A Financial Times interview with Alex Soros, now the head of George Soros’ Open Society Foundations, revealed some interesting takes.
FT editor Roula Khalaf was all praise for the younger Soros, stating, as quoted by a review of the article in Mandiner, “History matters to him” and lauding the $32 billion given by his family to “promote democracy and human rights in Central and Eastern Europe.”
Khalaf also lamented that Soros senior has been “demonized by the right as the head of a global conspiracy, a characterization that is laced with anti-Semitic overtones.”
The paper noted that the Soroses were huge supporters of Kamala Harris, spending more than $85 million on the 2024 elections. On this front, Alex surprisingly told the paper the U.S. should regulate campaign funding as they do in Europe: “I would be happy if money didn’t play a role in politics, let’s do it, let’s do it tomorrow!”
Alex Soros also spoke about what he believes to be Trump’s fixation on his father. His current treasury secretary nominee, Scott Bessent, and his former treasury secretary, Steven Mnuchin, both previously worked for Soros’ fund manager, and Alex says Trump hires these people “because he always wanted to get into this club” or “maybe destroy it.”
Touching on OSF making massive cuts back in 2017, shrinking staff from 1,700 to 500, Alex said this was to eliminate excessive bureaucracy. Regarding rumors that OSF is turning away from Europe, he said this is not true at all and that the foundation is actually expanding in Ukraine.
He then predicted that Trump’s administration “will be very bad and tragic for a lot of people,” lamenting what he says is the new reality under the new president.
“I remember walking down the street in Rome and seeing the American embassy with the rainbow flag on it, and thinking how proud I am of my country,” he said, calling those now in charge “tyrants” and stating, “I hope Marx was right that tragedy comes first, and then farce. But I fear it will be the other way around.”
Although a jab was taken at Orbán in the article, noting Trump’s admiration for his campaign against the Soros network of NGOs, it was Musk who took a real hit. Referencing a meeting that was supposed to take place between Musk and Soros in November, Alex blamed the X CEO for missing it, saying, “I think he’s much more interested in trolling than meeting.”
