George Soros' Son Takes Over Billion-Dollar Empire with Political Ambitions

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Source: The Associated Press
George Soros' Son Takes Over Billion-Dollar Empire with Political Ambitions
Photo: The Associated Press
TL;DR Summary

Billionaire investor and philanthropist George Soros is ceding control of his $25 billion empire to his younger son, Alexander Soros, who is broadening his father's "liberal aims" and embracing different causes including voting and abortion rights, as well as gender equity. Alex aims to keep using the family's wealth to back left-leaning U.S. politicians and recently met with Biden administration officials, Senate Majority Leader Chuck Schumer, and heads of state to push for issues related to the family foundation. The appointment passes over George Soros' elder son Jonathan Soros, 52, a lawyer with a background in finance.

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