George Soros’s son, Alexander, takes control of $25 billion foundation

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Billionaire financier and philanthropist George Soros has passed control of his $25 billion grant-making foundation to his son, Alexander, who intends to continue the group’s focus on human rights and justice, the Open Society Foundation confirmed Monday.

being reelected president in 2024. “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,” he told the Journal. The OSF declined to make Alexander or George Soros available for interviews.

The younger Soros also said he believed that free speech has become too restricted on college campuses and beyond, drawing a contrast with the prevailing viewpoint within some liberal advocacy groups. “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,” Alexander told the Journal.

The elder Soros, a Hungarian-born survivor of the Holocaust, earned a fortune through the hedge fund he founded in 1970, and channeled that wealth into support for democratic causes in more than 100 countries.

 

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