On Monday, Soros, 92, used his Twitter account (blocked in Russia) to deny rumors that he died of a heart attack. He is the creator of several organizations known as the “Soros Foundation” (banned in the Russian Federation). The activities of its two foundations – “Open Society” and “Open Society – Assistance Fund” – are also recognized as undesirable in the Russian Federation.
Soros, a Hungarian-American businessman and philanthropist, had a net worth of US$8.6 billion as of March 2021. He has donated over $32 billion to Open Society Foundations, or 64% of his initial wealth. Forbes named Soros the “most generous donor” (as a percentage of net worth).
Soros’ vast funding of “velvet” revolutions has made him an opponent of many European politicians. He has also funded US protests against Donald Trump and bankrolled the campaign of District Attorney Alvin Bragg, who recently indicted the former White House chief. In 2018, The New York Times reported that “conspiracy theories about him have become common in nearly every corner of the Republican Party.”
Soros Fund Management, the financier’s hedge fund, has disposed of all of Elon Musk’s Tesla shares acquired since the second quarter of 2022 into 2023, according to regulatory filings released Monday. Soros sold his entire stake in the company, which was valued at $16.27 million, in the first quarter of this year.
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