The Hungarian-American billionaire is frequently accused of using his wealth to meddle in political affairs
George Soros, the billionaire financier and philanthropist who frequently uses his wealth to advance progressive causes, is handing over his business interests to his “more political” son Alexander. The Hungarian-American made the announcement in an interview published in the Wall Street Journal on Sunday. Soros, 92, said that his son Alexander, 37, will take the reins of his Open Society Foundation (OSF), as well as the rest of his estimated $25 billion in wealth and other interests. Soros also said of Alexander, who was elected OSF chairman in December, replacing his father, that he has “earned” the new role. Speaking to the same publication, Alexander Soros said that he intends to continue his father’s legacy of funding progressive issues – but that he intends to support various causes like voting rights, abortion rights, and gender equality. “I’m more political,” Alexander Soros said, comparing himself to his father. The younger Soros was shown in visitor logs to have visi...