Hungarian-American billionaire and liberal donor George Soros is handing over control of his estimated $25 billion empire to his 37-year-old son, Alexander, who has vowed to be “more political” than his father.
Soros Sr., who turns 93 later this year, will relinquish control of the foundation, used to fund left-wing candidates and promote progressive ideologies around the world, and all other business interests to his second-youngest child.
The news was confirmed by a spokesperson for the family on Sunday following an interview by Alexander with the Wall Street Journal.
“He’s earned it,” George Soros said following the announcement. “We think alike,” he added, suggesting the foundation’s pursuit of a global liberal agenda will remain on track.
“As much as I would love to get money out of politics, as long as the other side is doing it, we will have to do it, too,” Alexander told the Journal, which reported the successor had recently met with several liberal leaders, including Brazilian President Luiz Inácio Lula da Silva and Canadian Prime Minister Justin Trudeau, as well as several key members of the Biden administration, including U.S. Vice President Kamala Harris.
“We are going to double down on defending voting rights and personal freedom at home and supporting the cause of democracy abroad,” Alexander added.
The Soros successor appears to have an open invitation to the White House. A Fox News Digital report last month revealed he has attended the U.S. president’s official residence no fewer than 17 times since Biden took office in 2021.
Alexander did, however, make an important point on the growing restriction to free speech across the West.
“I have some differences with my generation in regard to free speech and other things – I grew up watching Bill Maher before bed, after all,” he said.
This is a point that Twitter owner Elon Musk remarked upon, suggesting that if Soros “is serious about freedom of speech then we have common ground. But destroying public safety by electing DAs who won’t prosecute violent criminals needs to stop.”
Alexander suggested that in the lead-up to next year’s presidential election, the Democratic Party, which he refers to as “our side,” has to work on “being more patriotic and inclusive.”
“Just because someone votes for Trump doesn’t mean they’re lost or racist,” he added.
