Lawrence Stroll: Net Worth, House, Private Jet, son Lance Stroll, and Yacht Faith
Author: Peter Yachtfan
Lawrence Stroll Yacht:
97 m (317 ft)
18 in 9 cabins
34 in 17 cabins
Faith Boat Price:
US$ 200 million
Yacht Faith For Sale:
Contact a Sales Broker
Faith Yacht Charter:
Contact a Charter Broker
Lawrence Stroll Net Worth:
US$ 2.6 billion
Tommy Hilfiger, Michael Kors, Racing Point F1
Lance Stroll, Chloe Stroll
Bombardier Global 6000 (N711LS)
Our Super Yacht Owners Database: more than 1,050 Yachts and Yacht Owners.
Stroll owns a collection of 25 vintage Ferraris. He is F1 driver Lance Stroll’s dad.
He is a successful fashion entrepreneur. Stroll is the man behind the success of Tommy Hilfiger. He was born in July 1959 in Montreal. He is married to Claire-
His father owned a children clothing business, which owned the licensing rights of Pierre Carding and Polo Ralph Lauren in Canada. Lawrence started working at his father’s company at age of 15. He Lawrence started a business selling the Ralph Lauren brand in Europe.
Later he became a partner with Tommy Hilfiger. Together with the Hong Kong based Silas Chou, he founded Sportswear Holdings Ltd.
Through Sportswear Holdings he acquired in 1989 the then relatively unknown Tommy Hilfiger brand. He built that in to a world wide brand with more than US$ 2 billion in sales.
In 1992 Hilfiger went public. And in 2006 the Hilfiger Corporation was acquired by Apax Partners for USD 1.6 billion.
View the interesting interview with Stroll, where he explains the start of his business career. (A but further down this page).
In 2003 Sportswear Holdings acquired a 52 % stake in Michael Kors Holdings. For a reported US$ 85 million. When Kors went public in 2011 their share was valued at US$ 1.9 billion.
Other cars in his collections are:
Ferrari 250 Testa Rossa Scaglietti Spyder (1957); 512 M Sunoco; 512 BB LM; 288 GTO ; 412 P; 250 GTO; F40 GTE; F50 ; Enzo; Enzo FXX; LaFerrari FXXK; 360 GT; 360 Challenge; F430 Challenge; 330 P4; 333 SP; 275 GTB; FXX; McLaren M8D; McLaren M22; Porsche 959; Ford GT40; McLaren F1 and finally a McLaren GTR.
In September 2014 there were reports that Mr. Stroll was about to acquire the Sauber F1 team. Stroll also owns the Formula One race circuit Circuit Mont-
SuperYachtFan was informed that Mr. Stroll is the owner of Feadship’s yacht Faith (Hull 1006). Chahan Minassian of Chahan Interior Design is responsible for the interior of Faith.
Chahan Minassian is Mr. Stroll’s personal designer. He also designed the interior of a London apartment owned by Stroll. Faith is 97 meters (or 317 ft) and able to accommodate 18 guests and a crew of 34.
Her features include a below deck heli hangar. And a spa area with a massage room, and steam room. She also has a large 9m x 4m swimming pool, with a glass bottom pool. Faith has a value of more than US$ 200 million.
Forbes estimated his net worth at US$ 2.6 billion. (September 2019).
Stroll owns a Bombardier BD 700 Global 6000 private jet. The jet has registration N711LS.
The jet, which was delivered in 2013, has a list price of US$ 60 million. She has a cruise speed of 560 miles per hour. And she has a range of 7,700 miles. Operating cost are around US$ 9,000 per hour.
Stroll owns several houses. His main residence is believed to be in Montreal. But he also owns a large house in Mont Tremblant. Situated near his private race circuit. He is said to own houses in London and Switzerland as well.
His son Lance Stroll is a professional race driver. In 2017 Lance Stroll joined the Williams Grand Prix team,. As a F1 driver together with Felipe Massa.
Lance Stroll began his driving career on his fathers private circuit in Mont Tremblant. He has won many prices in the Italian Formula 4 series. And in the Formula 3 Championship.
Lance Stroll net worth is probably less than US$ 100 million. (Ignoring his father’s wealth).
He is rumored to have spent more than US$ 80 million to help his son. Lance Stroll told Germany's Auto Bild.: "Motorsport is a sport where money is important. Of course so I'm very happy that my father helps me".
