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Economics & Business

Frank Lowy

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Who

Frank Lowy · Economics & Business

What

Co-founded Westfield and built it into a global shopping-centre group with $29bn under management; fought in Israel's 1948 war after surviving the Budapest ghetto

When

22 October 1930, Fiľakovo, Czechoslovakia (now Slovakia)

Where

Slovakia · Israel · Australia · United Kingdom

Biography

Frank Lowy is recognized among Israeli contributors to Economics & Business — Co-founded Westfield and built it into a global shopping-centre group with $29bn under management; fought in Israel's 1948 war after surviving the Budapest ghetto

How & why

Frank Lowy was born to a Slovak-Hungarian Jewish family in 1930, was confined to a ghetto in Hungary as a boy, and lost his father at Auschwitz. He reached Palestine illegally, joined the Haganah and fought with the Golani Brigade in the 1948 war, then joined his family in Australia in 1952 with nothing. From a single suburban shop he built Westfield into a shopping-centre group with $29.3 billion of assets under management across the United States, Britain and Europe. He chaired Australian football's governing body, funds the Lowy Institute for International Policy and Israel's Institute for National Security Studies, and moved to Israel in 2018.

Sources & external links
Contributions & Sources

Co-founded Westfield and built it into a global shopping-centre group with $29bn under management; fought in Israel's 1948 war after surviving the Budapest ghetto

1959

Source: Wikipedia — Frank Lowy