Lawrence Sheldon Strulović (name later
anglicized
Anglicisation is the process by which a place or person becomes influenced by English culture or British culture, or a process of cultural and/or linguistic change in which something non-English becomes English. It can also refer to the influen ...
to Strulovitch) (born 11 July 1959),
best known as Lawrence Stroll, is a Canadian
billionaire
A billionaire is a person with a net worth of at least 1,000,000,000, one billion (1,000,000,000, i.e., a thousand million) units of a given currency, usually of a major currency such as the United States dollar, euro, or pound sterling. The ...
businessman, part-owner and executive chairman of
Aston Martin
Aston Martin Lagonda Global Holdings PLC is an English manufacturer of luxury sports cars and grand tourers. Its predecessor was founded in 1913 by Lionel Martin and Robert Bamford. Steered from 1947 by David Brown, it became associated ...
, and the owner of the
Aston Martin F1 Team
Aston Martin is a British car manufacturer that has participated in Formula One in various forms. The company first participated in Formula One during the 1959 season where they debuted the DBR4 chassis using their own engine but it failed to ...
. According to ''
Forbes
''Forbes'' () is an American business magazine owned by Integrated Whale Media Investments and the Forbes family. Published eight times a year, it features articles on finance, industry, investing, and marketing topics. ''Forbes'' also r ...
'', he has a net worth of US$2.9 billion, .
Early life
He was born to a Jewish family in
Montreal
Montreal ( ; officially Montréal, ) is the second-most populous city in Canada and most populous city in the Canadian province of Quebec. Founded in 1642 as '' Ville-Marie'', or "City of Mary", it is named after Mount Royal, the triple- ...
, Quebec, the son of fashion importer Leo Strulovitch.
Career
Stroll's father brought
Pierre Cardin
Pierre Cardin (, , ), born Pietro Costante Cardino (2 July 1922 – 29 December 2020), was an Italian-born naturalised-French fashion designer. He is known for what were his avant-garde style and Space Age designs. He preferred geometric sh ...
fashionwear and
Ralph Lauren
Ralph Lauren, ( ; ; born October 14, 1939) is an American fashion designer, philanthropist, and billionaire businessman, best known for the Ralph Lauren Corporation, a global multibillion-dollar enterprise. He has become well known for his c ...
clothing to Canada.
Stroll took the Ralph Lauren brand to Europe.
Along with Hong Kong investor
Silas Chou
Silas K. F. Chou (; born 1946) is a Hong Kong billionaire, active in the fashion sector.
Early life
Chou's father was Chao Kuang-piu. His father founded South Ocean Knitters, one of the Hong Kong's "largest knitwear manufacturers and exporters", ...
, Stroll invested in clothing designers
Tommy Hilfiger and
Michael Kors
Michael David Kors (born Karl Anderson Jr. August 9, 1959) is an American fashion designer. He is the chief creative officer of his brand, Michael Kors, which sells men's and women's ready-to-wear, accessories, watches, jewelry, footwear, and ...
, and the pair largely contributed to the brands' growth to global prevalence.
Stroll's company, Sportswear Holdings, sold the last of its stake in these businesses in 2014.
During the 2000s, Chou and Stroll also invested in
Asprey & Garrard.
From 2000 until August 2022, Stroll owned a Canadian race car circuit, known as
Circuit Mont-Tremblant, in Quebec's
Laurentian Mountains
The Laurentian Mountains (French: ''Laurentides'') are a mountain range in southern Quebec, Canada, north of the St. Lawrence River and Ottawa River, rising to a highest point of at Mont Raoul Blanchard, northeast of Quebec City in the Laurent ...
.
In August 2018, Stroll led a consortium of investors in buying the
Force India Formula One
Formula One (also known as Formula 1 or F1) is the highest class of international racing for open-wheel single-seater formula racing cars sanctioned by the Fédération Internationale de l'Automobile (FIA). The World Drivers' Championship ...
team. Renamed
Racing Point Force India, and as a new team officially, they re-entered midway through the
2018 Formula One season
The 2018 FIA Formula One World Championship was the motor racing championship for Formula One cars and the 69th running of the Formula One World Championship. Formula One is recognised by the governing body of international motorsport, the FÃ ...
and achieved 7th position in the Constructors' Championship. For the season, the team name and entrant was changed once again to
Racing Point F1 Team, with Stroll's son
Lance
A lance is a spear designed to be used by a mounted warrior or cavalry soldier ( lancer). In ancient and medieval warfare, it evolved into the leading weapon in cavalry charges, and was unsuited for throwing or for repeated thrusting, unli ...
driving one of the cars, finishing in 7th position in the Constructors' Championship once again.
On 31 January 2020, it was announced that Stroll led the Yew Tree Investments consortium to invest £182 million into
Aston Martin
Aston Martin Lagonda Global Holdings PLC is an English manufacturer of luxury sports cars and grand tourers. Its predecessor was founded in 1913 by Lionel Martin and Robert Bamford. Steered from 1947 by David Brown, it became associated ...
, in return for a 16.7% stake in the company. The Racing Point F1 Team was re-branded as the
Aston Martin F1 Team
Aston Martin is a British car manufacturer that has participated in Formula One in various forms. The company first participated in Formula One during the 1959 season where they debuted the DBR4 chassis using their own engine but it failed to ...
in .
Personal life
Stroll is married to Raquel Stroll ( Diniz). He was previously married to Belgian-born Claire-Anne Stroll ( Callens). Lawrence and Claire-Anne have two children.
Their son
Lance Stroll is a racing driver who is currently competing in
Formula One
Formula One (also known as Formula 1 or F1) is the highest class of international racing for open-wheel single-seater formula racing cars sanctioned by the Fédération Internationale de l'Automobile (FIA). The World Drivers' Championship ...
. Their daughter is Chloe Stroll.
Stroll has a large car collection, mostly consisting of
Ferraris, from the
Ferrari 250 GTO to the latest
LaFerrari. He used to own the Ferrari dealership of
Quebec
Quebec ( ; )According to the Government of Canada, Canadian government, ''Québec'' (with the acute accent) is the official name in Canadian French and ''Quebec'' (without the accent) is the province's official name in Canadian English is ...
. He also owns other cars such as
McLaren
McLaren Racing Limited is a British motor racing team based at the McLaren Technology Centre in Woking, Surrey, England. McLaren is best known as a Formula One constructor, the second oldest active team, and the second most successful Formul ...
s and a
Ford GT.
References
{{DEFAULTSORT:Stroll, Lawrence
1959 births
Living people
Canadian billionaires
Canadian expatriates in Switzerland
Canadian car collectors
Canadian people of Jewish descent
Canadian people of Serbian descent
Businesspeople from Montreal
Formula One people
Formula One team owners
Aston Martin
Automotive businesspeople
Sports car racing team owners
Racing Point F1 Team