Who was it that helped BBC TV design the reality tv series ‘Million Dollar Traders’ in 2008? It was Raoul Pal. Pal has been the talk of the town for almost 2 years. But why? Who is he? That is what we will reveal today if you are new in the world of Cryptocurrency. Raoul Pal is a businessman, financial and investment strategies who has spent most of his days researching Bitcoins. Not only bitcoin but cryptocurrencies and the vast digital sector as well. But why must one know about Pal? It is because he was the very few who increased his share of Bitcoin allocation from 25% to 50%.
Even though the pandemic gave rise to the downturn of the economic crisis, Pal managed to reposition his portfolio. For every trader enthused towards digital currency, Pal is the strategist they need to listen to for success. That is why today we will provide you the details on how the man has made himself.
The Early Life of Pal
Raoul Pal is an entrepreneur and an investment strategist. He also tried his hand at being a hedge fund manager. However, his knowledge and experience have been driven by the fact that he has worked in multiple companies. Some of the companies that he worked at are Goldman Sachs, NatWest Markets, to name a few.
Moreover, he started his own company, Global Macro Investor in 2005. Nine years later, he co-founded Real Vision in 2014. But where did his journey begin? Pal was born in the United Kingdom to a Dutch mother and an Indian father. His father had his roots in Punjab, while his mother was from Leeuwarden. Pal had graduated with a degree in Economics and Law from the University of Plymouth in 1990.
The Career That Shaped Him
Raoul Pal has had a prolific career. After he graduated from Plymouth, he started working as a sales executive at Dow Jones Telerate for about a year. However, after that, he joined James Capel & Co in 1991 for the position of senior executive. He worked there until 1995 till he was ready to move on. There he mastered the art of working on European equity derivatives.
He then took the role of director of NatWest Markets. Also, here he mastered understanding equity derivatives from 1995 to 1998. In January 1997, he took the role of the head of European Hedge Fund Sales at Goldman Sachs. Moreover, he continued to work there till December 2001. It was at this time when he co-managed the hedge fund sales business on equities.
Moreover, he also looked after the sales in equity derivatives in Europe. After that, he took the job of a portfolio manager at a hedge fund firm called GLG Partners. There he co-managed the GLG Global Macro Fund for GLG Partners. He continued there for three years, from 2001 to 2004. He retired from fund management in 2004 at the age of 36 before starting his own company.
Those Who Dare To Dream Gets It All
After gaining several years of experience by working in dynamic fields in many sectors, he finally took the step to make his dream come true. He founded a macroeconomic and investment strategy research publication. He named it Global Macro Investor. This publication looks forward to giving its members unique insights on the problems in the industry.
Moreover, it aims to improve the framework to help them plan their future. In 2014, Pal co-founded an on-demand financial TV channel, Real Vision. As per Raoul Pal, he created the channel to help traders and investors understand the industry. He said in an interview, “we seek to explain the complex world of finance, business, and the global economy, with in-depth analysis from real experts.”
The channels had hosted many famous entrepreneurs and experts in the market. Such individuals are Kyle Bass, Mike Green, Stanley Druckenmiller, and Kiril Sokoloff, Jim Rogers, etc.
More On His Personal Life:
Pal has been married to an applied behavioral analyst, Anoush Pal. His wife Anoush has founded Cayman ABA. She is also a clinical case manager in the particular child health care center. The center that she founded focuses on enhancing the quality of life for children suffering from ASD. Moreover, her clinic also focuses on helping kids with other developmental delays with her Applied Behavior Analysis therapy.
Net Worth of Raoul Pal
In 2020, Raoul Pal had announced that he would sell all the gold he had and buy Bitcoin and Ethereum in an 8:2 ratio. After he did so, 98% of the liquid Raoul Pal net worth became cryptocurrency. He has been open about his asset allocation on many talk shows. Moreover, he has also given statements about his investment in recent years. However, we still do not know his official net worth. No reliable source has managed to share this detail. However, we will share the net worth as soon as we get to know it.
If you are interested in knowing more about Raoul Pal, then we recommend heading to the official website of Real Vision services. There is also a Real Vision YouTube channel that you can follow.
However, if you want more active and recent information about his activities as well, then do not forget to follow him on social media. He is on Twitter, Facebook, and LinkedIn. You will be able to get precious insights on many matters.