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☆ Analysis: Donald Trump's legal drama grows by the day
▼ + stars: | 2023-08-10 | by ( Stephen Collinson | ) edition.cnn.com time to read: +11 min

CNN —Donald Trump’s already daunting legal predicament gets grimmer by the day as new details emerge of the depths to which he was prepared to stoop to reverse his defeat in the 2020 election. And as the former president’s legal team juggles court dates in different cities this week, their task in defending Trump is getting ever more complex. The stampede of developments around Trump’s cases is providing only a hint of the political and legal collision that is likely to unfold next year. But data from Trump’s account could potentially provide information about which phone – and potentially person – posted tweets to the account. Twitter data might also show any direct messages sent to or from Trump’s account.

Persons: Donald Trump’s, Trump, Fani Willis, Jack Smith’s, Carlos De Oliveira, Walt Nauta, Biden, Craig Robertson, Attorney Alvin Bragg, Stormy Daniels, Bragg, George Soros, Robertson, ”, General Merrick Garland, Willis –, –, Willis, Gov, Geoff Duncan, ” Duncan, CNN’s Erin Burnett, Georgia Biden, Brad Raffensperger, CNN’s Sara Murray, Elie Honig, Smith, “, Renato Mariotti, Jake Tapper, Trump ‘, ’ ” Trump, Joe Biden’s DOJ, ” Trump Organizations: CNN, Trump, Twitter, New York Times, FBI, Democratic, Manhattan, Attorney, Republican Locations: Georgia, Fulton County, Atlanta, Washington, Mar, Florida, Trump’s, Utah, Fulton, Coffee County , Georgia

☆ Trump goes on offense against Koch network as it spends against former president
▼ + stars: | 2023-08-07 | by ( Brian Schwartz | ) www.cnbc.com time to read: +2 min

For Trump and Koch, it represents the latest chapter in the on again, off again relationship between the two parties. The theme of the ads is simple: Trump can't win, and with Trump as the Republican nominee, President Joe Biden will be reelected. The ads have landed the Koch network squarely on Trump's list of enemies, literally. "Club for No Growth and Koch Brothers operations spending tens of millions of dollars to prop up Ron DeSantis while attacking President Trump," the July 17 memo claimed. But neither the Koch network nor the Club for Growth has endorsed a Republican primary candidate.

Persons: Donald Trump, Charles Koch, Koch, Joe Biden, George Soros, Paul Ryans, Trump, Ron DeSantis, David Koch, Charles Organizations: Republican, Koch Industries, PAC, Prosperity, Trump, Republican Party, Florida Gov, Koch, Club, Growth Locations: Trump's

☆ Opinion | Robert F. Kennedy Jr. Is Where Paranoia Meets Legacy Admissions
▼ + stars: | 2023-07-20 | by ( Frank Bruni | ) www.nytimes.com time to read: +1 min

It feels dangerous to write about Robert F. Kennedy Jr.: In the lag time between when I put the finishing touches on this and when it becomes publicly available, I could be a conspiracy theory or two behind. He’s a crank who cranks out whoppers the way Taylor Swift disgorges perfect pop songs. Kennedy is where paranoia meets legacy admissions. It’s an exaggeration of inequities and injustices that really do exist, and it simplifies a maddeningly complex world. Ranting about George Soros or Anthony Fauci feels a whole lot better than raging at the vicissitudes of fate.

Persons: Robert F, Kennedy Jr, Ron DeSantis, Taylor Swift, Kennedy, Donald Trump, Kennedy peddle, George Soros, Anthony Fauci Organizations: bulldogs, Trump

☆ Opinion: The GOP’s double standard on antisemitism
▼ + stars: | 2023-07-19 | by ( Opinion Jay Michaelson | ) edition.cnn.com time to read: +7 min

It echoes 1,000 years of antisemitic conspiracy theories that Jews are responsible for, yet somehow immune to, plagues and disease – beliefs that led to actual Jews being murdered by angry mobs. No, of course, we’re in Washington, DC, where politics dictates how antisemitism is, or isn’t, tolerated by those with something to gain from it. Really, it was only a matter of time before RFK Jr. stumbled into overt antisemitism. Without exaggeration, many of my Jewish friends have remarked that this mainstreaming of antisemitism reminds them of 1930s Germany. There is no equivalence between a strident anti-Israel remark and the resurrection of age-old antisemitic conspiracy theories.

