Continuity: George Soros passes control of his empire to his son
- June 11, 2023
- 0
This was stated by billionaire financier George Soros. Wall Street Magazine in an interview published on Sunday, he hands over control of his vast empire to his son
This was stated by billionaire financier George Soros. Wall Street Magazine in an interview published on Sunday, he hands over control of his vast empire to his son Alexander Soros.
Soros, 92, a hedge fund manager turned philanthropist and staunch liberal supporter, said he initially did not want to be Open Society Foundations (OSF) will pass into the hands of one of his five children.
However, when discussing his decision to transfer the fund and the rest of it 25 billion dollar empire To his 37-year-old son Alexander, known as Alex, Soros said: “He deserved it.”
Also in an interview with the newspaper, Alex said that he is “more political” than his father and that he plans to continue donation of money families to support candidates american left.
“As much as I would like to receive money from politics, as long as the other side does it, we will have to do it too,” he said. George Soros.
Alex was elected President by the OSF Board of Trustees in December, and he is now also politically active as Chairman of the OSF Committee on political action from Soros.
The Foundation allocates approximately $1.5 billion a year to groups such as those who advocate human rights around the world and help build democracies, the paper said.
Reuters
Source: Aristegui Noticias
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