12 Reasons Billionaire George Soros Is Investing In Africa

Written by Keren Mikva

He set up the Soros Fund in 1969

Nearly two decades after getting his start in finance, Soros set up his own hedge fund, Soros Fund Management, in 1969. Decades later, it remains one of the most profitable in the industry, averaging a 20 percent n annual rate of return. Soros Fund Management is chief advisor for the Quantum Group of Funds, which focuses on international investments, and as of 2011, manages only Soros family money after returning all outside investors’ money to conform with the Dodd-Frank reform act.