Persons: Rabbi Jay Michaelson, Jay Michaelson Beowulf Sheehan, weren’t, Pramila Jayapal, Robert F, Kennedy, Jr, Jayapal, Kennedy Jr, John Lamparski, Joe Biden, Jay Michaelson, Kennedy’s, George Soros, MAGA, Nick Fuentes, Marjorie Taylor Greene’s, ’, Adolf Hitler Organizations: CNN, Rolling Stone, US Rep, Republicans, RFK, Democratic, Democrats, RFK Jr, Synagogue, for Disease Control, National Institute of Health, Homeland Security, FBI, CIA, Twitter, Facebook, MAGA Republicans, Georgia GOP, Washington DC Locations: Israel, we’re, Washington , DC, Pittsburgh, America, Georgia, California, Rothschild, Hollywood , New York, Germany

☆ 14 promises Donald Trump has made in his campaign for a second term
▼ + stars: | 2023-07-08 | by ( ) edition.cnn.com time to read: +13 min

CNN —Former President Donald Trump has hit the 2024 campaign trail and is giving voters a preview of what a second Trump presidency could look like if he’s elected. Drug cartels“The drug cartels are waging war on America—and it’s now time for America to wage war on the cartels,” former President Donald Trump said in a January campaign video. Trump also said in the campaign video that he would cut funding for schools that teach critical race theory and gender ideology. The former president added in a campaign video that he would stop lobbyists and government contractors from pushing senior military officials towards war. We will reverse almost all of them,” Trump said in a campaign video.

Persons: Donald Trump, Trump, He’s, –, it’s, ”, ” Trump, “, Joe Biden, … ” Trump, Equity “, Biden Organizations: CNN, America, Department of Defense, Education, of Justice, Department of Education, Conference, Marxist, Trump, Democrats, National Guard, Department of Justice, Cities, FBI, CIA, Trump Reciprocal Trade, Congress, Soros District, Rifle Association, Legislative Action, Equity, Pharmaceuticals Trump Locations: Ukraine, America, Washington, Russia, New Hampshire, New, China, United States

☆ Soros Foundation to Cut Staff by 40%
▼ + stars: | 2023-07-03 | by ( Gregory Zuckerman | ) www.wsj.com time to read: 1 min

This copy is for your personal, non-commercial use only. Distribution and use of this material are governed by our Subscriber Agreement and by copyright law. For non-personal use or to order multiple copies, please contact Dow Jones Reprints at 1-800-843-0008 or visit www.djreprints.com. https://www.wsj.com/articles/soros-foundation-to-cut-staff-by-40-2947451a

Persons: Dow Jones

☆ Opinion: It’s time to bring these US military veterans home
▼ + stars: | 2023-07-01 | by ( Opinion Saúl Ramírez | ) edition.cnn.com time to read: +9 min

CNN —Bartolomé, a US military veteran, has spent the last 15 Fourth of July holidays in Mexico. “It’s a stab in the back.”Between 2013 and 2018, 250 US military veterans were placed in removal proceedings and 92 were deported. Unfortunately, an accurate count of deported veterans is nonexistent, because Immigration and Customs Enforcement does not keep a comprehensive record of removed US veterans. Veterans who did not receive a dishonorable discharge are entitled to a military burial in the United States. As a result, the urgency in addressing noncitizen military members’ precarious situation is particularly palpable now.

