Posts Tagged ‘Thomas Peterffy’

Thomas Peterffy: Avoid socialism

Saturday, October 13th, 2012

Rich, worried and buying ad time

The one-minute spot, which began airing Wednesday and will continue through Election Day, has no mention of any specific politician or lawmaker. It’s simply a plea for an end to what he sees as growing hostility to personal success – and to vote Republican.

“America’s wealth comes from the efforts of people striving for success. Take away their incentive with badmouthing success and you take away the wealth that helps us take care of the needy,” he says in the commercial.

Peterffy was born in Budapest in 1944 during the deadly Soviet offensive that ended in the capture of Hungary’s capital the following year. From then, the republic remained under communist control until it gained independence in 1989.

The new ad features images of Peterffy as a child in Hungary and the impoverished conditions in his native country.

“As a young boy, I was fantasizing about one day going to America, making a success of myself. The American Dream,” he says.

Peterffy left his country and moved to New York in 1965, where-without knowing English–he got a computer programming job on Wall Street. He later purchased his own seat on the American Stock Exchange in 1977 and, fast forward a few years, found himself the creator of Interactive Brokers, one of the first electronic trading firms.

Forbes Magazine now estimates Peterffy, 68, has a net worth of $4.6 billion.

Via Ace, who quotes a commenter who wants Peterffy to “go study social sciences.”

As Ron White said, you can’t fix stupid.

UPDATE,
linked by Phineas. Thanks!