ICYMI

A Legacy Erased: Happy Birthday, George Soros Part One
Authored by Parker Thayer via CapitalResearch.org Tuesday, Aug 12, 2025

George Soros turns 95 today, and for his birthday present America brought him the annihilation of his legacy.

Soros has been known for two things: making money and spending it on political influence. Over the last few years, he has handed over control of his empire to his son, Alex, and Alex seems unable to do either of those things successfully.

The money
First, Alex ruined his reputation for making money. George was once known as “the man who broke the bank of England,” famous for making $1 billion in one day by sniffing out arbitrage opportunities in currency exchange markets.

Taking control of Soros Fund Management, Alex became the man who broke the bank of Soros. In December 2021, Alex invested $2 billion to buy nearly 20 million shares of an electric vehicle company called Rivian at somewhere between $70 and $100 per share. It was one of the largest one-off investments the fund had ever made.

A year later, Rivan shares were selling for just $18 and Soros Fund Management sold at a loss of what must have been more than $1 billion. HedgeFollow, a website that tracks and ranks U.S. hedge fund performances, currently gives Soros Fund Management a performance rating of 1 out of 5 stars, making it one of the least successful in the country.

The politics