Al Mayadeen English

  • Ar
  • Es
  • x
Al Mayadeen English

Slogan

  • News
    • Politics
    • Economy
    • Sports
    • Arts&Culture
    • Health
    • Miscellaneous
    • Technology
    • Environment
  • Articles
    • Opinion
    • Analysis
    • Blog
    • Features
  • Videos
    • NewsFeed
    • Video Features
    • Explainers
    • TV
    • Digital Series
  • Infographs
  • In Pictures
  • • LIVE
News
  • Politics
  • Economy
  • Sports
  • Arts&Culture
  • Health
  • Miscellaneous
  • Technology
  • Environment
Articles
  • Opinion
  • Analysis
  • Blog
  • Features
Videos
  • NewsFeed
  • Video Features
  • Explainers
  • TV
  • Digital Series
Infographs
In Pictures
  • Africa
  • Asia
  • Asia-Pacific
  • Europe
  • Latin America
  • MENA
  • Palestine
  • US & Canada
BREAKING
Trump: Technical teams will meet again on Monday in Egypt to discuss and clarify the final details, and the first phase is scheduled to be completed this week
US President Donald Trump: Talks with Hamas have been very successful and are moving at a rapid pace
Local sources in Aleppo: Violent clashes erupt between the SDF and factions affiliated with the transitional authority on the Deir Hafer and Tishrin Dam fronts in the eastern Aleppo countryside
Israeli media: Interceptor missiles fired in an attempt to shoot down the drone
IOF Spokesperson: Sirens sounded amid suspected "enemy aircraft" infiltrating the Eilat area
Israeli media: "Israel" won the battle but lost the war strategically and politically
Israeli media: Ben Gurion Airport's airspace closed to air traffic following missile launch from Yemen
Israeli media: Echoes of several explosions heard in central occupied territories
United States: A federal judge temporarily blocks President Donald Trump from deploying 200 Oregon National Guard troops to Portland
Syria: Local sources for Al-Mayadeen: An IOF patrol consisting of 4 vehicles entered the village of Suissa in the southern countryside of Quneitra

Soros officially hands control of financial empire to son

  • By Al Mayadeen English
  • Source: The Wall Street Journal
  • 12 Jun 2023 08:58
  • 7 Shares
2 Min Read

George Soros' son Alex says he plans to continue pouring cash into the US political scene.

  • x
  • Soros passes down control of liberal-spreading empire to his son
    George Soros in New York, United States on November 6, 2013 (AFP)

American billionaire and founder of the controversial Open Society Foundation OSF George Soros announced in an interview with The Wall Street Journal that he is passing down control of his empire to his son Alexander Soros.

The senior Soros has made a name for himself by supporting liberal non-profits and think tanks over the world under the pretext of "spreading democracy".

The foundation has put more than $32 billion into various NGOs globally since 1988, placing the elder Soros under the spotlight for what many described as the fabricating and financing of color revolutions in countries that don't align with American interests and oppose Washington's agendas in various parts of the world - namely in Eastern Europe in the 1990s and most recently the 2014 coup in Ukraine.

Read more: Neo-compradors: the leftist foot soldiers of Imperialism

Related News

Trump marks Navy’s 250th anniversary despite US shutdown

Two dead, 12 hurt in downtown Montgomery, Alabama shootout

The 37-year-old who chairs his father’s OSF and directs its political action committee, which aims to promote “the growth of inclusive and vibrant democracies”, is also a fundraiser on behalf of the Democratic Party. 

Soros told WSJ in the interview published on Sunday that Alex has "earned" becoming the head of the $25 billion financial and political family firm, explaining why he chose him as a successor, despite having stated earlier that he does not want OSF to be taken over by any of his five children.

Alex admitted to the journal that he is “more political” than his father and plans to continue funneling money into American politics.

The New York Post reported in April that the newly chosen successor had made at the time 14 documented visits to the White House since US President Joe Biden took office in 2020.

“As much as I would love to get money out of politics, as long as the other side is doing it, we will have to do it too," Alex told the WSJ.

Read more: Elon Musk: Soros hates humanity

  • United States
  • Alex Soros
  • george soros
  • open society foundation
  • Democratic Party
  • US

Most Read

Hamas fighters stand in formation ahead of a ceremony to hand over Israeli captives to the Red Cross in Nuseirat, Gaza Strip, Feb. 22, 2025. (AP)

Hamas reviews Trump’s Gaza ceasefire plan as PIJ rejects

  • Palestine
  • 30 Sep 2025
Iraq at a crossroads: A new war front?

Iraq at a crossroads: A new war front?

  • West Asia
  • 30 Sep 2025
A Hamas fighter in combat fatigues stands before the ceremony for the handover of Israeli captives to the Red Cross in Nuseirat, central Gaza Strip, Saturday, February 22, 2025 (AP)

Hamas responds to Trump plan, backs Gaza withdrawal, exchange

  • Politics
  • 3 Oct 2025
Tucker Carlson speaks at a memorial for Charlie Kirk, Sunday, September 21, 2025, at State Farm Stadium in Glendale, Arizona (AP)

Tucker Carlson: Israeli officers gave orders on Iran inside Pentagon

  • Politics
  • 2 Oct 2025

Coverage

All
War on Gaza

Read Next

All
French far-left leader Jean-Luc Melenchon, listens to France Unbowed party parliament member Mathilde Panot during a demonstration after a Gaza-bound aid flotilla was illegally raided by the IOF, Thursday, Oct. 2, 2025 in Paris (AP)
Politics

French MPs on hunger strike after their detainment in 'Israel'

Gaza residents fear trap as Trump’s plan offers little relief
Politics

Flying promises and bombs: Gazans hopeful, yet deeply distrustful

Two years of destruction: Gaza endures war, famine, and displacement
Politics

UNRWA details Gaza's two years under war, famine, and displacement

In this photo provided by the North Korean government, North Korean leader Kim Jong Un, center, visits a military hardware exhibition in Pyongyang, Notrh Korea Saturday, Oct. 4, 2025 (AP)
Politics

DPRK's Kim unveils new advanced weapons at 'Defiance Development 2025'

Al Mayadeen English

Al Mayadeen is an Arab Independent Media Satellite Channel.

All Rights Reserved

  • x
  • Privacy Policy
  • About Us
  • Contact Us
  • Authors
Android
iOS