The article examines the personality and life-story of Muhammad Yunus (born 1940), a Bangladeshi social entrepreneur, banker, economist, and civil society leader who was awarded the Nobel Peace Prize for founding the Grameen Bank and pioneering the concepts of microcredit and microfinance. These loans are given to entrepreneurs too poor to qualify for traditional bank loans. In 2006, Yunus and the Grameen Bank were jointly awarded the Nobel Peace Prize for their efforts through microcredit to create economic and social development from below. The Norwegian Nobel Committee said that «lasting peace cannot be achieved unless large population groups find ways in which to break out of poverty.» Yunus and his Grameen Bank have shown that even the poorest of the poor can work to bring about their own development. In 2011, Yunus founded “Yunus Social Business - Global Initiatives” (YSB) which creates and empowers social businesses to address and solve social problems around the world. As the international implementation arm for Yunus’ vision of a new, humane capitalism, YSB manages incubator funds for social businesses in developing countries and provides advisory services to companies, governments, foundations and NGOs. In Bangladesh the government of Prime Minister Sheikh Hasina waged a destructive campaign against Grameen Bank and its founder, Muhammad Yunus. In March 2011, the Bangladesh government fired Yunus from his position at Grameen Bank, citing legal violations and an age limit on his position. During three decades of his work Yunus has become a well-known international figure. He is one of the most followed and cited businessman and economist worldwide.