Since the 1990s, the Soros family fortune has been used to support democracy in many countries of the world – the BBC website wrote on Monday, confirming information from the American daily based on the billionaire’s spokesman.

George Soros is one of the largest donors to the US Democratic Party.

Alex, a trained historian, is the second youngest of George Soros’ five children. He is the only family member to serve on the investment committee of Soros Fund Management. Although father and son share similar political views, Alex told the WSJ that he is “more politicized” than his father and that he will be involved in a political campaign to prevent Donald Trump from running for a second US presidential term in 2024.

“No matter how much I want to take money out of politics, as long as others are doing it, we should do it too,” said Alex Soros.

Alex emphasized that the Open Society Foundation (OSF), which his father founded, will have the same goals as before, namely fighting for freedom of opinion, criminal justice reform, minority and refugee rights, and supporting liberal politicians. Under Alex’s leadership, he would also support gender equality, voting rights and abortion initiatives, while pursuing an agenda that focused more on the United States than the world.

George Soros was born in Hungary in 1930. During World War II, his family had to hide their Jewish origins. After the war, he left Hungary for London, then moved to New York, where he earned billions of dollars through his investment fund business. After 1989, he founded OSF to support the democratization process in former Soviet bloc countries. The foundation currently spends approximately $1.5 billion annually to support liberal initiatives, educational and human rights organizations in more than 120 countries.

OSF moved its international operations office from Budapest to Berlin in 2018, when the Hungarian government led by Viktor Orban launched a campaign against the work of Soros’ foundation. Some of his actions have been subject to criticism from far-right groups, the BBC noted. (PAP)

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