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REGULATION
by
2 years ago

George Soros Hands Over His $25 Billion Business Empire To His 37 Years Old Son

2023-06-14

REGULATION
by
2 years ago


George Soros, a 92 years old billionaire has handed over the management of his $25 billion business empire to his son Alex Soros. George Soros has 5 children including

 

Gregory Soros 60 years old.

Andrea Soros 58 years old.

Jonathan Soros 53 years old.

Alexander Soros age 37 years old. 

Gregory Soros age 35 years old. 

 

37 years old Alexander is George Soros’s successor. Alexander Soros said he will continue to his father philanthropy. George Soros appointed Alexander as chairman of the Open Society Foundation in December 2022. Most of George Soros’ assets have been transferred to the Open Society Foundation.

 

George Soros is one of the most influential and controversial figures in the world of finance, philanthropy, and politics. He was born in Hungary in 1930 to a Jewish family that survived the Nazi occupation by obtaining false identity papers. He moved to London in 1947 and studied philosophy at the London School of Economics under Karl Popper.

 

He then emigrated to New York in 1956 and started his career as an analyst and trader of European securities. In 1973, he founded his own hedge fund, Soros Fund Management, which became one of the most successful and profitable funds in history. He is best known for his legendary bet against the British pound in 1992, which earned him the nickname "the man who broke the Bank of England" and a profit of about $1 billion.

 

He is also a prolific author, a generous donor to various liberal and progressive causes, and the founder of the Open Society Foundations, a network of organizations that promote democracy, human rights, and social justice around the world. According to Forbes George Soros’s net worth is $6.7 billion.

 

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