George Soros Passes Control of $25B Empire to Son Alexander.
Originally Published 2 years ago — by Al Jazeera English
Billionaire George Soros has decided to hand control of his $25bn philanthropic and financial empire to his son, Alexander. Soros, a major backer of liberal and democratic causes, had previously said he did not want his Open Society Foundations (OSF) to be taken over by one of his five children. However, he has now changed his mind and said his 37-year-old son, known as Alex, has "earned it". Alex plans to continue donating family money to left-leaning political candidates in the US and broaden the foundation's priorities to include voting and abortion rights as well as gender equity.