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Billionaire investor and philanthropist George Soros is handing control of his $25 billion empire to his youngest son, Alexander Soros. The Wall Street Journal writes, citing the words of the offspring of the American tycoon. Soros’ corporate investments include his nonprofit Open Society Foundations, which operates in more than 120 countries around the world and donates approximately $1.5 billion annually to support human rights and the growth of democracies around the world to promote.
Alex, 37, told the newspaper he was “more political” than his 92-year-old father. However, she noted that the two “think alike.” Alex said she would like to expand on her father’s “liberal goals” and campaign for various causes, including voting and abortion rights and gender equality.