Is Frank Lowy a millionaire?

Short Presentation

Frank Lowy is an Australian-Israeli businessman and philanthropist, best known as the co-founder of the Westfield Group, one of the world's largest shopping center companies. His journey from a Holocaust survivor to a billionaire entrepreneur is inspirational and noteworthy.

Early Life

Frank Lowy was born on October 22, 1930, in Fiľakovo, Czechoslovakia. During World War II, his family fled to Hungary to escape the Nazis. After the war, Lowy immigrated to Israel, where he fought in the Arab-Israeli War before eventually moving to Australia in 1952.

Personal Life

Frank Lowy married Shirley Lowy in 1954, and they have three sons. The family is known for their philanthropic efforts, particularly in the fields of medical research, education, and Jewish causes. Lowy became an Australian citizen and has maintained close ties to both Australia and Israel.

Professional Life

In 1959, Frank Lowy co-founded the Westfield Group with John Saunders. Under his leadership, the company expanded globally, becoming one of the largest retail property groups in the world. Lowy served as the Executive Chairman of Westfield until his retirement in 2011. His business acumen earned him a reputation as a titan of the retail industry.

What Are Frank Lowy's Notable Achievements?

Frank Lowy has been honored with numerous awards, including being named a Companion of the Order of Australia and receiving the Woodrow Wilson Award for Corporate Citizenship. His contributions to business, philanthropy, and society at large have been widely recognized.

Has Frank Lowy Been Involved in Any Scandals?

Frank Lowy has generally maintained a positive public image, although he has faced some controversies, particularly related to corporate tax practices and business dealings. However, these issues have not significantly overshadowed his professional accomplishments and philanthropic contributions