Background
His father was the famous internist Frigyes Korányi.
His father was the famous internist Frigyes Korányi.
Korányi Junior. graduated in Budapest and other universities in Europe.
His mother was Malvin Bónis, of Calvinist Hungarian noble descent. He served as the general manager of the National Central Cr Company-operative from 1912. In 1922 he joined to the Unity Party, which controlled Hungary during the Regency.
Between 1923 and 1924 he was the ambassador to France, after his second short ministership he returned to this position.
In 1928 he was appointed to lead of the Banking Centre. After that he served as Minister of Finance again.
Korányi also dealt with literature in his spare time: he wrote plays and novels, for example Hajnalhasadás (Sunrise) - 1900.
Independent Smallholders, Agrarian Workers and Civic Party.
He became a member of the House of Magnates in 1932.