Soros said economic turmoil in the developed world is prompting him to turn to Africa, a region he called a "very attractive area to invest in," adding he is "very much engaged" there.
Soros is chairman of Soros Fund Management LLC, which has about $28 billion in assets. He is best known for reportedly making $1 billion in 1992 on a successful bet that the U.K. would fail to keep the pound in a European exchange-rate system that pre-dated the euro.