Alejandro is the fourth of the five children of the financier. The choice of heir came as a surprise to the public, with many predicting that the father’s estate was worth $25 billion to Jonathan, 52, Alex’s half-brother. The financier himself said before that, in principle, he would not transfer the fund to any of his children, because he should be headed by someone more suitable for that business. Now the billionaire explains the choice of his son by the fact that Alex “had it coming.”
The new director of the foundation told the WSJ that he is more politically active than his father. George Soros himself is known for his large-scale support of members of the Democratic Party. As the Daily Mail reported on April 8, Alex has visited the White House at least 14 times since December 2021. The heir has already promised that under his leadership, the foundation will play a major role in the upcoming US presidential election. Joined. The new leader plans to financially support Trump’s opponent. The successor to George Soros advocates for abortion rights and gender equality.
But the successor was not always like this. Initially, the media recognized Alex Soros as a young man with a luxurious lifestyle. In 2008, he spent a noisy summer at his father’s house in the Hamptons (an elite American resort) in the company of friends. Alex posted photos on social media in which he drinks alcohol and has fun with girls. In one of the images that reached the public space, a man kisses his son Soros on the cheek. According to the New York Times material, this behavior was perceived negatively in the family, and this became a lesson for Alex. A short time later, the son of a financier changed: he followed in his father’s footsteps and founded his own charitable foundation, specializing in protecting human rights, providing education, social justice in the United States and other countries. However, some features of the previous life have been preserved. In 2016, Alex returned to the Hamptons, but this time she didn’t take over his father’s estate, instead renting an $85 million summer mansion. The young man continued capturing his free time for social networks, but without consequences for his reputation. In 2018, Alex demonstrated academic excellence by earning a PhD in History.
With his riotous behavior in his youth, Alex was strikingly different from his brother Jonathan, a Harvard graduate and experienced investment lawyer. He was not seen in anything reproachable, he had participated in his father’s investment business since 2002 and seemed a more reliable candidate for the role of leader of the family empire. However, disagreements regularly arose between George and Jonathan, and in 2011 they stopped working together, as they had differing views on who should be hired for senior positions in the company.
By contrast, the old Soros recently reached out to Alex. “We think alike,” Soros told the WSJ. In recent months, father and son have been increasingly photographed together. Alex already in December last year took the place of his father. According to the WSJ, the young man is the only member of the family who is on the investment committee that controls the company Soros Fund Management, which distributes Soros’s funds.