George Soros Passes Multi-Billion Foundation to Son with Political Ambitions
TL;DR
Billionaire investor and liberal donor George Soros has named his son Alexander as chairman of his multi-billion-dollar foundation, the Open Society Foundations (OSF). Alexander, who was quietly appointed in December, plans to continue donating family money to left-leaning US political candidates and directing 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 and helping to build democracies.
Topics:nationphilanthropy#alexander-soros#george-soros#open-society-foundations#philanthropy#political-donations
- George Soros hands control of multi-billion foundation to son The Guardian
- George Soros Hands Control to His 37-Year-Old Son: 'I'm More Political' The Wall Street Journal
- George Soros' son, 37, gives first interview since taking over father's $25B empire: 'I'm more political' Fox Business
- Billionaire George Soros hands control of empire to son, Wall Street Journal reports Reuters.com
- Liberal philanthropist George Soros taps 'more political' son to take over New York Post
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