S ir Frank Lowy is an Australian-Israeli billionaire who is a towering figure in the global retail real estate industry. A Holocaust survivor born in what was then Czechoslovakia, he immigrated to Australia and, in 1959, co-founded the Westfield Group with his business partner, John Saunders. They started with a single shopping center in the suburbs of Sydney and built it into one of the world's largest and most successful shopping mall empires.
For decades, Lowy was the chairman of Westfield, guiding its expansion across Australia, New Zealand, the United States, and the United Kingdom. The Westfield brand became synonymous with high-end, destination shopping centers. In 2018, in a landmark deal, he sold the bulk of his shopping mall empire to the French property giant Unibail-Rodamco for nearly $25 billion. He is also a major figure in Australian public life, having been a leader in the soccer federation and a prominent philanthropist. He now manages his family's wealth through their private investment firm, the Lowy Family Group.
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