Frank Stronach

Frank Stronach
Leader of Team Stronach
In office
25 September 2012 – 31 December 2017
Preceded byParty established
Succeeded byParty dissolved
Personal details
BornFranz Strohsack
(1932-09-06) 6 September 1932
Spouse
Elfriede Sallmutter
(m. 1964; died 2024)
ChildrenBelinda, Andrew
OccupationBusinessman
Racehorse owner/breeder
AwardsOrder of Canada
(1999)
Thoroughbred horse racing awards:
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Frank Stronach CM (born 6 September 1932) is an Austro-Canadian billionaire businessman and politician.

He is the founder of Magna International, an international automotive parts company based in Aurora, Ontario, Canada, Granite Real Estate, and the Stronach Group. With an estimated net worth of $C3.06 billion (as of December 2017), Stronach was ranked by Canadian Business as the 31st richest Canadian.

In 2011, he entered Austrian politics, founding the Stronach Institute to campaign for a flat tax and lowering national debt. In 2012, he founded the political party Team Stronach for Austria.