Frank Lowy’s profile picture

Frank Lowy

Frank Lowy’s profile picture
Net worth 2018: $5.89 Billion
Industry: Real Estate
Residence: Sydney, Australia
Country: Australia
BirthDay: 22 October 1930
Sigh: Scorpio
Children: 3
BIOGRAPHY

Frank Lowy was bornon 22 October 1930 in Sydney, Australia, Australia. Frank Lowy is #308 in List Billionaires People In The World. Sir Frank Lowy is the chairman of Westfield Corp., which owns malls in the U.S. and the U.K. A Holocaust survivor, Lowy opened his first shopping center in western Sydney in 1959, co-founding a major mall business. In 2014 Westfield was split from the Australian mall business, with Westfield taking the U.S. and European businesses, and the Australian and New Zealand mall assets going into Scentre Group, in which the Lowys hold a 4.5% stake. Sons Steven and Peter are joint chief executives of Westfield.

NET WORTH STATISTIC
2009

$2.7 Billion

2010

$3.6 Billion

2011

$4.4 Billion

2012

$4.4 Billion

2013

$5.3 Billion

2014

$4.7 Billion

2015

$4.9 Billion

2016

$5.1 Billion

2017

$5.6 Billion

2018

$5.89 Billion

TIMELINE
2017

He was knighted in the 2017 Queen's Birthday Honours (UK) for services to business and philanthropy

2015

In May 2015 he underwent surgery to resolve a complication that had arisen from the fall

2013

In April 2013, Frank Lowy attended the March of the Living, where he shared the story of how his father, Hugo Lowy, perished during the Holocaust, with thousands of young students from around the world who had gathered in Auschwitz-Birkenau to observe Holocaust Remembrance Day (Yom HaShoah)

2010

In 2010, Lowy and his family donated A$10 million to facilitate the construction of the UNSW Lowy Cancer Research Centre, a collaborative centre of the Children’s Cancer Institute Australia and the Faculty of Medicine at the University of New South Wales

2008

In 2008 Lowy was honoured by Australia Post for his contribution to philanthropy as one of the nation's five leading, living philanthropists with a commemorative postage stamp that was released on the eve of Australia Day as part of the Australian Legends series

2007

On 2 October 2007 Lowy received the Henni Friedlander Award for the Common Good at Bowdoin College in Brunswick, Maine, United States

2005

The establishment of the Lowy Institute led him to being awarded the Woodrow Wilson Award for Corporate Citizenship in 2005 by the Woodrow Wilson International Center for Scholars

2003

In April 2003 to mark the 50th anniversary of his arrival in Australia, Lowy established the Lowy Institute for International Policy, an independent international policy think tank devoted to foreign affairs, and Australia's role in the world

2002

Awarded the title of Australia’s leading philanthropist by peak body, Philanthropy Australia, with donations in 2002 of A$10 million,

2000

In 2000, he was appointed a Companion of the Order of Australia for his service to the community through the development of the property industry and expansion of the retail sector in Australia and internationally, and as philanthropist committed to support of wide-ranging social and cultural endeavours

1995

Lowy was appointed a Director of the Reserve Bank of Australia in 1995, and was reappointed in 2000 and 2003, concluding his term in 2005

1990

In the 1990s Lowy took the company to New Zealand, then the United Kingdom in the 2000s

1987

Saunders sold his interests and left the company in 1987

1983

Lowy has appeared on the Financial Review Rich List, formerly the BRW Rich 200 list, every year since it was first published in 1983

1977

Over the next 30 years, Lowy and Saunders developed shopping centres across Australia and the United States (from 1977); and listed the company on the Australian Stock Exchange in 1960 as Westfield Development Corporation

1952

In 1952, Lowy left Israel and joined his family, who had left Europe for Australia and started a business delivering small goods

1948

Lowy joined the Haganah, and then the Golani Brigade, and fought in the 1948 Arab–Israeli War in the Galilee and Gaza

1946

He made his way to France in 1946, where he boarded the ship Yagur, heading for Mandatory Palestine

1930

Lowy, AC (born 22 October 1930) is a Czechoslovak-born Australian-Israeli businessman and the former long-time Chairman of Westfield Corporation, a global shopping centre company with US$29

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