George Soros has handed over control of his philanthropic and political operations to his son Alex, the WSJ reports

New York

Billionaire George Soros, a leading philanthropist and contributor to liberal political causes, has tapped his 37-year-old son Alexander Soros to lead his charitable foundation and political action group. The Wall Street Journal.

In an interview with the Sunday Journal, Alexander Soros was revealed to be the head of Soros’ main charity, the Open Society Foundations. Although Alexander Soros has been listed as the foundation’s vice chairman in recent months, he was elected chairman of the board in December.

Alexander Soros, who goes by Alex, told the Journal that he is more “politician” than his father and expects him to embrace some different causes with the foundation, particularly voting rights and abortion rights.

He recently met with members of the Biden administration, Senate Majority Leader Chuck Schumer, and some of the country’s leaders, including Brazilian President Luiz Inacio Lula da Silva and Canadian Prime Minister Justin Trudeau, to advocate for some of the issues that are important to the family.

George Soros92, estimated at $6.7 billion Forbes, but his foundations are worth more than that. He has given $32 billion to his Open Society Foundations, according to its website. The organization was founded in 1979 with the mission of working for justice, democratic governance and human rights around the world. It has awarded $19 billion in grants since its inception.

His political action group, the Democratic PAC, made $81 billion in political donations during the 2019-2020 election cycle, according to Open Secrets, which tracks political donations and spending.

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George Soros made his fortune as a hedge fund manager. He is a frequent target of attack by conservatives Antisemitic conspiracy theories.

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