Josh Baazov
Director in Montreal
Josh Baazov was born in the small town of Gori, in the center of Georgia. His father was an electrician by training, but in those years he was engaged in the flour trade.
In 1962, the Baaz family was forced to leave Gori in search of a better life. Joseph Baazov and his wife Sarah chose the port city of Haifa in northern Israel for the move. During this period, Josh had a sister and three brothers. Since the family was constantly suffering from poverty, his father looked for different ways to earn money and joined the Orthodox community. After he enlisted their support, the family again changed their place of residence and, with the money allocated by the Orthodox community, emigrated to Canada, to Montreal. This takes place in the 1980s.
Already during this period, grandiose ambitions arise in his mind. He goes to college and got the education of an electrician just like his father. But already during these years, he had the first ideas related to investment.
He learned his first investment lesson this year. Taking all of his $23 savings, he bought several shares of Cities Service Preferred, hoping he could earn much more. But the stock was falling in value and Josh sold it at the earliest opportunity. He waited until the value of the shares leveled off and sold them, getting back exactly as much as he had invested. He later regretted it a lot, because the stock had gone up fivefold. After this incident, the millionaire began to listen to his inner heads, which helped him become who he is now.
The next investment was a small company in electrical equipment and wires. Josh Baazov bought only 5% of the shares, but after their growth in 1996, he could open his first company - Kazbek International.
Born and raised in poverty, Josh Baazov grew up from childhood as an ambitious guy who was constantly chasing money and a luxurious life. This gave him the incentive to develop and implement even the most incredible ideas.