George Soros Gives Up Control of $25 Billion Empire

George Soros answers questions after delivering a speech on the sidelines of the World Economic Forum annual meeting in Davos, Switzerland, on May 24, 2022. Fabrice Coffrini/AFP via Getty Images

Billionaire financier and political activist George Soros told The Wall Street Journal that he had ceded control of his $25 billion empire to his son, Alex Soros, who suggested that he would be even more politically engaged than his father.

George Soros, 92, told the Journal that he had handed the reins of his Open Society Foundations (OSF) to his 37-year-old son.