Portrait of Lawrence Stroll

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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