Rank #1148
Lawrence Stroll
Net worth $3.8B
Fashion investments · Canada
- Born
- Jul 11, 1959
- Age
- 66
- Source
- Fashion investments
- Residence
- Geneva
- Citizenship
- Canada
- Marital status
- Married
- Children
- 2
- Education
Net worth over time
Biography
- Lawrence Stroll masterminded Michael Kors' hugely successful IPO in 2011 with business partner Silas Chou, a Hong Kong fashion tycoon.
- The bulk of Stroll's fortune comes from selling his shares in the American fashion brand; he sold the last of his stake in 2014.
- In Aug. 2018, Stroll led a group of investors to buy Formula One racing team Force India for £90 million plus assumption of £15 million in debt.
- After leading a $235.6 million (£182 million) investment in Aston Martin in early 2020, Stroll became executive chairman of the car company.
- As part of the deal, Stroll's Formula One team, Racing Point, was rebranded as the Aston Martin Team, marking the brand's return to Formula One after 60 years.
- His 23-year-old son, Lance Stroll--one of the youngest members to compete in Formula One--drives for Aston Martin.
- Stroll collects vintage Ferraris, one of which he purchased for a record-breaking $27.5 million in 2013.
- Stroll's real last name, which appeared on documents to buy Force India, is Strulovitch.
Financial assets
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