TOP 10
Born
FIĽAKOVO SLOVAKIA
$ 6.1bn
NET WORTH IN USD
84
07
Frank Lowy
WESTFIELD [ 2014 – 2018 ]
Born in modern-day Slovakia , Lowy moved to Australia in 1952 where he now holds citizenship . Partnering with John Saunders in 1953 , the duo formed the commercial real estate company Westfield Group and started to manage shopping centres , starting with one in Blacktown , Sydney . The company was listed on the ASX in 1960 and continued until 2014 , when it was made defunct and replaced by Westfield Corporation . An avid supporter of association football and also a renowned philanthropist , he founded the Lowy Institute for International Policy in 2003 ( the semicentennial of his arrival in Australia ). The thinktank currently researches and produces reports on international policy and economic issues from a domestic perspective .
APRIL 2020