Nepedia
Back to Discover
Fluent Reader
💻

Frank Lowy

technology Maturity 9-11 war conflict politics Next article →

This article covers sensitive topics: war_conflict, politics. Parents can manage visibility in Parental Controls.

Sir Frank Lowy was a very successful businessman and a famous philanthropist. A philanthropist is someone who gives a lot of money to help others.

Frank Lowy
Frank Lowy

He was born on October 22, 1930, in Czechoslovakia. During World War II, he had to live in a ghetto in Hungary. He later moved to France in 1946. He tried to sail to Mandatory Palestine on a ship called the Yagur. However, British authorities caught him and sent him to a camp in Cyprus. He later fought in the 1948 Arab-Israeli War in the Galilee and Gaza. These early years shaped the man he would become.

Lowy's big business success began after he moved to Australia in 1952. He joined his family to deliver small goods. In 1953, he met a man named John Saunders. They became partners and started the Westfield Development Corporation. They first built a shopping centre at Blacktown in Sydney.

Frank Lowy presented with Woodrow Wilson Award (cropped)
Frank Lowy presented with Woodrow Wilson Award (cropped)

Over thirty years, they built more centres in Australia and the United States. The company was listed on the Australian Stock Exchange in 1960. Later, Lowy took the business to New Zealand and the United Kingdom. In 2018, a French company called Unibail-Rodamco bought Westfield Corporation.

Lowy also worked hard to help the sport of football in Australia. He was the chairman of Football Federation Australia from 2003 to 2015. He helped create the A-League, which is a professional football league. He even tried to host the 2022 FIFA World Cup in Australia. This plan had 43 million dollars of support from the Australian government. However, the tournament was eventually given to Qatar in 2010. Lowy's work helped make football a much bigger part of Australian life. He eventually handed his role in the sport over to his son, Steven.

Lowy was known for being one of the wealthiest people in Australia. In 2010, the BRW magazine said he was the richest person in the country. His wealth grew a lot over many years. In 2016, his net worth was 8.26 billion dollars. By 2025, the Financial Review Rich List estimated his worth at 10.28 billion dollars. He also appeared on the Forbes Asia list. This list showed he was one of the richest people in Australia. His business success allowed him to fund many important projects.

He used his money to support many different causes. He started the Lowy Institute in 2003 to study world affairs. This group is a think tank, which is a place where experts study big ideas. He also gave 10 million dollars to help build a cancer research centre at UNSW. His wife, Shirley, started a foundation to find better ways to treat cancer.

Frank Lowy
Frank Lowy

In 2013, he visited Auschwitz-Birkenau to remember his father, Hugo. He spoke to students about his family's history there. Lowy passed away in Tel Aviv in December 2020.

477 words

Where will your curiosity go next?

Keep exploring at your chosen reading level.

🖼️ Images & Media (2)
File:Frank Lowy.jpg
Frank Lowy.jpg
File:Frank Lowy presented with Woodrow Wilson Award (cropped).jpg
Frank Lowy presented with Woodrow Wilson...
More to explore

What is Nepedia?

A free, ad-free encyclopedia for children. Every article is written at five reading levels, so the same page works for a five-year-old and a fifteen-year-old — use the level switcher above to see this one change. No account needed to read.