Highlights

  • George Soros hands over $25 bn worth empire to son Alexander Soros
  • Alexander Soros took over as Chairman of Open Society Foundation in December
  • Only family member on the investment committee for Soros Fund Management

Latest news

India, Russia are embarking on new journey of innovation, co-production and co-creation: PM Modi

India, Russia are embarking on new journey of innovation, co-production and co-creation: PM Modi

India is conducting independent and sovereign policy under leadership of PM Modi,  achieving very good results: President Putin

India is conducting independent and sovereign policy under leadership of PM Modi, achieving very good results: President Putin

Indian businesses can replace void left by Western companies in Russia, says Roscongress CEO Stuglev

Indian businesses can replace void left by Western companies in Russia, says Roscongress CEO Stuglev

Regulator DGCA eases flight duty norms for pilots amid IndiGo crisis

Regulator DGCA eases flight duty norms for pilots amid IndiGo crisis

Dalai Lama launches 'Forest Resources in India' focused on climate, conservation and community

Dalai Lama launches 'Forest Resources in India' focused on climate, conservation and community

RBI raises FY26 GDP growth projection to 7.3 pc

RBI raises FY26 GDP growth projection to 7.3 pc

AAP to hold farmers’ Mahapanchayat in Gujarat's Amreli on December 7 amid crop loss crisis

AAP to hold farmers’ Mahapanchayat in Gujarat's Amreli on December 7 amid crop loss crisis

OnePlus marks 12 years in India with a new six-star lineup for the 15R reveal

OnePlus marks 12 years in India with a new six-star lineup for the 15R reveal

Here's everything about Alexander Soros who will now own George Soros' $25 bn empire

Soros' family wealth has been predominantly used as charity to support building democracy in dozens of countries. The foundation pursues free speech, criminal justice reform, minority and refugee rights and backing liberal politicians

Here's everything about Alexander Soros who will now own George Soros' $25 bn empire

U.S billionaire George Soros has handed over his $25 bn worth financial and charitable empire to his 37 year old son Alexander Soros.

Alexander Soros is the second youngest of George's five children. He is the only family member sitting on the investment committee for Soros Fund Management. Soros Fund Management is managing the $25 bn for the family and the charitable foundation.

Alexander took over as the chairman of Open Society Foundations in December and is also in charge of his father's "super PAC" - that is a US mechanism used to direct funds to political parties. Alexander graduated from the New York University in 2009 and holds a PhD in history from the University of California, Berkeley.

Alexander told the Wall Street Journal, that he is "more political" than his father, and that one of his top aims would be to push back against a possible second term by former president Donald Trump. He also said that the foundation would pursue the same aims it had under his father that includes, free speech, criminal justice reform, minority and refugee rights and backing liberal politicians. In addition he would like to bring in voting rights, abortion and gender equity initiatives too.

The family's wealth so far has been pre-dominantly given as charity to support democracy-building in dozens of countries. However, in the recent years, George Soros has become the focus of anti-Semitic conspiracies.

Earlier, the senior Soros had mentioned that he does not wish to hand over his Open Society Foundations (OSF) to any of his children. However, in an interview to the Wall Street Journal George has claimed that Alex has earned it.

ADVERTISEMENT

Up Next

Here's everything about Alexander Soros who will now own George Soros' $25 bn empire

Here's everything about Alexander Soros who will now own George Soros' $25 bn empire

RBI trims policy interest rate by 25bps to 5.25pc, loans to get cheaper

RBI trims policy interest rate by 25bps to 5.25pc, loans to get cheaper

Rupee slumps to all-time low of 90.25 against US dollar in intra-day trade

Rupee slumps to all-time low of 90.25 against US dollar in intra-day trade

Reliance completes merger of Star Television Productions with Jiostar

Reliance completes merger of Star Television Productions with Jiostar

India to lead emerging market growth with 7pc GDP rise in 2025: Moody’s

India to lead emerging market growth with 7pc GDP rise in 2025: Moody’s

Nifty hits record high after 14 months; Sensex nears all-time peak

Nifty hits record high after 14 months; Sensex nears all-time peak

ADVERTISEMENT

editorji-whatsApp

More videos

Reliance stops Russian oil use at its only-for-export refinery to comply with EU sanctions

Reliance stops Russian oil use at its only-for-export refinery to comply with EU sanctions

ED attaches fresh assets worth over Rs 1,400 cr in case against Anil Ambani's Reliance Group

ED attaches fresh assets worth over Rs 1,400 cr in case against Anil Ambani's Reliance Group

India signs one-year deal to import 2.2 million tonnes of LPG from US

India signs one-year deal to import 2.2 million tonnes of LPG from US

India International Trade Fair begins at Pragati Maidan amid tight security

India International Trade Fair begins at Pragati Maidan amid tight security

Stock markets decline in initial trade on foreign fund outflows, weak Asian peers

Stock markets decline in initial trade on foreign fund outflows, weak Asian peers

Amazon to lay off 30,000 office workers amid AI-driven cost cuts

Amazon to lay off 30,000 office workers amid AI-driven cost cuts

US sanctions on Russian firms to hit Reliance; PSUs likely to keep buying Russian oil via traders

US sanctions on Russian firms to hit Reliance; PSUs likely to keep buying Russian oil via traders

Dream debut: LG Electronics India shares jump over 50 pc

Dream debut: LG Electronics India shares jump over 50 pc

One GB wireless data in India costs less than a cup of tea: PM Modi

One GB wireless data in India costs less than a cup of tea: PM Modi

Power struggle in Tata Trusts: Trustees clash over board appointments

Power struggle in Tata Trusts: Trustees clash over board appointments

Editorji Technologies Pvt. Ltd. © 2022 All Rights Reserved.