Dan Voiculescu - Early Life

Early Life

Voiculescu was born in Bucharest, in a family of modest means, who lived in the Bariera Vergului neighborhood. For his secondary studies, he went to the Emil Racoviţă High School. Starting in 1969, he studied at the Academy of Economic Studies (ASE) in Bucharest, obtaining a B.A. in 1974, and a Ph.D in 1977. In 1991, he obtained a Ph.D. in economics from the (unaccredited at the time) Pacific Western University, in Los Angeles, California, and became a professor at ASE.

According to the autobiography published on the official website, he was born in a modest family, his father being a plumber and his mother a housewife. He grew up in the Bucharest neighborhood of Bariera Vergului, near the 23 August skating rink, where he practiced ice hockey. In 1969 he fulfilled the military service in a military unit in Focsani.

Before the 1989 revolution, he lived in a state rental house and drove a Dacia purchased in installments. Working in the foreign trade, of his allowance of $7 per day, he was able – according to the same autobiography - to gather over 21 years, 30 thousand dollars, which he deposited to BRCE and have been the starting capital of the GRIVCO group.

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