United States: Alexander Soros takes over the reins of the empire and announces the program

Billionaire and philanthropist George Soros is ceding control of his empire to his son. Alexander Soros promises to continue his father's work and wants to fight against a return of Donald Trump to power...

The billionaire of Hungarian origin George Soros is gradually passing the hand of his financial empire and in particular of his foundations. His son Alexander, 37, who has led the foundation network since December 2022, gave an itw to the Wall Street Journal over the weekend. © DR

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He is the bête noire of the ultra-conservatives who often accuse him of being the mastermind and the stock market behind conspiracies of all kinds... Survivor of Nazism, having fled the Soviet occupation in Hungary where he was born in 1930, George Soros devoted his career to the construction of a financial empire before creating in the 80s a network of foundations (Open Society Foundations or OSF) in favor of various causes: the economy, justice, freedoms...

>> READ ALSO: Harassed by the Orban government, the Soros Foundation throws in the towel

At 92, the billionaire and philanthropist retires to give way to one of his sons. Alexander Soros, 37. He was elected chair of the foundations' board of directors in December and now leads the political activities brought together in the "super PAC", a structure that provides funds for the campaigns of political candidates. He is the only member of the family to be on the investment committee of Soros Fund Management, the firm that oversees the funds, according to the WSJ, to which Alexander Soros gave his very first interview, as successor to George Soros, this weekend.

Alexander Soros says he is more political than his father, which is the title of the interview, and wants to focus a little more on US domestic politics, reports our correspondent in New York, Loubna Anaki. . He says he will support Democrats and help them attract more minority voters, including the Hispanic community and African-Americans.

Investor and philanthropist George Soros built a $25 billion empire. He is handing control to his 37-year-old son Alex, who embraces such causes as voting and abortion rights. https://t.co/afDdxiToyZ

— The Wall Street Journal (@WSJ) June 11, 2023

Alexander Soros also says he is worried about a return of Donald Trump to the White House, suggesting that he will invest significant sums in the Democratic presidential campaign of 2024. In addition, Alexander Soros wants to make the protection of the right to vote and the right to abortion priorities for his Foundation.

Rights that he now considers threatened in the United States.

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