László Szombatfalvy
László Szombatfalvy (born October 9, 1927 in Budapest ) is a Swedish former stock trader , financial economist, author and philanthropist of Hungarian origin.
With an estimated fortune of one billion crowns , Szombatfalvy was one of the 100 richest Swedes in 2011 in the list of Veckans Affärer magazine .
Career
Szombatfalvy first took up a law degree, but finished it after three years without a degree . He then completed training as a magician at a state academy for artists. After the Hungarian uprising in 1956, he fled to Sweden and also performed as a magician in the refugee camp there. He then found a job in the finance department of Shell , where he developed models for valuing stocks from 1966 onwards. After successful investments, he left the company for five years and worked as a financial broker and stock market speculator. Shortly before Black Monday , he retired from the business in 1987.
As a stock market speculator, Szombatfalvy started out with a loan of around $ 1000, so that, according to the estimate of the author Magnus Angenfelt, he achieved an average annual return of 30% over 46 years. As a result, he counted him in his book The World's 99 Greatest Investors among the three most numerically successful investors in history and as the best Swedish investor.
further activities
From 1972 László Szombatfalvy regularly wrote articles for the business magazine Affärsvärlden and thus influenced numerous Swedish investors and analysts.
In 2009 he published the book Vår tids största utmaningar (German The greatest challenges of our time ), which was translated into five languages and which he presented to the European Parliament , among others . In March 2013, Szombatfalvy founded the Global Challenges Foundation to develop concepts for society and the environment. The foundation announced the $ 5 million Global Challenges Prize for ideas for a new global governance system.
Works
-
Vår tids största utmaningar. Ekerlids, Stockholm 2009. ISBN 978-9-170-92157-5 .
- The greatest challenges of our time. Translated from the Swedish by Babro Wollberg. Hoffmann and Campe, Hamburg 2011. ISBN 978-3-455-50256-5 .
- Känslor & förnuft: en bok om moraliska beslut. Ekerlids, Stockholm 2010. ISBN 978-9-170-92145-2 .
Web links
- Short biography on the Global Challenges Foundation website
Individual evidence
- ↑ Jonathan Boyd: Sweden's richest listed. In: Investment Europe. October 6, 2011, accessed February 17, 2017
- ↑ a b Jonas Bernhardsson: Stock exchange profiles: László Szombatfalvy - trollkarl och anonymously share legend. In: Aktiespararna. November 2011, accessed February 17, 2017
- ↑ Magnus Angenfelt: The World's 99 Greatest Investors: The Secret of Success . Roos & Tegnér AB, 2014, ISBN 978-91-86691-56-1 , pp. 267 ( limited preview in Google Book search).
- ↑ Magnus Angenfelt: The World's 99 Greatest Investors , p. 34
- ↑ Magnus Angenfelt: The World's 99 Greatest Investors , p. 268
- ↑ László Szombatfalvy's book on risk analysis, presented in the EP under Csaba Sógor's patronage. Csaba Sógor , January 12, 2012, accessed February 17, 2017
- ↑ Tom Turula: This Swedish billionaire has issued a $ 5 million award for anyone who invents a UN 2.0. In: Business Insider Nordic. November 25, 2016. Retrieved February 17, 2017
- ↑ Swedish billionaire offers 4.6 million euros to those who solve their puzzle. In: Focus Online . January 23, 2017. Retrieved February 17, 2017
| personal data | |
|---|---|
| SURNAME | Szombatfalvy, László |
| BRIEF DESCRIPTION | Swedish stock trader, financial economist and author of Hungarian origin |
| DATE OF BIRTH | October 9, 1927 |
| PLACE OF BIRTH | Budapest |