Frank Lowy
Sir Frank P. Lowy, AC is an Australian-Israeli businessman of Jewish Slovakian-Hungarian origins and the former long-time Chairman of Westfield Corporation, a global shopping centre company with US$29.3 billion of assets under management in the United States, United Kingdom and Europe.
- An era ended in June 2018 when Lowy sold his Westfield Corp. to a Franco-Dutch group in a $16 billion deal that was Australia’s largest takeover.
- A Holocaust survivor, Lowy opened his first shopping center in Sydney in 1959, launching what became one of the world’s largest mall businesses.
- Today the Lowys’ main business is running their family investment house, Lowy Family Group, with offices in New York, Los Angeles and Sydney.
- Sir Frank is a principal of the group, along with his three sons, David, Peter and Steven.
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