Alexander Soros, the unexpected heir to a 23 billion empire

Much has been written over the years about the financier, philanthropist and investor George Soros (92 years old).

Oliver Thansan
Oliver Thansan
01 July 2023 Saturday 16:21
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Alexander Soros, the unexpected heir to a 23 billion empire

Much has been written over the years about the financier, philanthropist and investor George Soros (92 years old). He has been labeled as a speculator since his mythical attack on the pound sterling in 1992, as an alleged conspirator (and inspirer) of all kinds of Judeo-Masonic political campaigns related to immigrants, the LGTBI collective, authoritarian political regimes on several continents, going through his enmity with Vladimir Putin and Donald Trump. His dancing skills have even been highlighted during the Davos Economic Forum festivities.

But little had been said about his son Alexander (37 years old). Until now. Because he will be the successor in the foundation and the multimillion-dollar heritage of his father valued at 23,000 million euros. He was not in the pools. No one in the financial world was betting on him. The patriarch himself had said that none of his five sons would take his empire. But in the end, he is the chosen one. “He has earned it,” said patriarch George.

Who is Alexander? “I am more political than my father,” he said in an interview with The Wall Street Journal. A practicing Jew, he holds a BA in History from New York University and a Ph.D. from the University of California at Berkeley. His university doctoral thesis was entitled: The Jewish Dionysus: Heine, Nietzsche, and the Politics of Literature. It does not seem that finances have been the priority in his formation, although they have been present in his life for some time. Alex is already the only family member on the investment committee that oversees Soros Fund Management; and already in December he was elected as president of the board of directors of the Open Society Foundation, the family foundation active in 120 countries that finances causes each year with donations of 1,500 million euros.

He is now seen as a handsome young man some would call a golden bachelor. But it was not always so. According to an extensive report in the New York Post, he was rather shy as a child, afraid of being kidnapped and overweight, apparently due to the excessive presence of foie gras on the domestic menu. Cared for by a Chinese nanny, he was surrounded by luxuries and eccentricities, such as a llama farm, a movie theater, and go-karts to drive at will. In a 2012 interview in The New York Times, Alex admitted to a complicated relationship with his father growing up. "I felt unwanted," he said, "he had a hard time communicating love and he was never really close."

Growing up, his worldly virtues flourished. Photos of parties with models circulate on a farm valued at 70 million euros, a lobster-based buffet, while the guests have fun playing hide-and-seek under the effluvia of alcohol. In 2021, she made headlines after the tip of more than 600 euros that she left for the waiters at a bar after spending a long night there with two friends came to light.

Sins of youth, because today's Alex Soros seems like a boy with a well-furnished head. Basketball fan, staunch supporter of the New York Jets, the American football team, and passionate about hip-hop, he maintains intellectual concerns. They say that he walks around writing everything down in a notebook.

A decade ago he founded his own foundation, the Alexander Soros Foundation, which channels donations to the party and Democratic candidates, as well as causes related to employment for the Latino population in New York or education in African countries. "In defense of the right to abortion and gender equality, I think the same as my father," he said.

He directs the activities of the Political Action Committee (PAC) of the Soros empire. His ideological battle against the Republican party is launched. “As much as I would like to keep money out of politics, as long as the other side does it, we will have to do it too,” he said. In his last meeting with Pedro Sánchez, he commented on the networks, posting a photo: “The Spanish prime minister is great in many things. Even in selfies."