"George Soros Passes On Multi-Billion-Dollar Foundation to Son Alexander, Continuing Legacy of Philanthropy"

Billionaire investor and prominent liberal donor George Soros has chosen to pass on his multi-billion-dollar foundation, the Open Society Foundations (OSF), to his son, Alexander Soros. This decision marks a change from George's previous stance of not wanting to hand over his philanthropic enterprise to any of his five children. George Soros, known for his successful bet against the British pound in 1992, which earned him $1 billion and led to the "breaking of the Bank of England," named Alexander as the chairman of OSF.

Alexander, 37, expressed his intention to continue his family's tradition of donating to left-leaning political candidates in the United States. He described himself as "more political" than his father and outlined his plans to focus on defending voting rights, personal freedom, and promoting democracy both domestically and abroad. Despite his desire to see money removed from politics, Alexander acknowledged the need to engage in political funding as long as it remains prevalent among opposing groups.

George Soros has been married three times and has five children: Alexander, Andrea, Gregory, Robert, and Jonathan. Alexander, who grew up in Katonah, New York, attended King Low Heywood Thomas in Stamford, Connecticut, and graduated from New York University in 2009. In 2018, he earned a Ph.D. in history from the University of California, Berkeley.

Alexander's philanthropic efforts began with significant contributions to organizations such as the Jewish Funds for Justice and the Jewish Council for Education and Research. In 2012, he established the Alexander Soros Foundation, which focuses on social justice and human rights. Notably, the foundation funded a national statistical study on domestic workers titled "Home Economics: The Invisible and Unregulated World of Domestic Work."

Since 2017, Alexander had been serving as the deputy chair of OSF. The foundation allocates approximately $1.5 billion annually to support various groups advocating for human rights. Alexander also sits on the investment committee of OSF and contributes to the oversight of Soros Fund Management.

Reflecting on his upbringing and his current role, Alexander expressed gratitude for avoiding potential pitfalls and stated that his dedication to his work has become his life's focus.