Lawrence Stroll
Lawrence Sheldon Strulovitch, best known as Lawrence Stroll, is a Canadian billionaire businessman, part-owner of the Racing Point Formula 1 team and collector of vintage Ferraris. According to Forbes, he has a net worth of US$2.6 billion, as of February 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.
