Billionaire 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.
Alexander’s intentions as the successor of the elder Soros’s non-profit group, Open Society Foundation, or OSF, include expanding on his father’s “liberal aims,” as he described in an interview with the Wall Street Journal.He was elected by the OSF board to lead the group during a December vote, and he now oversees political activity as the president of Soros’s super PAC.
Alexander also suggested a significant financial stake by Soros organizations in the 2024 presidential election. George was a proponent of former President Barack Obama’s 2008 presidential campaign, and he has been outspoken in his support of legalizing medical marijuana.
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