More Bad News for America
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Soros turns over his $27b to his son — “I’m more political”.
George Soros, the legendary investor, philanthropist and right-wing target, is handing control of his $25 billion empire to a younger son—Alexander Soros, a self-described center-left thinker who grew up self-conscious of the family’s wealth and wasn’t thought to be a potential successor.
The 37-year-old, who goes by Alex, said in the first interview since his selection that he was broadening his father’s liberal aims—“We think alike,” the elder Soros said—while embracing some different causes. Those include voting and abortion rights, as well as gender equity. He plans to continue using the family’s deep pockets to back left-leaning U.S. politicians.
“I’m more political,” Alex said, compared with his father. [How is that possible?] He recently met with Biden administration officials, Senate Majority Leader Chuck Schumer (D., N.Y.) and heads of state, including Brazil’s President Luiz Inácio Lula da Silva and Canada’s Prime Minister Justin Trudeau to advocate for issues related to the family foundation.
The Soros’s nonprofit Open Society Foundations, known as OSF, directs about $1.5 billion a year to groups such as those backing human rights around the world and helping build democracies. Foundation money also goes to universities and other educational organizations. The Soros super PAC, Democracy PAC, has backed the election campaigns of district attorneys and law-enforcement officials seeking to reduce incarceration rates and racial bias in the justice system, among the efforts that have riled the right.
The $500,000 camel’s nose that Freddie DeCaro and his ilk let into Greenwich politics is just a harbinger of what’s to come, but it’s worth remembering what DeCaro and Greenwich Democrats denied: The donor, the Center for Tech and Civic Life, is intimately entwined in the Soros money, and if you think that Soros selected Greenwich, one of the wealthiest towns in the United States, to give money to solely out of a desire to dish out non-partisan cash well, I do sell real estate, including bridges — call me.
Center for Tech and Civic Life takes money from:
The New Venture Fund was CTCL’s second-largest donor in 2020 after Zuckerberg, gifting CTCL $24,829,000. The New Venture Fund is part of a multi-billion-dollar pass-through nonprofit network for liberal donors to support center- and far-left political causes run by Arabella Advisors, a consultancy in Washington, D.C. 198 The Hopewell Fund, also run by Arabella Advisors, later contributed $3 million to CTCL in 2021. 199
The New Venture Fund takes money from:
Soros’s Open Society Foundation, and from:
Arabella Advisors — the main, but by no means the only Soros organization.