Persons: CNN —, he’s, Saúl Ramírez Christopher Smith Bartolomé, ” Bartolomé, ”, “, Joe Biden, Mark Takano, Sen, Alex Padilla, “ I’m, I’m, ‘ I’m, ’, Bartolomé, ‘ Don’t, they’ve Organizations: Harvard University, CNN, US Armed Forces, Pew Research Center, United States, Judiciary, Department of Homeland Security, Immigration, Immigration Services, Department of Defense, Immigration Systems, New, of State, Department of Justice, DHS, of Homeland Security, Committee, Veterans Affairs, Veterans, Los, Twitter, Facebook, Bartolomé Locations: Mexico, United States, Los Angeles

☆ George Soros' foundation lays off 40% after son takes control
▼ + stars: | 2023-06-30 | by ( Samantha Delouya | ) edition.cnn.com time to read: +2 min

CNN —George Soros’ Open Society Foundations will lay off at least 40% of its staff one month after the 92-year-old announced he handed the reins of the multi-billion-dollar foundation to his son, Alexander Soros. The job cuts were announced in a statement signed by Alexander Soros and the foundation’s president, Mark Malloch-Brown. In June, the senior Soros, a Hungarian-born billionaire investor, philanthropist and contributor to liberal causes, announced that he had tapped his 37-year-old son, Alexander Soros, who goes by Alex, as the organization’s new chair. In an interview in the Wall Street Journal announcing the decision, Alexander Soros said he and his father “think alike,” but that he was more political than his father. Alexander Soros also said that under his leadership, he planned focus the foundation more on US domestic politics.

Persons: George Soros, Alexander Soros, Mark Malloch, Soros, Alex, “, Luiz Inácio Lula da Silva, Justin Trudeau, George Soros ’, Alex Soros Organizations: CNN, Open Society Foundations, Society, Street Journal, Biden, Canada’s, Forbes, Soros Locations: Hungarian

☆ Nonprofit funded by GOP donor Thiel apparently donated to left-leaning group, records show
▼ + stars: | 2023-06-28 | by ( Brian Schwartz | ) www.cnbc.com time to read: +6 min

The New Venture Fund raised over $950 million in 2021, according to the group's records. The listed donation to the New Venture Fund coincided with Thiel helping Republican candidates during the 2022 midterms. Massoglia suggested another scenario: that accountants for the Thiel Foundation may have filled out the forms incorrectly. The New Venture Fund is part of a network of left-leaning nonprofits guided by philanthropic advisory firm Arabella Advisors. Just like the New Venture Fund and the Donors Trust, the Sixteen Thirty Fund does not publicly disclose its donors.

Persons: Peter Thiel, Republican megadonor Peter Thiel, It's, Thiel, Anna Massoglia, OpenSecrets, Massoglia, Mitch McConnell, Brendan Fischer, Thiel Foundation hadn't, George Soros, Arabella Advisors Organizations: PayPal, Palantir Technologies, Founders Fund, Miami Beach Convention Center, Republican, Democratic Party, CNBC, The Thiel Foundation, New Venture Fund, D.C, New Venture, Thiel, Thiel Foundation, The New York Times, Donors Trust, Washington D.C, Google, America, Democratic, America Votes Locations: Miami , Florida, Washington, OpenSecrets, Ky

☆ Vice Media to Be Acquired Out of Bankruptcy by Fortress, Soros Fund
▼ + stars: | 2023-06-22 | by ( Alexander Saeedy | Jodi Xu Klein | ) www.wsj.com time to read: 1 min

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Organizations: Wall Street

☆ Vice Media declares Fortress Investment Group the winning bidder in bankruptcy sale
▼ + stars: | 2023-06-22 | by ( Alex Sherman | ) www.cnbc.com time to read: +2 min

(Photo by Hutton Supancic/Getty Images for SXSW)Vice Media has declared Fortress Investment Group's stalking horse bid of $225 million the winning offer for the company as it emerges from bankruptcy. Vice received multiple bids for the company, but none of them "rose to the level of being deemed a superior bid," according to an internal memo obtained by CNBC. Vice will present the sale to bankruptcy court on Friday and expects the acquisition to close then, the company said in the memo. The sale closes a chapter for the digital media company that was valued at $5.7 billion in 2017. Vice owns a series of assets including Vice News, Vice Studios, Refinery29 and an ad agency called Virtue.

