[2][3] He studied law at the University of Budapest and Leipzig, where he obtained a doctorate.
In 1884, he was elected to the National Economics Committee of the Hungarian Academy of Sciences.
He then took over the editorship of the Railway and Transport Gazette and drafted the law on the reorganization of the capital's district magistrates.
From this position he was appointed Mayor of Budapest on 15 February 1913, He resigned his seat as a member of the Budapest Parliament and was appointed by the King as a member of the House of Lords.
He was active in literature, penning economic studies, editing memoirs, and drafting laws.