Category:
Richest BusinessRichest Billionaires
Net Worth:
$1.2 Billion
Birthdate:
Sep 6, 1932 (92 years old)
Birthplace:
Gutenberg an der Raabklamm
Gender:
Male
Profession:
Entrepreneur, Businessperson
Nationality:
Canada

What is Frank Stronach's Net Worth?

Frank Stronach is an Austrian and Canadian businessman and politician who has a net worth of $1.2 billion. Frank Stronach is the founder of automotive parts maker Magna International, real estate operator Granite Real Estate, as well as gambling and horse racing company Stronach Group. Even though Magna is one of the largest automotive part suppliers in the world today with nearly $30 billion in sales, he decided to divest himself from almost all equity in the company in order to turn his professional career to European politics.

It was in 2011 that the Austrian-born Stronach revealed his plans to enter politics and the same year he formed the Stronach Institute that lead a campaign for classical liberalism and against the Euro. In 2012, he set up the political party Team Stronach for Austria, which has gained attraction in the country and has been holding five seats in parliament as of November 2012. Horse racing being one of Stronach's greatest passions; he owns several racetracks via his Stronach Group and he is a successful horse breeder as well.

All net worths are calculated using data drawn from public sources. When provided, we also incorporate private tips and feedback received from the celebrities or their representatives. While we work diligently to ensure that our numbers are as accurate as possible, unless otherwise indicated they are only estimates. We welcome all corrections and feedback using the button below.
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