Billionaire hedge fund manager George Soros has been the target of controversy recently after a recent move to become a controlling shareholder in the second-largest owner of radio stations in the U.S.
This isn't the first media brand Soros has bought a substantial stake in, but it worries some people going into the 2024 election. Last year, Soros bought a substantial stake in Vice Media Group.
Vice was once worth nearly $6 billion, but Soros bought a stake in the company for pennies on the dollar following its surprise bankruptcy in 2023. The deal valued Vice at roughly $350 million with Soros owning an undisclosed stake in the company.
