The conservatives and the alt-right will have to find another enemy, as their preferred goal is to go too far.
Billionaire George Soros, 92, the subject of many conspiracy theories, leaves the stage. The legendary financier hands over the reins to one of his sons.
In an interview with The Wall Street Journal, the person who conspiracy theorists have accused of all the evils affecting our world announced that his son, Alexander, 37, would take the reins of his $25 billion empire.
“We think alike,” Soros told the newspaper.
Michael Vachon, George Soros’ confidante, confirmed to TheStreet that Alexander is now the new boss.
Alex Soros
George Soros has six children. He had three – two sons and a daughter – from his first marriage to Annalize Soros. Jonathan, 52, the younger, a lawyer and financier, was considered the natural heir but there were insurmountable differences with his father.
Alexander, accompanied by Alex, is the eldest of two children – all boys – George Soros had from his second marriage to Susan Weber. Hip-hop fan and social scientist with a Ph.D. in history from the University of California, Berkeley.
Alex Soros inherited an empire that includes Soros Fund Management, the hedge fund that consolidates his father’s holdings, and positions in listed companies on Wall Street. SFM is a family office managing public and private equity.
The Soros empire also includes the Open Society Foundations, a network of entities with operations around the world that have set themselves the goal of promoting democracy, human rights, and freedom of the press. OSF also funds many progressive causes and NGOs around the world. The Open Society Foundations is one of the wealthiest in the world, along with the Bill & Melinda Gates Foundation, devoting billions of dollars to promoting public health and development.
One of OSF’s most controversial decisions under Soros has been to make numerous contributions to support reform-minded attorneys general across the US since 2015. In an opinion piece in the Wall Street Journal last summer, the billionaire said he had “no intention of stopping” support Progressive candidates who are running to become attorney general or for re-election.
“My money enables sane, reform-minded candidates to receive a hearing from the public. Based on the results, the public loves what they hear,” Soros said.
I’m more political
This decision has led to George Soros being accused of being the cause of insecurity and crime in many major American cities, most notably those controlled by Democrats.
In April, the entire American right and former President Donald Trump accused him of being the instigator of the impeachment of Trump, the first former president to be arrested in US history.
The reality star called it quits in the real estate and TV industry on April 4. Manhattan prosecutors accused him of orchestrating a hush-hush scheme to help pave his way to the presidency and then cover it up while he was in the White House.
He was charged with 34 criminal charges and appeared in a Manhattan courtroom. Trump pleaded not guilty in the case.
For the former president, who is running for president in 2024, is a setup by Soros, who “selected and funded” Manhattan Attorney General Alvin L. Bragg.
Soros denied these accusations.
But this does not prevent conspiracy theorists and Trump from saying that Soros leads an elite group that wants to prevent the former Republican president from coming to power again.
Alex Soros, who has been OSF president since December, says he’s more of a politician than his father. Hence he plans to expand the causes espoused by OSF to include voting rights and abortion, as well as gender equality, and will continue to fund the campaigns of left-leaning American politicians. This means that the Soros name will continue to be a favorite target for conservatives and conspiracy theorists.
“I’m more political,” Alex told the Wall Street Journal.
Alex Soros has expressed concern about the possibility of Trump returning to the White House in 2024, and said the OSF will use its financial power to remove the former Republican president.
“As much as I’d like to get money out of politics,” Soros’ heir said, “as long as the other side is doing it, we’ll have to do it, too.”
Soros has a super PAC known as the Democracy PAC.
However, there is a point on which Alex Soros agrees with the conservatives. This is freedom of speech. He believes that freedom of speech has been restricted too much on college campuses and everywhere else.