George Soros Legacy In Trouble—His Son Is Struggling

George Soros just turned 95, a milestone that would normally mark a legacy cemented in history. Instead, it comes at a time when the global empire he built is showing cracks that can no longer be ignored. The once-feared financier who styled himself as a progressive visionary now faces the reality of watching his fortune and influence shrink under the leadership of his son, Alex. What was supposed to be a seamless transition of power inside the Soros dynasty has quickly become a case study in mismanagement.
Glenn Beck, who has tracked Soros for decades, remarked that the billionaire lived long enough to see his empire begin to collapse. In Beck’s view, Alex has turned out to be the wrong man for the job. Instead of solidifying his father’s global network, he has presided over disastrous decisions and embarrassing financial missteps. One of the most notable failures has been a colossal bet on the electric vehicle maker Rivian. Soros Fund Management purchased nearly 20 million shares at prices between $70 and $100 per share. Within a year, those shares plummeted to just $18, wiping out more than $1 billion. What was touted as a bold green energy play has instead become a symbol of reckless investing.
That failure was compounded by Open Society Foundations, the nonprofit network central to Soros’s activism, slashing 40% of its staff in 2023. Grants were cut, operations restructured, and insiders whispered that the organization was running out of money. Once the financial engine of progressive movements worldwide, the foundations have been reduced to a shadow of their former power. Even HedgeFollow, which tracks hedge fund performance, now gives Soros Fund Management a humiliating one-star rating, ranking it among the worst in the nation.
Alex Soros’s attempts to wield political influence have also backfired. He poured at least $4 million into Stacey Abrams’ failed gubernatorial campaign in Georgia, a race that ended in decisive defeat. The strategy appeared linked to Rivian’s plan to build a factory in the state, but when Abrams lost, the money went down the drain along with the investment.
Meanwhile, prosecutors backed by Soros money—once considered untouchable—are now under fire. More than a dozen district attorneys tied to his network have been removed from office through recalls and scandals. The soft-on-crime policies they pushed, coupled with rising violence in major cities, have fueled a backlash that helped propel Donald Trump back to the White House in 2024.
The irony is striking. Soros once prided himself on shaping debates around crime, immigration, and the economy, but those very issues became central to Trump’s reelection and the rejection of the Soros-backed political order. Now the Trump administration is dismantling what Soros spent decades building. Subsidies for electric vehicles are being slashed, borders tightened, and funding for NGOs pulled. Cities once considered strongholds of Soros’s vision are reversing course, and the influence of his network is diminishing by the day.
For George Soros, who built his reputation as “the man who broke the Bank of England,” the decline of his empire must be a bitter pill. Glenn Beck framed it as poetic justice: while Soros’s son tries to keep the legacy afloat, he is instead sinking it faster with every misstep. Watching a lifetime of political engineering unravel in real time may be the final chapter of Soros’s story—a reminder that no amount of money or influence can shield an empire from collapse when it’s mismanaged.
The Soros dynasty may have dominated global politics for decades, but its foundations are crumbling. The once-powerful empire that moved markets, influenced governments, and funded sweeping social experiments is now plagued by financial blunders, political losses, and growing irrelevance. For a man who thrived on controlling chaos, seeing his own world unravel could be the most punishing legacy of all.