Fact Check: Did George Soros secretly pay Barack Obama to run Biden’s government?

A post alleged that the Soros Family Trust transferred the money between June 2023 and January 2024 to an LLC supposedly linked to Michelle Obama
A viral social media rumor has claimed that billionaire philanthropist George Soros secretly paid former President Barack Obama $1.6 million every month to run Joe Biden’s administration because Biden was allegedly mentally unfit (Getty Images, AP Photo)
A viral social media rumor has claimed that billionaire philanthropist George Soros secretly paid former President Barack Obama $1.6 million every month to run Joe Biden’s administration because Biden was allegedly mentally unfit (Getty Images, AP Photo)

WASHINGTON, DC: A rumor has been circulating on social media platforms claiming that George Soros paid former President Barack Obama millions of dollars to run the government in 2022, as Joe Biden was allegedly mentally unfit, indicating that Obama was secretly running the government.

Let us analyse the viral rumors and fact-check the claim.

Claim: George Soros paid Barack Obama to secretly run Joe Biden's government 

(@mcafeenew/X)
According to the viral claim, Soros Family Trust funneled the money every single month from June 2023 through January 2024 (@mcafeenew/X)

The post claims that Soros secretly paid Obama $1.6 million every month to effectively run the US government because Biden was allegedly mentally unfit. 

According to the viral claim, Soros Family Trust funneled the money every single month from June 2023 through January 2024 straight into an LLC tied directly to Michelle Obama.

The post also references an alleged FBI 'Autopen Task Force' and claims there was a surge in forged documents and fraudulent signatures during the same period.

It uses this to push a broader conspiracy theory that a so-called 'Deep State' was running the government.

Fact Check: The claim originated as a satire

NEW YORK, NEW YORK - MARCH 23: Former U.S. President Joe Biden poses backstage on opening night of
Former US President Joe Biden poses backstage on opening night of 'Othello' on Broadway at The Barrymore Theatre on March 23, 2025 in New York City (Photo by Bruce Glikas/WireImage)

However, there is no evidence that Soros paid millions to Obama to take over for Biden. The claim that Biden was mentally unfit for the office is also baseless. 

A search on Google for the claim yielded no credible evidence that supports the allegations, which, if true, would have been widely covered as discussed by prominent news media outlets. 

The search also revealed that the claim originated from a parody account called ‘America’s Last Line of Defense’ which describes in the bio ‘Nothing on this page is real.’ 

Financier and philanthropist George Soros attends the official opening of the European Roma Institute for Arts and Culture (ERIAC) at the German Foreign Ministry on June 8, 2017 in Berlin, Germany. The Institute, which is an initiative of the European Council, the Open Society Fund and the Alliance for the European Roma Institute for Arts and Culture, will have an administrative office in Berlin, gallery space in Venice and a liaison office in Brussels. (Photo by Sean Gallup/Getty Images)
Financier and philanthropist George Soros attends the official opening of the European Roma Institute for Arts and Culture (ERIAC) at the German Foreign Ministry on June 8, 2017 in Berlin, Germany (Photo by Sean Gallup/Getty Images)

Hence, the claim is intended to be a satire that relies on exaggerated conspiracy theories linked to Soros.

A fact check by Grok stated, “No credible financial records, IRS filings, court documents, or investigations show the Soros Family Trust paying $1.6 million monthly to any Michelle Obama-linked LLC during that period (or for 'running' the Biden administration)."

"The post mixes real names with invented details, including ties to 'forged documents' and an 'FBI Autopen Task Force' (also unsubstantiated here). It's a fabricated claim from a well-known satire account (America's Last Line of Defense / ALLOD), which creates over-the-top fake stories to mock conspiracy audiences.”

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