Dad Grants 41 Year-Old Son Permission To Manage His Own Finances

Author:
Updated:
Original:

Jonathan Soros, who stepped down in September from day-to-day management of Soros Fund Management LLC, plans to hire at least one of his father's key employees, say two people familiar with the situation. The two sources said Soros' son intends to set-up his own family office - something the Soros Fund converted to last year - with the help of David Kulsar, currently chief risk officer for the Soros Fund. "Jonathan wants to manage some of his own money so the (Soros Fund) family office has made that accommodation for him," said a source familiar with the situation but who was not authorized to discuss the matter. [Reuters]

Related

(Getty Images)

George Soros Decides To Let Other People Fritter His Fortune Away

Though let's be real, he's still gonna call the shots.

SorosTight

53-Year-Old Man Finally Leaving Father’s Nest

Robert Soros is inching away from the patriarch. And we do mean inching.

George Soros Horrified As Son Washes Years Of Bumpin & Grinding Lessons Down The Toilet

It's almost as though George taught him nothing re: women which you KNOW is not the case.

Hal2000.SAC

Hedge Fund Manager Engineering His Own Obsolescence

Muhammed Yesilhark is this close to turning things over to 40 electronic versions of himself.