Soros Handing Operations To ‘More Political’ Son
Billionaire financier George Soros is preparing to hand over his formidable business and political operations to his son Alex, who describes himself as “more political.” The transformation has a significant chance of affecting donations to a number of left-wing political causes in the coming years.
Soros, now 92, plans to turn over his $25 billion fortune to his son Alex. The move bypasses his son Jonathan Soros, 52, a Harvard-trained attorney who left Soros’ investment firm in 2011.
Instead, Alex, who was described by one of his friends as caring about “football, philosophy and politics, in that order,” will be taking the reins.
The younger Soros has been involved in a number of political causes over the last two decades. This includes meetings with leaders ranging from Sen. Chuck Schumer (D-NY) to Brazilian President Luiz Inacio Lila da Silva and Canadian Prime Minister Justin Trudeau on behalf of his father’s Open Society Foundations.
The foundation donates to a number of causes, including left-wing candidates for district attorney, which received considerable attention from conservatives.
Money from Soros funded $40 million for left-wing candidates, including for law enforcement. Soros-backed candidates won a number of races across the country, often in some of the most crime-affected cities.
One, Manhattan District Attorney Alvin Bragg (D), has drawn considerable criticism for what many conservatives describe as a lack of enforcement for violent and property crime, and for his indictment of former President Donald Trump on charges related to an alleged brief relationship with former adult actress Stormy Daniels.
Twitter owner Elon Musk was not surprised by the news, who wrote on Twitter that the move was just “a formality.”
He said that Alex Soros had been “de facto in charge for several years.”
Just a formality. Alex has been de facto in charge for several years.— Elon Musk (@elonmusk) June 11, 2023
The younger Soros also enjoys a close relationship with the Biden administration. Official records show that he has visited the White House at least 17 times since Biden took office in 2021.
Alex Soros also described his meeting with Vice President Kamala Harris and posted a photo of the two on Twitter.