Early Life and Education
I was born and raised in Mongolia’s capital city, Ulaanbaatar. My father was a car mechanic and a chauffeur, and my mother worked as an accountant. I am the oldest of three boys, and I was always a curious and ambitious child – always dreaming about my future. I was also very adventurous and loved to read. I dreamed about becoming an astronaut, owning a nice car, and having a beautiful family. Now when I look back – apart from flying through space, of course – I think I have gone above and beyond what I dreamed as a kid.
In the early 1990s, when I was about 17 years-old, my family got into the export/import business. This meant they would buy goods from China or Singapore to sell in Mongolia, or sell Chinese goods in Russia. The business allowed them to make more money, and save for the future.
After graduating high school, I told my mom that I wasn’t going to apply to any universities. I was young, felt that I was done with learning, and knew enough about life that I didn’t need a university degree. I wasn’t interested in a career in finance, but it’s not because I never thought about money – quite the contrary. We didn’t have a lot of money when I was a child, so I always thought about it. Since I didn’t plan to go to university, my mom thought I could work at the Mongolian Stock Exchange. I got the job, and started making double what my parents made. The money was great, but after one year, I realized my heart wasn’t in it. I wanted to join my family’s trading business, so I got involved in moving goods between China and Russia. We started to earn even more money, and one day while visiting Hungary, I decided I wanted to stay and attend university there. By that time, I was 19 years-old and my family could afford to send me to the prestigious Corvinus University.