Persons: Hutton Supancic, Fortress, GoDigital, Craig Greiwe, Spokespeople Organizations: Media, Investment, CNBC, Soros Fund Management, Monroe Capital, News, Vice Studios, Cannes Lions Locations: Viceland, Austin , Texas

☆ Vice Media, once worth billions, set to be acquired out of bankruptcy by its creditors for $225 million
▼ + stars: | 2023-06-22 | by ( Oliver Darcy | ) edition.cnn.com time to read: +2 min

CNN —Vice Media, the once-high flying digital media company valued at billions of dollars, is set to be acquired out of bankruptcy by three investment companies, including Fortress Investment Group, for $225 million. Bruce Dixon and Hozefa Lokhandwala, co-chief executives of Vice Media Group, informed staff of the decision in a memo Thursday morning. The acquisition agreement is the latest in a tumultuous period for Vice Media, which was once held up as the future of the business. Vice Media filed for Chapter 11 bankruptcy in mid-May. A person familiar with the matter told CNN that GoDigital was preparing to submit a bid between $300 million and $350 million.

Persons: —, Bruce Dixon, Hozefa Lokhandwala, ” Dixon, Lokhandwala, ”, Shane Smith, Nancy Dubuc, Monroe, GoDigital Organizations: CNN —, Media, Fortress Investment, Soros Fund Management, Monroe, Vice Media, “, Soros, GoDigital Media Group, CNN Locations: Fortress

☆ Fact Check-Claims that George Soros praised Ron DeSantis are missing context
▼ + stars: | 2023-06-20 | by ( Reuters Fact Check | ) www.reuters.com time to read: +2 min

Social media users (here), (here), (here) are sharing a post that misleadingly suggests Soros supports DeSantis as a presidential candidate: “Trump gets praise from Tucker Carlson. Why is that?”Responses to the posts include comments such as: “Is Soros funding DeSANTIS??? DeSantis ‘is likely to be the Republican candidate’ for president in 2024 - a prediction, not an endorsement,” Silber said in an email. Reuters found no record of Soros publicly praising DeSantis (tinyurl.com/mrne9esp), (tinyurl.com/ywhaab6t). There is no evidence that Soros publicly praised DeSantis.

Persons: George Soros, Ron DeSantis, Soros, DeSantis, “ Trump, Tucker Carlson, Trump, ”, Laura Silber, Mr, ‘, ’, ” Silber, Read Organizations: U.S, Republicans Trump, Democratic, Social, Soros, Conference, Republican, Big, Open Society, Gov, Reuters Locations: Florida

☆ Meet GoDigital, the happiness-obsessed company that wants to buy Vice Media
▼ + stars: | 2023-06-16 | by ( Alex Sherman | ) www.cnbc.com time to read: +8 min

Vice Media Group logo Pavlo Gonchar | Lightrocket | Getty ImagesWhen Suroosh Alvi, Gavin McInnes and Shane Smith founded Vice magazine, which later expanded to Vice Media, they built a business based on a punk rock, counterculture image. GoDigital Media Group is a privately held conglomerate that owns video and music rights, especially in the Latin genre, and an array of different businesses. GoDigital plans to bid for Vice on Tuesday at a price between $300 million and $400 million, according to people familiar with the company's thinking. He will preach that message to Vice's employees on Day One if GoDigital acquires the company, he said. Smith, Vice's executive chairman and former CEO, couldn't be reached for comment.

