12 minutes agobillionaire George Soros beats business to his son
Periskopi(3 years ago)
(3 years ago)The billionaire and philanthropist George Soros gave control of his 25 billion-dollar company to his youngest son, Alexander Soros, who confirmed the decision in an exclusive interview with the newspaper “The Wall Street Journal”, published on Sunday. Mr. Soros's business possessions include his foundation [...]
The billionaire and philanthropist George Soros gave control of his 25 billion-dollar company to his youngest son, Alexander Soros, who confirmed the decision in an exclusive interview with the newspaper “The Wall Street Journal”, published on Sunday. Mr. Soros's business possessions include his non-profit Open Society Foundation, which exercises activity in more than 120 countries worldwide. According to data published on the Open Society Foundation website, the organisation provides about $1.5 billion a year for groups that support human rights and promote increased democracies worldwide.
37-year-old Alexander Soros told the newspaper <x0Wall Street Journal” that he is the political “” that his 92-year-old father, who has been the target of right-wing criticism for his support of liberal causes, as reducing racial prejudices in the justice system. But he noted they have a similar “ ” view on many issues.
Alexander Soros said he was expanding his father's “liberal goals” and was supporting various issues, including voting rights, abortion and gender equality. He said he intends to continue using his family's wealth to support America's left-minded politicians.
Alexander Soros told the newspaper <x0 Wall Street Journal” he recently met with officials of the Biden administration, the majority leader in the Senate, Chuck Schumer and heads of state, including Brazil's President Luiz Inácio Lula da Silva and Canada's Prime Minister Justin Trudeau, to promote issues related to family foundations.
In December, the board of the Open Society Foundation elected Alexander Soros to his chairmanship, replacing his father. Alexander Soros now heads political activity as president of the political organisation “Soros”
“Wall Street Journal” reported that Alexander Soros is the only member of the family on the investment commission overseeing the Management of the Soros Fund, which controls the money for foundation and family.
During an interview with the newspaper <x0Wall Street Journal”, Alexander Soros expressed concern that former President Donald Trump would return to the White House and imply that the organisation “Soros” would play a key financial role in the 2024 presidential race.
According to the newspaper “Wall Street Journal”, Alexander Soros is the largest of two boys to marry billionaire George Soros to his second wife, Susan Weber.
George Soros's eldest son, Jonathan Soros, a 52-year-old financial sector experienced lawyer, was not appointed at the helm of the organisation. He was thought to be the clear successor, but recently there was a <x0 dispute among them, and George Soros changed his mind”, says the paper <x2Wall Street Journal”. / VOA
