At 92, Hungarian-born American philanthropist and billionaire George Soros is handing over control of his $25 billion financial empire to his son Alexander.
In an interview with the Wall Street Journal, Alexander Soros, 37, explained that he is more interested in politics than his father and worries about the idea of former Republican President Donald Trump being re-elected as a Republican. White House.
Hated by ultra-conservatives and a regular target of anti-Semitic attacks, George Soros began building a network of “open society” foundations in the 1980s.
Through them, it invests globally in causes as diverse as economic and judicial reforms, but also freedom of expression, in the rights of minorities and refugees.
Soros is also suspected of being behind all sorts of conspiracies.
92-year-old American billionaire and philanthropist George Soros is handing over control of his empire to his 37-year-old son Alexander Soros.
In particular, he wants to fight against the possibility of Donald Trump returning to power, AFP reported, citing the Wall Street Journal, News.ro.
Hated by ultra-conservatives and the target of attacks with an anti-Semitic tone, George Soros began building a network of foundations (“Open Society Foundations” or OSF) in the 1980s that invest globally in economic and judicial reforms, for a variety of causes. Rights minorities and refugees, but freedom of expression.
At the age of 92, he proposed handing over control of his organization to one of his sons, 37-year-old Alexander.
In an interview with the WSJ published Sunday, Alexander explains that he is more “politician” than his father and worried about the idea of former Republican President Donald Trump being re-elected to the White House in 2024.
“I want to see that money does not play an important role in politics”
“I would like to see money not play such a big role in politics, but until the other side does, we have to keep doing it,” he said.
Under his leadership, OSF should continue on the same path — supporting Democrats, left-wing American political figures, but also engaging in other causes, such as abortion rights or gender equality.
Alexander Soros was elected chairman of the foundation’s board of directors in December and now directs the political activities of the “super PAC,” which funds the campaigns of political candidates.
According to Forbes, George Soros’ net worth is estimated at $6.7 billion.
Source: Pro TV, news.ro
Release Date: 12-06-2023 10:11
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