Persons: Pavlo Gonchar, Suroosh Alvi, Gavin McInnes, Shane Smith, Smith, Jason Peterson, Logan Mulvey, GoDigital, Jason DeRulo, Peterson, Berkshire Hathaway, what's, Mulvey, John Leguizamo, Craig Greiwe, Sean, Diddy, Combs, couldn't, haven't, ' Peterson, Alex Wallace, Wallace, Gay Hendricks, We're, Adam Neumann's, I'm Organizations: Media, Lightrocket, Vice Media, GoDigital Media, Berkshire, Eastern Mountain Sports, NGL, Fortress Investment, Soros Fund Management, Monroe Capital, Fortress, Yahoo, CNBC Locations: Brooklyn , New York, Los Angeles

☆ UBS Just Outlined the Key People Tasked With Integrating Credit Suisse
▼ + stars: | 2023-06-13 | by ( Dan Defrancesco | ) www.businessinsider.com time to read: +4 min

Monday marked the official closing of UBS' acquisition of Swiss rival Credit Suisse, a deal both sides weren't exactly thrilled about. Specifically, the bank identified the Credit Suisse execs sitting in positions of power within its investment bank and wealth management division. UBS has not been bashful in hinting at what it is, and is not, interested in integrating from Credit Suisse. Credit Suisse was in rough shape by the time it got acquired, but that's not to say there weren't talented bankers there. Read more about the leaders of UBS' wealth and investment bank teams following its Credit Suisse deal.

Persons: Dan DeFrancesco, we've, Insider's Michelle Abrego, Kaja Whitehouse, that's, Read, Alexander Soros, George Soros, Jeffrey Epstein, Thoma, Nasdaq's, Morgan Stanley, Sam, Here's, Alex Soros, it's, We've, Jeffrey Cane, Hallam Bullock Organizations: Nasdaq, UBS, Swiss, Credit Suisse, Suisse, Credit Suisse execs, Lehman Brothers, George Soros Getty, JPMorgan, Thoma Bravo, Soros, Open Society Foundation, LinkedIn Locations: secondaries, New York, London

For the second time this year, Democrats find themselves in a complicated position: torn between celebrating a long-sought indictment of Donald J. Trump and proceeding with caution. The party is in near-universal agreement that Mr. Trump should face federal charges for retaining classified documents and resisting investigators’ efforts to recover them. When Mr. Trump was indicted in March, Mr. Bennett questioned whether the offenses the former president had been accused of were worth the political risk of an indictment. This time, Mr. Bennett said, he has no doubts about the indictment’s necessity. Already, many leading Republicans have rallied around Mr. Trump; some have gone so far as to suggest outright war.

Persons: Donald J, Trump’s, Trump, ”, Greg Landsman, “, ” Matt Bennett, Bennett, Mr, “ Trump, Patricia Todd, Laleh Ispahani, George Soros, ” Maria Cardona, ” Ms, Cardona, ” Reid J, Epstein Organizations: Mr, Republican, Republicans, Democratic, Alabama Democratic Party, Democrats, Open Society Locations: New York City, York, Ohio, United States

☆ The Soros Era Is Over on Wall Street
▼ + stars: | 2023-06-12 | by ( ) www.wsj.com time to read: 1 min

George Soros has handed the reins of his empire to his 37-year-old son, Alex, marking the end of an era on Wall Street. For decades, Soros’s moves were scrutinized, followed and sometimes even imagined by rival traders. Soros, who ran the Quantum Fund, one of the most successful hedge funds in history, traded stocks, bonds and currencies all over the world, becoming a pioneering ‘global macro’ investor. He built a fortune in the 1970 and 1980s making big bets that anticipated economic and political shifts.

Persons: George Soros, Alex, Soros Organizations: Quantum

☆ Wall Street Journal: George Soros has handed control of his charitable and political activities to his son Alex
▼ + stars: | 2023-06-12 | by ( Chris Isidore | ) edition.cnn.com time to read: +2 min

New York CNN —Billionaire George Soros, a leading philanthropist and contributor to liberal political causes, has tapped his 37-year old son Alexander Soros to lead his charitable foundation and political action committee, according to the Wall Street Journal. In an interview with the Journal Sunday, Alexander Soros was revealed to be the chair of the Open Society Foundations, Soros’ main philanthropic organization. George Soros, 92, is worth an estimated $6.7 billion according to Forbes, but his foundations are worth far more than that. He has given $32 billion to his Open Society Foundations, according to its website. His political action committee, Democracy PAC, gave $81 billion in political donations during the 2019-2020 election cycle, according to Open Secrets, which tracks political donations and spending.

