Paul Mampilly Moves from Poverty to Wealth Management
The success of Paul Mampilly has not been an easy task. It has involved a lot of hard work and endurance for him to get to the high heights that he is. To begin with, his background had been characterized by humility and poverty. His father was a peasant worker and never made enough money to cater for the family’s needs and educate his children. Paul Mampilly and his sister started a very hopeless life, which no one could ever think that the two could ever make it in life. Due to the persistence of the financial struggles, Mampilly’s father moved to Bombay, where he worked as a casual laborer. Life never changed with the movement as his father had anticipated.
In 1974, Paul Mampilly and his entire family were relocated by his father and started a new life in Dubai. Some years earlier, specifically in 1966, Dubai had discovered the existence of oil under their soil. Therefore, the country had just begun oil mining and exportation. With this in place, the life in Dubai was more conducive for beginners to establish themselves and earn a fair living. Mampilly’s father was lucky to land on employment that gave him a very lucrative income that enabled him to save for Paul Mampilly’s kids’ education. They both joined and completed college; something that no one could believe was possible, not even Paul Mampilly himself.
Paul’s college life was between 1986 and 1991. After he completed his undergraduate, Paul Mampilly was lucky to find a well-paying job at the Wall Street, where he worked for the Bankers Trust Company as a portfolio assistant manager. A few years after joining the company, Bankers Trust was acquired by Deutsche Bank. This resulted in the transition of Mampilly from his position to work for the new bank as a research assistant. This was the most informative position that Paul ever landed. He got to learn a lot about the key steps necessary in making investment decisions. Paul later moved to become a senior management research analyst at the ING, before being recruited as the senior portfolio manager at the Kinetics Asset Management.