Billionaire George Soros hands control of empire to son Alex

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Billionaire George Soros hands control of empire to son Alex
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George Soros, a hedge-fund manager turned philanthropist and major backer of liberal causes, said he was handing control of his $25 billion empire to his son Alexander

June 11 - Billionaire financier George Soros is handing control of his massive empire to his son Alexander, a Soros spokesperson said 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." He told the Journal that he would broaden the foundation's priorities to include voting and abortion rights as well as gender equity.

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