Born in 1988, Gregory Soros is the youngest in the Soros empire. Gregory’s family has always been in the limelight because of their father’s wealth, but Gregory has always chosen a silent life with no drama.
Gorge Soro, Gregory’s father, got the headlines when he handed his multi-billion empire to one of his sons, Alexander. Although many people had not seen it coming, George Soros clarified that Alex had earned the role, which was assumed to belong to the eldest Soros. Here is more to the story.
Who is George Soros
Gorge Soros is one of the wealthiest Philanthropists who broke the record as one of the most generous billionaires. The Forbes Magazine listed Soros as the 162nd richest person in the world in March 2020, having a net worth of $8.3 billion.
Soros is one of the generous donors, having distributed 64% of his original fortune through the Open Society Fund. When measuring his percentage of net worth to donations, Forbes called him the most generous.
Gregory Soros’ father was born in 1930 in Budapest, and he survived the Nazi occupation of Hungary and moved to the United Kingdom. He attended the London School of Economics and was awarded a BSc in Philosophy. He continued his studied and was awarded a Master of Science in Philosophy in 1954.
The Soros Succession
The billionaire financier revealed that Alex, his 37-year-old, was the current chairman of the $25 billion investing enterprise. Soros has five children, and this announcement shocked many, as they expected Jonathan, the third son, to be the heir.
But, it seems that Jonathan and his father never agreed on a few things, which made Alex the suitable heir of the multi-billion enterprise. Jonathan left his father’s business in 2011 and started Athletes Unlimited, which operates women’s athletic leagues.
The departure of Jonathan left the heir space to Alex, who has a Ph.D. in History. In the early years, Alex never showed seriousness in taking his father’s empire. He was known for throwing lavish parties and spending time with celebs but has now entirely changed to fit the successor of the great empire.
Gregory Soros and his other siblings, Andrea and Robert, seem to have not been in the succession race. However, some sources indicated that Robert was involved in a messy Divorce in 2014, explaining why he was out.
Robert, the eldest Soros, also worked in the family empire until 2017, when he chose to leave and start his wealth management firm. Andrea Soros, is the only daughter of Gorge Soros, and she serves as a board member of the Open Society Foundations.
Who is Alexander Soros
Alexander Soros is the new face of Open Society Foundations. Although George Soros never wanted his five children to take over the investment, he disclosed that they had reached an agreement for Alex to be the new chairman after George Soros. The billionaire supported having Alex as the new chairman, citing that he had proved worthy of the position.
Gorge Soros has been one of the greatest donors towards politics, and Alex added that he will be more political than his father.