Frank Hasenfratz’s profile picture

Frank Hasenfratz

Frank Hasenfratz’s profile picture
Net worth 2018: $1.14 Billion
Industry: Automotive
Residence: Guelph, Canada
Country: Canada
BirthDay: 1935
Children: 2
BIOGRAPHY

Frank Hasenfratz was bornon 1935 in Guelph, Canada, Canada. Frank Hasenfratz founded Canadian auto parts manufacturer Linamar in 1966. A Hungarian refugee, he fled his native country after the Soviet Union invaded in 1956. Hasenfratz attended trade and engineering schools while working as a toolmaker. He started Linamar in his basement in 1964 and named it after his two daughters, Linda and Nancy, and wife, Margaret. Today Linamar is one of Canada's largest auto parts makers, employing 19,000 across 45 plants. Hasenfratz remains its chairman while daughter Linda runs the Ontario-based company.

NET WORTH STATISTIC
2015

$1 Billion

2018

$1.14 Billion

TIMELINE
1964

He started a one-man machine shop in his basement in 1964, and then incorporated in 1966 under the name Linamar after his two daughters Linda (current Linamar CEO), Nancy and his wife Margaret

1957

He left Hungary in May 1957 and arrived in Quebec City after the failed Hungarian Revolution of 1956

(4.2/162 votes)
Related Person
Wang Jianfeng’s profile picture
Wang Jianfeng
Net Worth is $1.55 Billion
Frank Stronach’s profile picture
Frank Stronach
Net Worth is $1.51 Billion
Wang Muqing & family’s profile picture
Wang Muqing & family
Net Worth is $1.46 Billion
Martha Ford’s profile picture
Martha Ford
Net Worth is $1.46 Billion
Vladimir Scherbakov’s profile picture
Vladimir Scherbakov
Net Worth is $1.4 Billion
Herb Chambers’s profile picture
Herb Chambers
Net Worth is $1.4 Billion