Early Life and Career

Born on October 22, 1930, in Czechoslovakia, Frank Lowy is a prominent Australian businessman and philanthropist. Lowy survived the Holocaust and immigrated to Australia in 1952. He started his career as a delivery boy for a small goods store and later went on to establish Westfield Corporation, one of the largest shopping center operators in the world.

Westfield Corporation

Lowy co-founded Westfield Corporation in 1960 with John Saunders. The company quickly expanded and became a global leader in the shopping center industry. Under Lowy's leadership, Westfield grew to own and operate more than 100 shopping centers in Australia, New Zealand, the United States, and Europe.

Achievements

Lowy's vision and strategic decisions have played a significant role in Westfield's success. He is credited with transforming the shopping center experience by introducing entertainment options, dining venues, and luxury retailers. His innovative approach to retail development has earned him numerous accolades and awards.

Philanthropy

In addition to his business success, Lowy is known for his philanthropic efforts. He has donated millions of dollars to various causes, including healthcare, education, and cultural initiatives. Lowy is also a founding member of the Lowy Institute for International Policy, a think tank that focuses on global issues.

Net Worth

As of 2024, Frank Lowy's net worth is estimated to be around $5 billion. His wealth comes from his stake in Westfield Corporation and other investments. Despite his financial success, Lowy remains committed to giving back to society through his philanthropic endeavors.

Personal Life

Frank Lowy is married with three children. He is known for his strong work ethic, integrity, and commitment to excellence. In his spare time, Lowy enjoys playing tennis and spending time with his family.

Legacy

Frank Lowy's legacy as a pioneering businessman and philanthropist will continue to inspire future generations. His contributions to the retail industry and charitable causes have left a lasting impact on society.