Frank Lowy
Founder at The Lowy Institute For International Policy
Profile
Frank Lowy, AC (born 22 October 1930) is an Australian businessman. He is a co-founder of the Westfield Group, operator of over 100 shopping centres in Australia, New Zealand, the United States and the United Kingdom.
With an assessed net worth of AUD7.16 billion in 2014, Lowy is ranked as the fourth richest Australian according to the BRW magazine; Forbes Asia magazine assessed Lowy's net worth at USD4.6 billion in January 2014. In 2008 Lowy and related interests were mentioned in documents stolen from the LGT Bank of Liechtenstein by a former employee. A subsequent US Senate probe and an Australian Taxation Office audit in which Lowy and his sons, David and Steven, were investigated on their involvement with financial institutions in tax havens located in Liechtenstein and Switzerland. Lowy maintained he had not done anything wrong.
After turning 80 in October 2010, effective May 2011, Lowy officially stood down as Executive Chairman of the Westfield Group, taking on the role of Non-Executive Chairman. Sons, Steven and Peter, became joint chief executives.
Personal life
[Lowy.jpg|thumb|Lowy at the 2013 March of the Living in Auschwitz-Birkenau in front of the cattle car donated in memory of his father]
Lowy is married to Shirley. He has three sons, Peter and Steven, who manage the Westfield business, and David, who manages the family's private investments.
In an Australian television production broadcast in 2010, called Family Confidential, it was revealed that Lowy had kept a secret about his survival in Nazi occupied Hungary. As a 13 year old Jewish boy, Lowy had never known about the loss of his father, Hugo Lowy, who was beaten to death at Auschwitz concentration camp while protecting Hugo's younger acquaintance, Myer Lowy.
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Latest news about Frank Lowy
Frank Lowy active positions
Companies | Position | Start |
---|---|---|
The Lowy Institute For International Policy
The Lowy Institute For International Policy Miscellaneous Commercial ServicesCommercial Services The Lowy Institute for International Policy is a research organization based in Sydney, Australia. The company conducts polls and publish reports on Australian attitudes towards the world, including relations with major powers and the risk of conflict in the region. The Lowy Institute also tracks development projects through an interactive aid map. The private company has a team of experts and nonresident fellows who contribute to their research and analysis. The company is committed to promoting public opinion and informing policy decisions. The company was founded by Frank P. Lowy and focuses on aid and development, as well as research on topics such as diplomacy, defense, and security. | Founder | 2011-01-16 |
RE1 Ltd.
RE1 Ltd. Finance/Rental/LeasingFinance RE1 Ltd. operates as a financing subsidiary/Special purpose entity. The company engages financial activities. RE1 was headquartered in Sydney, Australia. | Chairman | 2014-06-29 |
RE2 Ltd.
RE2 Ltd. Real Estate DevelopmentFinance RE2 Ltd. is engaged to investment in real estate sector. The company is headquartered in Sydney, Australia. | Chairman | 2014-06-29 |
Scentre Management Ltd.
Scentre Management Ltd. Investment ManagersFinance Scentre Management Ltd. operates as an investment advisory firm that engages in the ownership and improvement of shopping centers. The company is headquartered in Sydney, Australia. | Chairman | 1979-01-15 |
Scentre Group Trust 2
Scentre Group Trust 2 Finance/Rental/LeasingFinance Scentre Group Trust 2 engages in the ownership and improvement of shopping centers. The company is headquartered in Sydney, Australia. | Chairman | 2014-06-29 |
United Israel Appeal
United Israel Appeal Miscellaneous Commercial ServicesCommercial Services United Israel Appeal operates as non-profit organization. It is responsible for the allocation and oversight of funds raised by U.S. Jewish Federation campaigns. The organization was founded by Max Freilich in 1948 and is headquartered in Kings Cross, Australia. | Director/Board Member | - |
The Institute for National Security Studies
The Institute for National Security Studies Miscellaneous Commercial ServicesCommercial Services The Institute For National Security Studies focuses on strengthening the the national security of Israel and on securing the future of the country as Jewish and democratic state. Its services include research on the relations between Israel and other countries, on cyber security, energy, water, and infrastructure. The institute was founded in 1975 and is headquartered in Tel Aviv, Israel. | Chairman | - |
Former positions of Frank Lowy
Companies | Position | End |
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WESTFIELD CORP LTD | Founder | 2018-05-31 |
SCENTRE GROUP LTD | Chairman | 2016-05-04 |
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Experiences
Positions held
Connections
1st degree connections
1st degree companies
Male
Female
Members of the board
Executives
Linked companies
Listed companies | 2 |
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CARINDALE PROPERTY TRUST | Finance |
SCENTRE GROUP | Finance |
Private companies | 14 |
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Scentre Group Ltd.
Scentre Group Ltd. Real Estate Investment TrustsFinance Scentre Group Ltd. operates as a real estate investment trust. The company was founded on June 21, 2000 and is headquartered in Kings Cross, Australia. | Finance |
Westfield America Management Pty Ltd.
