Billionaire investor turned philanthropist George Soros is ceding control of his $25 billion empire to a younger son, Alexander Soros, according to an exclusive interview with The Wall Street Journal published online Sunday.
Soros’ business holdings include his nonprofit Open Society Foundations, which is active in more than 120 countries around the world and funnels about $1.5 billion annually to groups such as those that back human rights and promote the growth of democracies around the world, according to its website.
Alex said he was broadening his father’s “liberal aims” and embracing different causes including voting and abortion rights, as well as gender equity. He said he aims to keep using the family’s wealth to back left-leaning U.S. politicians. In December, the board of Open Society Foundations, known as OSF, elected Alex as its chairman, succeeding his father. The newspaper also reported that Alex now directs political activity as president of Soros’s super PAC.
During the interview with the newspaper, Alex expressed concern that former President Donald Trump would return to the White House and hinted that the Soros organization would play a key financial role in the 2024 presidential race.
Brasil Últimas Notícias, Brasil Manchetes
Similar News:Você também pode ler notícias semelhantes a esta que coletamos de outras fontes de notícias.
George Soros Hands Son Alex Control of His $25 Billion EmpireBillionaire left-wing Democrat donor George Soros is handing control of his $25 billion financial empire to his younger son Alex who has vowed to pursue even more ultra-liberal causes.
Consulte Mais informação »
George Soros hands over $25 billion empire to his 37-year-old son AlexInsider tells the global tech, finance, markets, media, healthcare, and strategy stories you want to know.
Consulte Mais informação »
George Soros hands control of his $25 billion empire to his son AlexThe older Soros, often targeted by right-wing conspiracists, has been one of the U.S. Democratic Party's largest donors.
Consulte Mais informação »
Billionaire George Soros hands reigns of his company to 37-year-old sonBillionaire philanthropist George Soros, 92, is handing over his $25 billion empire to his younger son, Alexander Soros, 37, despite previous doubts by some about whether the former would ever step down.
Consulte Mais informação »
Billionaire George Soros hands control of financial empire to his son, AlexBillionaire investor and philanthropist George Soros is handing over control of his $25 billion financial empire to his son, 37-year-old Alex Soros.
Consulte Mais informação »
Billionaire George Soros hands control of empire to son, Wall Street Journal reportsBillionaire financier George Soros told the Wall Street Journal in an interview published on Sunday that he was handing control of his massive empire to his son, Alexander Soros.
Consulte Mais informação »