George Soros is handing over control of his huge empire to one of his sons, Alexander Soros, the American financier said in an interview with the Wall Street Journal published on Sunday.
Aged 92, George Soros distinguished himself by his speculative activities, notably on currencies, before turning to philanthropy and the defense of the liberal current.
Donations to support left-wing politicians
While previously he did not want to see any of his five children take over his network of Open Society Foundations (OSF), George Soros finally felt that his son Alexander had “well deserved” to inherit his empire of 25 billion dollars (23.25 billion euros).
Also interviewed by the Wall Street Journal, Alexander Soros, 37, said he was ‘more political’ than his father and planned to continue donating family money to support men and left-wing politicians.
“As much as I would love to see the money out of politics, as long as the other side does that, we have to do that too,” he said.
OSF’s board of directors elected Alexander Soros as its chairman last December.
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