George Soros Passes Empire to Son, Emphasizing Political Focus
TL;DR
Billionaire financier George Soros has handed control of his $25bn empire to his son, Alexander Soros, who is also the chairman of Open Society Foundations (OSF). The younger Soros plans to continue donating family money to back left-leaning US political candidates, and directs political activity as president of his father's political action committee. The foundation directs about $1.5bn a year to groups such as those backing human rights around the world and helping build democracies.
Topics:nationbusiness#alexander-soros#business#george-soros#hedge-fund#open-society-foundations#philanthropy
- Billionaire George Soros hands control of empire to son, Wall Street Journal reports Reuters.com
- George Soros Hands Control to His 37-Year-Old Son: 'I'm More Political' The Wall Street Journal
- George Soros hands over $25 billion empire to his 37-year-old son Alex Business Insider
- George Soros hands over OSF leadership to his son Financial Times
- George Soros' Successor Says He Is 'More Political' Than His Father Newsweek
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