At 92, George Soros has passed the reins to his son Alexander who wants to fight back against Trump
George Soros Wait until he is 92 years old to retire. The American billionaire and philanthropist is in the process of giving control of his empire to his son Alexander Soros, who especially wants to fight the possibility of Donald Trump returning to power, according to Wall Street Journal (The Wall Street Journal).
Hated by ultra-conservatives, and a regular target of attacks with anti-Semitic overtones, George Soros began creating a network of foundations (Open Society Foundations, or OSF) in the 1980s, which invest around the world in favor of various issues, economic reforms, justice, minority rights, refugees and freedom of expression.
Alexander says he is “more political” than his father
So he set about handing the reins of his organization over to one of his sons, 37-year-old Alexander. In an interview in Wall Street Journal Posted on Sunday, the latter explains that he is “more political” than his father and that he worries about the idea that the former Republican president Donald Trump He could be re-elected to the White House in 2024.
He told the daily, “I would like to see money not play such a big role in politics, but as long as the other side does, we will have to keep doing it as well.”
Under his direction, the OSF should continue on the same path – support for democracies, political figures of the American left … – but also to add other causes such as The right to abortion or gender equality. Alexander Soros was elected chairman of the foundations board in December, and now he directs the political activities collected within the “Super PAC,” a structure that disburses money for political candidates’ campaigns.
He is also the only member of the family to sit on the investment committee of Soros Fund Management, the company that oversees the funds. Most of the $25 billion given to him will go to the OSF in the coming years and $125 million has been earmarked for the super PAC.
Our camp must be more patriotic and inclusive.
Young Soros said he wanted to do more in the United States than his father. He supports programs that encourage Latino and African American voters to vote, and calls on Democrats-elect to communicate better. “Our camp should be more patriotic and inclusive,” he said. Just because someone votes for Trump doesn’t mean they are a waste or a racist. »
First known for his talents as an investor and speculator, George Soros devoted his money to defending his ideas, from fighting apartheid in South Africa to supporting democracy activists in dictatorial regimes.
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