Soros hands control of his $25 billion empire to his son Alex

George Soros, 92, has confirmed that he has handed control of his $25 billion empire to his son Alex. Billionaire investor George Soros has confirmed that he has handed control of his $25 billion empire to his son Alex. Soros, 92, has a net worth of $6.7 billion, according to Forbes, and is one of the 400 richest people in the world. In 2017, he transferred $18 billion from his family office to the Open Society Foundations, a charitable group that operates in more than 100 countries and of which his son Alex was appointed chairman in December. Speaking to the Wall Street Journal in an exclusive interview published over the weekend, Alex said he was “more political” than his father and hinted that the Soros organization would have a significant financial role in next year’s U.S. elections. The Open Society Foundations did not immediately respond to CNBC’s request for comment, but a spokesperson confirmed details of the interview to the Reuters news agency.