George Soros has handed control of his charitable and political activities to his son AlexBillionaire George Soros, a leading philanthropist and contributor to liberal political causes, has tapped his 37-year old son Alexander Soros to lead his charitable Open Society Foundations and political action committee, a foundation spokesperson confirmed. In an interview with the Wall Street Journal Sunday, Alexander Soros revealed that he will chair the Open Society Foundations, Soros’ main philanthropic organization. While Alexander Soros had continued to be listed as deputy chair of the foundations in recent months, he was tapped as chair of the board in December. George Soros, 92, is worth an estimated $6.7 billion according to Forbes, but his foundations are worth far more than that. His political action committee, Democracy PAC, gave $81 billion in political donations during the 2019-2020 election cycle, according to Open Secrets, which tracks political donations and spending.

Source: CNN June 12, 2023 13:18 UTC