George Soros hands over the responsibility of the institutions to his son

37-year-old Alexander Soros is “more political” than his 92-year-old father. He wants to fight against the re-election of former US President Donald Trump.

American investor and philanthropist George Soros hands control of his multi-billion-dollar enterprises to his son, Alexander. The 92-year-old billionaire and his 37-year-old son made the announcement in an interview with The Wall Street Journal published on Sunday. Alexander Soros said he is “more political” than his father. One of his main concerns is the fight against the re-election of former President Donald Trump.

Born in Hungary, George Soros is an enemy of many populists and as a Jew, a frequent target of anti-Semitic hostilities, and became a wealthy man as a financier in the 1970s and 1980s. With his wealth, he created the Open Society Foundations (OSF), with which he supported numerous projects and NGOs around the world that were concerned with good governance, democracy promotion, or liberal political initiatives. Soros is also one of the largest donors to the US Democrats.

“I wish money wasn’t so important.”

“I wish money didn’t play such a big role in politics, but as long as the other side does, we have to keep doing it,” Alexander Soros told the newspaper. Under his guidance, the Foundation will continue in the path of his father and support democracies and left-wing political figures in the United States. But he also wants to fight for other issues like the right to abortion, the right to vote, and gender equality.

He also wants to be more involved in the United States than his father. He supports programs to encourage Latinos and African Americans to vote and advocates for better communication among Democratic lawmakers.

“Our camp should be more patriotic and inclusive,” he said. “Just because someone votes for Trump doesn’t make them a loser or a racist.” According to the Wall Street Journal, the OSF board of directors elected Alexander Soros as chairman last December. He is the second youngest of the billionaire’s five children.

(APA)