Written in COMPANIES he
George SorosAmerican billionaire, made the decision to inherit the direction of the financial empire of the Open Society Foundations (OSF) -valued at $25 billion- to his 37-year-old son, Alex Soros.
The also graduate in history assumed the presidency last December and is the only member of the soros family to be part of the investor committee of the Soros Fund Managementwith which the 25,000 million of the charitable foundation are managed.
According to an interview with the Wall Street Journal, the heir is “more political” than his father, despite the fact that George Soros He is one of the activists who have promoted democracy the most after the fall of the Berlin Wall. In fact, Alex would campaign against donald trump if he were to run for a second term in the United States.
As revealed by Soros, while the Open Society Foundations under his protection will continue to follow his father’s objectives, ensuring freedom of expression, minority rights, support for liberal politicians and Democratic Partythe latter because Soros is in charge of the “super PAC” which is the mechanism to direct funds to political parties.
Besides politics, the 37-year-old millionaire has unusual activities, being known for having a high-status social life, partying with celebrities in Cannes and the Hamptons, and visiting remote areas of the Amazon; among his most common tastes is being a fan of new york jets and Hip-Hop, he detailed for the WSJ.
How did the Soros get their fortune?
The path for the family, specifically for George SorosIt was not easy at all, the father of the dynasty was born in Hungary and had to suffer and survive the Nazi occupation during World War II; once the conflict was over he moved to London and later to New York where he began to make millions from him.
As evidenced by the WSJ and the BBC, Soros gambled to be recognized in the United Kingdom by winning more than 1,000 million dollars betting on the fall of the pound sterling in 1992. In addition, when the Berlin wall fell, he created Open Society Foundations (OSF) to support governments to establish the democracy.
Since then, part of the family’s wealth has been used to consolidate democracy in various countries; However, the speeches and supports that the organization has promoted have not been taken well by the Political right in various latitudes.
Among the agenda managed by George’s successor, is to include initiatives on the right to vote, abortion and gender equality, all these issues are polarized in the United States and put in the eye of the discussion the OSF; Currently, the foundation allocates $1.5 billion annually to liberal causes, educational organizations, and advocacy organizations. human rights.
Another case was the persecution and campaign that the organization suffered in Europe, when the Hungarian government took action against Soros and the work of the foundation, a situation that forced the OSF to migrate its offices from Budapest to Berlin.