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George Soros hands reins of $25B empire to his son

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Billionaire philanthropist George Soros has turned over control of his $25 billion financial and charitable empire.

He said his son, Alex, "earned it."

The family's wealth has been used to support democracy-building efforts in dozens of countries since the 1990s. George Soros also is one of the largest donors to the Democratic Party.

Read more from BBC News.

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