Westfield America Management Pty Ltd. Real Estate DevelopmentFinance Part of Unibail-Rodamco-Westfield SE, Westfield America Management Ltd. is an Australian company that operates nonresidential buildings. The private company is based in Sydney, Australia. | Finance |
Daily Mail & General Trust Plc
Daily Mail & General Trust Plc Internet Software/ServicesTechnology Services Daily Mail & General Trust Plc engages in the management of multinational portfolio of entrepreneurial companies. The firm provides information for the insurance, property, energy education, and finance sectors. It operates through the following segments: Property Information, Events and Exhibitions, and Consumer Media. The Property Information segment provide technology, data and workflow solutions to clients involved in the UK residential and commercial property markets, as well as risk, valuation and data solutions to the Commercial Mortgage-Backed Securities market. The Events and Exhibitions segment is an organiser of B2B exhibitions and conferences in the energy, construction, interiors, hotel, hospitality and leisure sectors, operating across several geographies. The Consumer Media segment is focused on delivering journalism to global audience. The company was founded by Alfred Charles William Harmsworth and Harold Harmsworth in 1896 and is headquartered in London, the United Kingdom. | Technology Services |
Westfield Group
Westfield Group Real Estate DevelopmentFinance Westfield Group is an internally managed, vertically integrated shopping centre group in the Australia. It undertakes ownership, development, design, construction, funds and asset management, property management, leasing and marketing activities. The company operates through the following segments: Property Investment and Property and Project Management. The Property investments segment includes existing shopping centers and completed developments, revaluation of existing centers. The Property and Project Management segment includes primarily property management and development. It also has a global program to redevelop its shopping centers and to develop new shopping centers. The company's business roots back to 1960. Westfield Group was founded by Frank P. Lowy and Vale John Saunders in July 2004 and is headquartered in Sydney, Australia. | Finance |
Scentre Management Ltd.
Scentre Management Ltd. Investment ManagersFinance Scentre Management Ltd. operates as an investment advisory firm that engages in the ownership and improvement of shopping centers. The company is headquartered in Sydney, Australia. | Finance |
United Israel Appeal
United Israel Appeal Miscellaneous Commercial ServicesCommercial Services United Israel Appeal operates as non-profit organization. It is responsible for the allocation and oversight of funds raised by U.S. Jewish Federation campaigns. The organization was founded by Max Freilich in 1948 and is headquartered in Kings Cross, Australia. | Commercial Services |
Football Australia Ltd.
Football Australia Ltd. Movies/EntertainmentConsumer Services Football Federation Australia Ltd. operates as governing body for football club. The company was founded in 2004 and is headquartered in Darlinghurst, Australia. | Consumer Services |
The Lowy Institute For International Policy
The Lowy Institute For International Policy Miscellaneous Commercial ServicesCommercial Services The Lowy Institute for International Policy is a research organization based in Sydney, Australia. The company conducts polls and publish reports on Australian attitudes towards the world, including relations with major powers and the risk of conflict in the region. The Lowy Institute also tracks development projects through an interactive aid map. The private company has a team of experts and nonresident fellows who contribute to their research and analysis. The company is committed to promoting public opinion and informing policy decisions. The company was founded by Frank P. Lowy and focuses on aid and development, as well as research on topics such as diplomacy, defense, and security. | Commercial Services |
RE1 Ltd.
RE1 Ltd. Finance/Rental/LeasingFinance RE1 Ltd. operates as a financing subsidiary/Special purpose entity. The company engages financial activities. RE1 was headquartered in Sydney, Australia. | Finance |
RE2 Ltd.
RE2 Ltd. Real Estate DevelopmentFinance RE2 Ltd. is engaged to investment in real estate sector. The company is headquartered in Sydney, Australia. | Finance |
Westfield Corp. Ltd.
Westfield Corp. Ltd. Real Estate Investment TrustsFinance Westfield Corp. Ltd. engages in ownership, development, design, construction, asset management, leasing, and marketing activities. It operates through the Property Investments and Property and Project Management segments. The Property Investments segment includes net property income from existing shopping centers and completed developments and other operational expenses. The Property and Project Management segment focuses on the external fee income from third parties, primarily property management and development fees, and associated business expenses. The company was founded by Frank P. Lowy in 1959 and is headquartered in Sydney, Australia. | Finance |
The Institute for National Security Studies
The Institute for National Security Studies Miscellaneous Commercial ServicesCommercial Services The Institute For National Security Studies focuses on strengthening the the national security of Israel and on securing the future of the country as Jewish and democratic state. Its services include research on the relations between Israel and other countries, on cyber security, energy, water, and infrastructure. The institute was founded in 1975 and is headquartered in Tel Aviv, Israel. | Commercial Services |
Scentre Group Trust 1
Scentre Group Trust 1 Finance/Rental/LeasingFinance Scentre Group Trust 1 engages in provision of investments activities. It operates through the Australia and New Zealand shopping centres portfolio segments. The company was founded in Sydney, Australia. | Finance |
Scentre Group Trust 2
Scentre Group Trust 2 Finance/Rental/LeasingFinance Scentre Group Trust 2 engages in the ownership and improvement of shopping centers. The company is headquartered in Sydney, Australia. | Finance |
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