Skip to content
Oct 2014 – Present 5 years 11 months. Photo by Dimitrios Kambouris/Getty Images for Tribeca Film FestivalTycoons on the 2019 Forbes Australia Rich List saw mixed results as some fortunes rose and some fell. In May 2015 he underwent surgery to resolve a complication that had arisen from the fall.Lowy has a reputation for giving of his time and financial support to a broad range of causes.Awarded the title of Australia's leading philanthropist by peak body, Philanthropy Australia, with donations in 2002 of A$10 million,.In April 2003 to mark the 50th anniversary of his arrival in Australia, Lowy established the Lowy at the Australian Football Awards in October 2011 Their father, Frank Lowy, co-founded the Westfield Group, which has made him one of the wealthiest people in Australia. 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. She surpasses mining magnate Gina Rinehart who had held the pole position for five straight [...]Gina Rinehart, center, stands for a photograph with Barry Fitzgerald, CEO of Hancock Prospecting's Roy Hill mine, left, and Sanjiv Manchanda, project manager of Roy Hill, during a tour of operations under construction on Nov. 20, 2014. The Lowy Family Group will provide research and expertise on the retail sector from its Westfield days and highlight potential acquisitions if they meet the fund's requirements. An era ended in June 2018 when Lowy sold his Westfield Corp. to a Franco-Dutch group in a $16 billion deal that was Australia's largest takeover. David Hillel Lowy (born 31 December 1954) is an Australian businessman, aviator and musician. Mining mogul Gina Rinehart retains the top spot on the list with a net worth of US$14.8 billion.Unibail Rodamco is buying Westfield to create a global shopping mall giant.The deal brings together two of the world's biggest mall operators at a time when online shopping has put significant pressure on brick-and-mortar retailers.SINGAPORE (November 2, 2017) – Mining mogul Gina Rinehart regained the No. Lowy is married to Shirley, whom he met at a Jewish dance when he was 21. Sons, In October 2015, Lowy stepped down as the chairman of the Lowy is married to Shirley, whom he met at a Jewish dance when he was 21. The Lowy Family Group (LFG) is a founding investor in Assembly which is aiming to raise $450 million in a mix of debt and equity from high net worth investors. Australian billionaire Frank Lowy wants His son Peter Lowy has almost 30 years of experience, having worked for the family business since 1983, rising to the position of managing director of the Westfield Group in 1997. Frank’s youngest son Steven Lowy who was born in 1962, he is Westfield Corporations CFO and the CEO of Scentre corporation. He was also awarded the Member of Order of Australia. The new fund was founded by former Westfield director Michael Gutman. LFG's focus is on finding high quality and unique investment opportunities globally. the lowy group story so far In 1973, when Group Chairman and founder, Peter Lowy, purchased the Vienna Hotel in London’s Maida Vale, the first seeds of the original Vienna Group were sown. you to shop for both in his malls.Gina Rinehart Retains Top Spot On 2019 Forbes Australia Rich ListEuropean Unibail To Buy Westfield For $25B And Create World's Largest Mall OwnerMall Operator Westfield Sells Itself For $15.7 Billion Frank Lowy wants you to shop Cholagitis is generally easily treatable, but if not caught quickly could require surgery, according to [...]Billionaire's son pleads fifth in tax haven investigation.Did Aussie billionaire Frank Lowy commit tax fraud?Need to buy a steak and a new black dress? Lowy built up the Westfield shopping centre empire in Australia in the 1960s, before expanding to the US, New Zealand and the UK. LFG - Lowy Family Group. He has three sons, Peter and Steven, who manage the Westfield business, and David, who manages the family's private investments.In 2015, he fell off a stage as the A-League trophy was due to be presented. The complete list is available here as well [...]Patience is not only a virtue for Third Avenue Real Estate Value Fund, it's a requirement.Net worth of US$18 billion makes her Asia Pacific's richest woman Singapore, 2 February 2012 – Australian mining magnate Gina Rinehart is now the richest woman inthe Asia Pacific region with a net worth of $18 billion, topping the latest Forbes list of the wealthiest people in Australia, and she is [...]A decade later, how the world, and Ground Zero, have changed.Australian shopping mall billionaire Frank Lowy (worth with his family $4.4 billion on FORBES' latest billionaires list) has been hospitalized with a bile duct problem called cholangitis, according to a statement by his company, Westfield Group.