Lawrence Stroll, born July 11, 1959, is a prominent Canadian billionaire and businessman. He currently serves as the executive chairman and part-owner of Aston Martin and the owner of the Aston Martin F1 Team. With a net worth of $3.2 billion as of 2023, as reported by celebritynetworth, he has proved himself as one of the wealthiest individuals in the business world.
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Early Life
Lawrence Stroll was born into a Jewish family in Montreal, Quebec. His father, Leo Strulovitch, was a fashion importer. Unfortunately, not much information is known about his education.
Career
Lawrence Stroll, a Canadian billionaire businessman, was born in Montreal, Quebec, to a Jewish family. His father, Leo Strulovitch, was a fashion importer who brought Pierre Cardin’s fashionwear and Ralph Lauren clothing to Canada. Following in his father’s footsteps, Stroll took the Ralph Lauren brand to Europe.
Stroll’s success in the fashion industry resumed when he and Hong Kong investor Silas Chou invested in apparel designers Tommy Hilfiger and Michael Kors.
The pair played a significant role in the growth of these brands to the global majority. Stroll’s company, Sportswear Holdings, traded the last of its stake in these businesses in 2014. During the 2000s, Chou and Stroll also supported Asprey & Garrard.
Stroll Also Has A Passion For Racing
Aside from his fashion endeavors, Stroll also has a passion for racing. From 2000 until August 2022, he owned a Canadian race car circuit, Circuit Mont-Tremblant, in Quebec’s Laurentian Mountains.
In August 2018, Lawrence Stroll spearheaded a consortium of investors in acquiring the Force India Formula One team, later renamed Racing Point Force India.
This marked the team’s official re-entry into the 2018 Formula One season, where they impressively clinched the 7th position in the Constructors’ Championship.
The following year, Racing Point F1 Team emerged again, with Stroll’s son, Lance, racing one of the cars, and the team retained their 7th position in the Constructors’ Championship.
Stroll Led The Yew Tree Investments
In 2020, Stroll led the Yew Tree Investments consortium in investing a whopping £182 million into Aston Martin, thereby acquiring a 16.7% stake in the company.
This investment led to the rebranding the Racing Point F1 Team as the Aston Martin F1 Team in 2021. Furthermore, the team signed legendary racer Fernando Alonso for the 2023 F1 season.
Currently, Stroll serves as the part-owner and executive chairman of Aston Martin and the owner of the Aston Martin F1 Team.
Personal life
Lawrence Stroll is married to Raquel Stroll (née Diniz). Before Raquel, he married Claire-Anne Stroll (née Callens), born in Belgium.
The couple has two children from their marriage: their son Lance Stroll, a Formula One racing driver, and their daughter Chloe Stroll.
Aside from his passion for racing, Stroll is also an avid car collector. His extensive collection mainly comprises Ferraris, ranging from the classic Ferrari 250 GTO to the latest LaFerrari model.
He used to own the Ferrari dealership in Quebec, and his collection also includes other notable car brands such as McLarens and a Ford GT.