In the (rainy) qualification of the FORMULA 1 GRAN PREMIO HEINEKEN D'ITALIA 2017 in Monza, Italy. Lance Stroll showed that he is actually a very talented driver.
He became the youngest driver to start a Formula One race from the front row.
In August 2018 Stroll bought the F1 team Force India. Which had been in financial troubles for a while. He paid GBP 90 million, or US$ 120 million.
With the purchase Force India's creditors were be paid in full. All 405 jobs at the team were saved. And ongoing funding were guaranteed. In the 2019 season Lance Stroll became a driver at the team. Which is now named Racing Point.
In January 2020 it was announced that Stroll would invest US$ 239 million in the struggling car brand Aston Martin. Stroll will pay $238 million for 16.7 % of Aston Martin at a price of £4 per share. The Canadian billionaire’s stake could rise to 20% if the rescue plan is successful. The deal means that Stroll’s Formula 1 team Racing Point will be rebranded as Aston Martin Formula 1 from 2021.
Stroll’s wife and Lance’ mother is Claire Anne Stroll. She is a fashion designer and owner of the fashion brand Callens. She was born in Brussels, Belgium in the 1960s.
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Scroll down for interior photos, and footage of his house and private jet!
The yacht was built as Project Vertigo by Feadship. She was delivered early 2017.
The yacht can accommodate 18 guests and a crew of 34. Her interior is designed by Chahan Interior Design. Who has worked on more projects for her owner, including an apartment in London.
He also designed the interior of a London property owned by Stroll. Her exterior is designed by Redman Whitely Dixon. The yacht has facilities to store a Bell 429 helicopte. And has a glass bottom swimming pool (with a bar underneath).
Her features include a 9 meter by 4 meter swimming pool. Faith is powered by two MTU 16v 4000 engines. Which brings her a top speed of 17 knots. De Voogt Naval Architects is responsible for the naval archite cture
In July 2017 F1 driver Lance Stroll (the owner’s son) was pictured having a holiday on board Faith. He was on board with English TV and fashion star Kimberly Garner.
The owners previous motor yacht was built as Cakewalk for Charles Gallagher. Gallagher sold her to Frank Fertitta, who named her Fortunato.
Frank Fertitta sold her to fashion entrepreneur Stroll. Who sold her to Tommy Hilfiger.
The yacht is now named Flag and bears Tommy Hilfigers logo. Hilfiger frequently posts photos of his yacht Flag on social media.
Flag was launched in 2000 by Royal Van Lent. She is built from steel. With an aluminum superstructure. Faith can accommodate 14 guests in 7 cabin and has crew of 17. She can reach a maximum speed of 16 knots.
In 2012 the previous Faith, after the purchase by Mr. Stroll, was refitted with a new interior. Designed by Chahan of Paris. FAITH won the Best Refit Award 2013 in the eighth edition of the World Superyacht Awards.
The boat is not available for yacht charter. And the yacht is not listed for sale.
Our yacht owners database has more info about yachts, the value of yachts, yacht owners, their source of wealth and net worth.
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The previous owner of the 2000 yacht Faith was Frank Fertitta. Who named the yacht Fortunato. Frank Fertitta is the ceo of Station Casinos. Station Casino’s was founded by his father, also named Frank.
Frank Fertitta was also owner of Zuffa. Which runs the Ultimate Fighting Championship. He and his brother sold the UFC for US$ 4 billion in 2016.
Station Casinos Inc. is a leading provider of gaming and entertainment, It is based in the Las Vegas and runs 18 casino’s. Station Casino also owns a 50% share in Fertitta Interactive. A company active in online gaming.
The company has around 12,000 employees. In the past Station Casino’s was listed on the New York Stock Exchange. But after some financial problems and a financial restructuring. Frank and his brother Lorenzo Fertitta now own 45% of the company. Lorenzo Fertitta is owner of the Feadship Lonian.
Frank is building a new yacht in the Netherlands.
Zuffa, is an American sports promotion company which owns the Ultimate Fighting Championship.
The UFC hosts most of the top-
Forbes estimates the net worth of Frank Fertitta at USD 2 billion. Frank Fertitta is the cousin of Tilman Fertitta. Tilman is owner of Landry’s Restaurant and owner of superyacht Boardwalk.