Alex Soros Inherits Father's Empire: A New Era for Open Society Foundations

Created: JANUARY 24, 2025

The recent transfer of control over the substantial $25 billion Open Society Foundations from George Soros to his son, Alex Soros, has sparked reactions, notably a pointed comment from Hungarian Prime Minister Viktor Orbán. Orbán's tweet, featuring a GIF from "The Godfather" depicting a father-son handover, alludes to the significant shift in leadership within the influential organization.

This transition marks a pivotal moment for the Open Society Foundations. While inheriting his father's vast philanthropic network, Alex Soros has indicated a potentially more politically active approach than his predecessor. This has drawn attention, particularly given the historical tension between George Soros and Viktor Orbán. Despite once being a recipient of a Soros Foundation scholarship, Orbán has since become a vocal critic of Soros and his globalist viewpoints.

In his first interview since assuming control, Alex Soros expressed his intention to amplify his father's liberal objectives, including continued support for left-leaning political figures. He also voiced concerns about the possibility of a Donald Trump presidency in 2024. Recent meetings with prominent figures such as Biden administration officials, Senate Majority Leader Chuck Schumer, and various heads of state underscore Alex Soros's growing political engagement.

George Soros's decision to ultimately entrust his son with the foundation's leadership, despite initial reservations about familial succession, suggests a confidence in Alex's capabilities and vision. This transition raises questions about the future direction of the Open Society Foundations and its impact on the political landscape.

Viktor Orban and George Soros

Hungarian Prime Minister Viktor Orbán (left) and philanthropist George Soros (right). (Associated Press)

Alex Soros, son of George Soros

Alex Soros, founder of the Alexander Soros Foundation, at the World Economic Forum in Davos, Switzerland. (Jason Alden/Bloomberg via Getty Images)

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