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

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

Robert Soros has been working for his dad for the last 23 years and, if you take it from Pater, he’s done an “outstanding” job. Trouble is, helping run a diversified family office in the current environment is, well, kinda boring. And stifling.


“As opposed to the past when everything was under one umbrella and under the strong force of the patriarch, Soros Fund Management will now transition to a model that provides customized solutions for the different needs of the Soros family and the Soros foundation clients,” Robert said in a telephone interview.

And the needs of this one particular member of the Soros family is for some excitement. So he’s striking out on his own, kinda.

He’ll create a unit called Soros Capital, which will tend toward illiquid investments including venture capital….

In his own portfolio, Robert will focus on long-term holdings because he has the luxury of pursuing investments that take a while to play out. He recently hired one person to work with him and may add one or two more.

Robert Soros Is Stepping Down as President of Soros Family Office [Bloomberg]


Eliot Spitzer Has Finally Become His Father

Well, a slightly more sexual version of his dad.


Soros Boys Back In The Family Business

Jon and Rob are seeding hedge funds. Who wants some money with a pedigree?


92-Year-Old Man Determined 97-Year-Old Law Shall Not Outlive Him

As far as Hank Greenberg is concerned, Assemblyman Louis M. Martin was a lot like Hitler and Kim Il-sung, but worse.