Persons: George Soros, Alexander Soros, Alex, Chuck Schumer, Luiz Inácio Lula da Silva, Justin Trudeau, Forbes Organizations: New, New York CNN, Wall Street, Sunday, Open Society, Soros, Biden Administration, Canada’s, Democracy PAC Locations: New York

☆ Meet Alex Soros, the 37-year-old son of legendary investor George Soros: Once known for a highflying social life, he is now taking over a $25 billion empire.
▼ + stars: | 2023-06-12 | by ( Huileng Tan | ) www.businessinsider.com time to read: +4 min

Alex Soros, the 37-year-old son of George Soros, has taken over the reins of his father's empire. He has turned his image around and is now at the helm of Soros' Open Society Foundations. Alexander Soros, the 37-year-old son of legendary investor George Soros, has taken over the reins of his father's empire in what is seen as a 180-degree departure from his previous playboy image. Alex — the elder son of George Soros and his second wife, historian Susan Weber — wasn't always in the pole position to take over the empire. An Open Society Foundations spokesperson confirmed to Insider that Alex has been named chair of the Open Society Foundations.

Persons: Alex Soros, George Soros, Alex, Alexander Soros, Alexander —, Alex —, George Soros's, Susan Weber — wasn't, Jonathan Soros, Soros, Joe Biden, Justin Trudeau, Dionysus, Heine, Nietzsche, Marx Organizations: Soros, Society, Soros Fund Management, Wall Street Journal, OSF, Wall Street, Open Society, Canadian, New York Times, New York, NBA, University of California, Biden White Locations: Southampton, —, Berkeley, Budapest

☆ George Soros Gives Control of His $25 Billion Foundation to His Son
▼ + stars: | 2023-06-12 | by ( Michael J. De La Merced | ) www.nytimes.com time to read: +1 min

After decades running one of the most prominent and politically active financial empires, George Soros is handing the reins of his $25 billion Open Society Foundations to his son Alex, the grant-making network confirmed on Monday. Alex Soros, the second-youngest of George’s five children, was elected the foundation’s chairman in December. He also serves as president of the Soros super PAC and is the only family member on the investment committee for Soros Fund Management, a private investment management firm. That will put him in charge of a philanthropic empire, funded from the billions that George Soros made from finance. Over five decades, George Soros cemented his reputation as one of the most successful investors in modern history, particularly when he made more than $1 billion by betting against the British pound in 1992.

Persons: George Soros, Alex, Wall, Soros, Alex Soros Organizations: Soros, Soros Fund Management

☆ George Soros hands control of his $25 billion empire to his son Alex
▼ + stars: | 2023-06-12 | by ( Jihye Lee | ) www.cnbc.com time to read: +2 min

George Soros, billionaire and founder of Soros Fund Management LLC, speaks during an event on day two of the World Economic Forum (WEF) in Davos, Switzerland, on Tuesday, May 24, 2022. Philanthropist billionaire George Soros confirmed that he is handing control of his $25 billion empire to his son Alex. Soros, 92, has a net worth of $6.7 billion, according to Forbes, and is the one of the top 400 richest people in the world. The Open Society Foundations did not immediately respond to a CNBC request for comment but a spokesperson did confirm the details of the interview with the Reuters news agency. Billionaire Elon Musk recently took to Twitter to attack Soros after his Soros Fund Management cut its stake in Tesla.

