Lawrence Stroll
Geneva, Switzerland
Canada
fashion investments, Self Made
$2,600,000,000
877
#877 Billionaires 2019
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.His 20-year-old son, Lance Stroll, one of the youngest members to compete in Formula One, is joining Force India in 2019.Stroll collects vintage Ferraris, one of which he purchased for a record-breaking $27.5 million in 2013.Stroll spent $200 million on his new yacht Faith. Tommy Hilfiger, the designer in whom he invested in the 1990s, bought his earlier yacht, also Faith.
In 2014 he bought a full-floor unit in One57, known as "the billionaire building," in Manhattan for $55.5 million. He sold it for $53.9 million in 2018.Stroll's real last name, which appeared on documents to buy Force India, is Strulovitch.
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