László Szombatfalvy
(1927-)
Hungarian businessman
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László Szombatfalvy (born 1927 in Budapest, Hungary) is a businessman and author living in Stockholm, Sweden. Szombatfalvy fled to Sweden in 1956 following the Hungarian uprising of that year. He arrived with two empty hands and worked initially in a variety of jobs including as a magician in the refugee camps, before gradually becoming interested in the stock market. His interest in stock led to his development of a method of risk calculation for investments for which he became well known on the Swedish stock market. In the late 1980s his interests turned toward entirely different matters and he withdrew from the market. Over the past couple of years his attention has focused on the application of his risk assessment method to new fields.
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1927 (age 98) Budapest, Hungary
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