Persons: George Soros, Alex . Soros, Forbes, Alex, Donald Trump, Soros, Elon Musk Organizations: Soros Fund Management, Economic, Open, Wall Street, Soros, Society, CNBC, Reuters, U.S . Democratic, Bank of England, London School of Economics, Twitter, Fund Management Locations: Davos, Switzerland, U.S, Hungary

☆ Ron DeSantis to attend fundraiser with Wall Street execs, including former Soros firm partner
▼ + stars: | 2023-06-12 | by ( Brian Schwartz | ) www.cnbc.com time to read: +2 min

Ron DeSantis is coming to New York for a private presidential campaign fundraiser that's set to be hosted by at least four Wall Street executives, including one with past ties to a firm backed by liberal billionaire George Soros, a frequent target of DeSantis and other Republicans. The event is scheduled to take place June 29 at the swanky Yale Club, according to a copy of an invitation seen by CNBC. It will be one of DeSantis' first fundraisers in the Big Apple since he officially launched his campaign for president last month. Shortly after publication of this story, Ardire called CNBC to say that he was added to the gathering's host list by "mistake." DeSantis is still governor of Florida and GoldenTree has an office in West Palm Beach, Fla.

Persons: Ron Desantis, Ron DeSantis, that's, George Soros, DeSantis, Donald Trump, Paul Ardire, Christian Michalik, Rob Michalik, Corwynne Carruthers, GoldenTree, PitchBook, Ardire, he's Organizations: Republican Florida, Republican U.S, Florida Gov, Wall Street, swanky Yale Club, CNBC, Big Apple, GOP, GoldenTree Asset Management, Kinderhook Industries Locations: West Des Moines , Iowa, U.S, New York, Manhattan, Miami . New York, PitchBook, Florida, West Palm Beach, Fla

☆ Billionaire George Soros hands control of empire to son Alex
▼ + stars: | 2023-06-11 | by ( ) www.reuters.com time to read: +1 min

June 11 (Reuters) - Billionaire financier George Soros is handing control of his massive empire to his son Alexander, a Soros spokesperson said on Sunday. The spokesperson confirmed the details from an interview with Soros published in The Wall Street Journal on Sunday. But speaking of his decision to turn over the foundation and the rest of his $25 billion empire to his 37-year-old son, who goes by Alex, the elder Soros said: "He's earned it." Billionaire investor George Soros speaks to the audience at the Schumpeter Award in Vienna, Austria June 21, 2019. The OSF board elected Alex as its chairman in December, and Alex now directs political activity as president of Soros' political action committee.

Persons: George Soros, Alexander, Soros, Alex, He's, Lisi Niesner, he's, Carolina Mandl, Rami Ayyub, Michael Erman, Mark Porter Organizations: Soros, Society, Billionaire, REUTERS, OSF, Carolina, Thomson Locations: Vienna, Austria, New York, Washington, New Jersey

☆ Billionaire George Soros hands control of empire to son, Wall Street Journal reports
▼ + stars: | 2023-06-11 | by ( ) www.reuters.com time to read: +1 min

June 11 (Reuters) - Billionaire financier George Soros told the Wall Street Journal in an interview published on Sunday that he was handing control of his massive empire to his son, Alexander Soros. But speaking of his decision to turn over the foundation and the rest of his $25 billion empire to his son, Alexander, 37, who goes by Alex, the elder Soros said: "He's earned it." Also interviewed by the newspaper, Alex said he's "more political" than his father and that he plans to continue donating family money to back left-leaning U.S. political candidates. The OSF board elected Alex as its chairman in December, and Alex now directs political activity as president of Soros' political action committee. The foundation directs about $1.5 billion a year to groups such as those backing human rights around the world and helping build democracies, the Wall Street Journal reported.

Persons: George Soros, Alexander Soros, Soros, Alexander, Alex, He's, he's, Rami Ayyub, Mark Porter Organizations: Wall Street, Society, OSF, Wall Street Journal, Thomson

☆ George Soros Hands Control to His 37-Year-Old Son: ‘I’m More Political’
▼ + stars: | 2023-06-11 | by ( Gregory Zuckerman | ) www.wsj.com time to read: 1 min

Persons: Dow Jones, george, soros, alexander, e3c4ca13

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