Billionaire financier and political activist George Soros told The Wall Street Journal that he had ceded control of his $25 billion empire to his son, Alex Soros, who suggested he’d be even more politically engaged than his father.

George Soros, 92, told The Wall Street Journal that he had handed the reins of his Open Society Foundations (OSF) to his 37-year-old son.

The Democrat megadonor told the outlet that he initially didn’t want to cede control of the foundation to any member of his family “as a matter of principle.”

George Soros added, however, that he and his son “think alike” and that he’s taking over at the helm of the foundation because “he’s earned it.”