George Soros Hands Control Of His $25 Billion Empire To His Son Alex

George Soros has handed control of his $25 billion empire to his son Alex, who is a Harvard-trained lawyer. Alex played a key role in stabilizing the Soros investment firm after a tumultuous period.

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George Soros is handing control of his $25 billion empire to his son Alex – who in recent years has been seen flying around the world to conduct business on behalf of his family’s Open Society Foundation.

George Soros, left, and Alex Soros Photo: Alexander Soros via WSJ

In doing so, the 92-year-old Soros is passing over the family’s one-time ‘heir apparent,’ Jonathan Soros, 52 – the third child from George’s first marriage, and a Harvard-trained lawyer who stabilized the Soros investment firm after a tumultuous period saw several investment chiefs come and go.

I expected Jonathan to be the one,” said former Open Society Foundation president Aryeh Neier, who ran the organization from 1993 to 2012.

From left, Jonathan Soros, David Miliband, president and CEO of the International Rescue Committee, and George Soros at a 2013 benefit event in New York. Photo: Neilson Barnard/Getty Images for International Rescue Committee

Jonathan Soros thought he was the one as well, telling the Wall Street Journal; “I always knew he could change his mind,” adding “As a trader, it’s the thing he’s most famous for.”

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