George Soros Hands Over $25 Billion Financial Empire to Son Alexander: What Does this Mean for Politics and Investments?

2023-06-12 20:30:17

Alexander.soros

Known as the “financial tycoon”, George Soros (George Soros) has a successor to the nearly 200 billion financial empire! Foreign media reported that the 92-year-old Soros has handed over his US$25 billion (approximately HK$195 billion) financial empire to his 37-year-old son Alexander. Alexander Soros. The market had previously speculated that he had a more financial background and was with Alexander’s half-son Jonathan, 52. Jonathan Soros will inherit the business.

Don’t want Trump back in the White House

When Alexander was interviewed, he said that he had “similar ideas” with his father, but was more “political” than his father. In fact, he frequently meets with politicians. In recent months, he has called on U.S. President Joe Biden, Brazilian President Lula, and Canadian Prime Minister Trudeau. Next year’s U.S. election will provide significant financial support.

Half-Brother Gets Hot

Soros pointed out that in principle he does not want the foundation to be taken over by his children, but by the most suitable person, but Alexander “deserves it.” As for Jonathan, who was so hot, he used to work for Soros Fund and stabilized the company during the turbulent period. He only pointed out that he had a quarrel with his father and resigned due to high-level recruitment issues. Alexander and Jonathan are said to be friendly, but not close.

Alexander has served as the chairman of Soros’s Open Society Foundation (OSF) since December last year, and is also the only family member in the Soros Fund Investment Committee. It is reported that Soros will spend most of his 25 billion property in the next few years Partially invested in OSF. OSF distributes approximately $1.5 billion annually to various human rights and democracy-building groups, as well as to universities and other educational institutions.

Originally published on AM730

1686622327
#Soros #hands #son #political #father

Leave a Comment

This site uses Akismet to reduce spam. Learn how your comment data is processed.