George Soros Passes $25 Billion Empire to Son Alex.

Billionaire philanthropist George Soros has confirmed that he is handing control of his $25 billion empire to his son Alex, who was named chair of the Open Society Foundations in December. Alex hinted at a significant financial role for the Soros organization in the U.S. elections next year and voiced concerns about a potential return of former President Donald Trump. George Soros, who has been one of the U.S. Democratic Party’s largest donors, said that Alex has "earned" his trust.