Paul Mampilly has made his name in the investment world. He is among the big names in Wall Street whose advice is being sorted for by people who want to make a fortune in the investment markets. Born in India, the mogul moved to the US in a bid to look for better pastures. His mother died when he was very young, and he had to be brought by his dad. Paul Mampilly was born in an impoverished village, and he was very determined to change this scenario. Out of sheer determination, he was able to go through challenges with minimal support from his dad. Even though his dad got a job in Bombay, his earnings were not enough to cater for the expenses of the family. His father has to go to Dubai to make money meant to support his family. It is the determination of his dad which made him approach life with the sole purpose of wanting to succeed.
Paul Mampilly got a job at Bankers Trust. He gained a lot of first-hand experience on how to handle big money. He was a very hardworking and focused employee who quickly rose through the ranks. Later he joined Deutsche Bank and ING, where he occupied very senior positions. While working at these institutions, he held senior positions which made him work with who is who in Wall Street. What is more, such positions gave him an opportunity to enhance his knowledge of investing. It was the beginning of a journey in the world of big business.
A hedge fund by the name Kinetics Asset Management requested him to step in and run it. He agreed and joined the firm as its executive in the year 2006. There, Paul Mampilly was in charge of managing $6 billion. It was another chance to prove his shrewdness in business. He grew the firm’s asset base to more than $25 billion. It probably ranks as one of his most significant achievements in life. He managed to give the owners of these funds a yearly return of more than 26%.
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