Laszlo Szombatfalvy, founder and history
Global Challenges Foundation was founded in 2012 by Swedish financial analyst and author Laszlo Szombatfalvy (1927-2022).
Laszlo Szombatfalvy’s life
Laszlo Szombatfalvy was born in Budapest in 1927 and began studying law after the end of the second world war. However, he soon changed course and switched to art studies, which at the time was the least politically sensitive branch of education. After becoming a professional illusionist, he fled to Sweden in 1956, the same year as the Hungarian uprising against the Soviet regime.
In Sweden, Szombatfalvy attended business school and began working. He also started to invest in the stock market and became so successful that he decided to become a full-time broker, eventually becoming regarded as one of the world’s most successful private investors.
In 2012, Szombatfalvy donated SEK 500 million to create the Global Challenges Foundation with the aim of increasing knowledge and raising awareness of the most pressing global risks and stimulating discussion on new, better, and more equitable models to manage these threats in the world community. Since then, the Global Challenges Foundation has initiated and supported a number of projects aligned with the mission of the foundation.
Global hunt for best decision making
In 2016, the competition “A New Shape Prize” was launched by the Foundation. It was the world’s largest competition in the social sciences, seeking original proposals for new decision-making structures that could galvanise effective international action to tackle global catastrophic risks.
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A New Shape Prize
A New Shape Prize
Over 2,700 entries from 122 countries were submitted to the competition New Shape Prize. Find the shortlist and the three awarded here.
The Greatest Challenges of Our Time, by Laszlo Szombatfalvy
Szombatfalvy also had a keen interest in societal issues and was the author of several books. In a book titled The Greatest Challenges of Our Time (2009, Ekerlids), Szombatfalvy, assesses the greatest threats to humanity and outlines various opportunities for overcoming them. Available to download in Chinese, English, French, German, Spanish and Swedish.
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The Greatest Challenges of Our Time
The Greatest Challenges of Our Time
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历史上的全球治理模式
历史上的全球治理模式
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Les plus grands défis de notre temps
Les plus grands défis de notre temps
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Die größten Herausforderungen unserer Zeit
Die größten Herausforderungen unserer Zeit
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Los desafíos más grandes de nuestro tiempo
Los desafíos más grandes de nuestro tiempo
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Vår tids största utmaningar
Vår tids största utmaningar