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It’s no secret that billionaire George Soros is a major political player – as he funds liberal and progressive officials nationwide. But now his empire is going to the hands of his son, who says he’s “more political.”

Soros told the Wall Street Journal that his succession plan included giving his $25 billion empire to his 37-year old son, Alexander Soros, saying “he’s earned it.” It’s a reversal for Soros, who previously said he didn’t want to hand over the business to one of his kids. And Alexander himself once said he was ashamed of his family’s wealth. The transfer of power comes as Alexander is set to weigh in heavily on the 2024 elections.

The New York Post reports Alexander recently met with top Democratic leaders from the Biden administration, as well as Senate Majority Leader Chuck Schumer.