| Name: | Lawrence Stroll |
| Net Worth: | $3 billion |
| Source of Wealth: | Tommy Hilfiger, Michael Kors, Racing Point F1 |
| Born: | July 1959 |
| Age: | |
| Country: | Canada |
| Wife: | Raquel Diniz |
| Children: | Lance Stroll, Chloe Stroll |
| Residence: | Montreal, Canada |
| Private Jet: | Bombardier Global 7500 (OE-LLS) Global 6000 (N711LS) |
| Yacht | FAITH |
Lawrence Stroll is a highly successful fashion entrepreneur best known for his involvement in the growth of Tommy Hilfiger. Born in July 1959 in Montreal, Stroll is married to Raquel Diniz and is the father of two children with his ex-wife Claire-
Lawrence Stroll’s father owned a children’s clothing business, which held the licensing rights to Pierre Cardin and Polo Ralph Lauren in Canada. At the age of 15, Lawrence began working at his father’s company and later started a business selling the Ralph Lauren brand in Europe.
Stroll later became a partner with Tommy Hilfiger and, along with Hong Kong-based Silas Chou, founded Sportswear Holdings Ltd. Through Sportswear Holdings, Stroll and Chou acquired the relatively unknown Tommy Hilfiger brand in 1989 and transformed it into a worldwide brand with over $2 billion in sales.
In 1992, Hilfiger went public, and in 2006, the Hilfiger Corporation was acquired by Apax Partners for $1.6 billion.
In 2003, Sportswear Holdings acquired a 52% stake in Michael Kors Holdings for a reported $85 million. When Kors went public in 2011, their share was valued at $1.9 billion.
Stroll is an avid Ferrari collector, owning more than 25 vintage cars, including a Ferrari 250 GTO. In 2013, he paid a record $27.5 million for a rare 1967 Ferrari 275 GTB N.A.R.T. Spider.
Other notable cars in his collection include a 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 a McLaren GTR.
Stroll was rumored in September 2014 to be considering the acquisition of the Sauber F1 team. Moreover, Stroll owns the Formula One race circuit Circuit Mont-
According to Forbes, Lawrence Stroll’s net worth is estimated at $3 billion. His successful business ventures in the fashion industry, strategic investments, and passion for collecting rare automobiles have contributed to his impressive wealth.
Throughout his career, Stroll has played a significant role in shaping the global fashion industry. His early work in expanding the Ralph Lauren brand to Europe and his partnership with Tommy Hilfiger have influenced the growth and development of iconic fashion brands. His strategic investments in companies like Michael Kors Holdings further demonstrate his keen business acumen and ability to identify promising opportunities.
As a result of his vast experience and success in the fashion world, Lawrence Stroll has become an influential figure and an inspiration for aspiring entrepreneurs. His remarkable accomplishments in business, sports, and luxury lifestyle have earned him a well-deserved reputation as a visionary leader in his field.
His son Lance Stroll is a professional race driver. In 2017 Lance Stroll joined the Williams Grand Prix team,. As a F1 driver together with Felipe Massa.
Lance Stroll began his driving career on his father’s private circuit in Mont Tremblant. He has won many prizes in the Italian Formula 4 series. And in the Formula 3 Championship.
Lance Stroll net worth is probably less than US$ 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.
His father owned a children’s clothing business, which owned the licensing rights of Pierre Cardin and Polo Ralph Lauren in Canada. Lawrence started working at his father’s company at the age of 15.
Lawrence started a business selling the Ralph Lauren brand in Europe. In 1989 he acquired the then relatively-unknown Tommy Hilfiger brand. He built that into a worldwide brand with more than $2 billion in sales.
His net worth is $3 billion. He earned $1.6 billion when he sold the Tommy Hilfiger brand to Apax Partners.
The family owns houses in Toronto, London, Geneva and Mustique.
He owned the yacht Faith, which he sold to Michael Latifi. He is now building an 80-meter yacht in the Netherlands.
In August 2018 Stroll bought the F1 team Force India. Which had been in financial trouble for a while. He paid GBP 90 million, or US$ 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 was guaranteed. In the 2019 season, Lance Stroll became a driver at the team. Which was later 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 was rebranded as Aston Martin Formula 1 in 2021. Stroll is now Executive Chairman at Aston Martin.
Lawrence is married to fashion designer Raquel Diniz. She is active on Social Media, and often posts photos on board large yachts. They married in 2020 in the Caribbean island of Mustique
Stroll’s ex 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.
Claire-Anne and Lawrence divorced in 2017.
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Scroll down for interior photos, and footage of his house and private jet!
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 properties in London and Geneve Switzerland as well. And we found a large estate in Mustique, St Vincent and the Grenadines.
Mustique, a picturesque island in St Vincent and the Grenadines, is a Caribbean gem that captures the hearts of all who visit. Known for its luxurious accommodations, pristine beaches, and exclusive atmosphere, Mustique offers a unique and unforgettable experience for travelers in search of a tranquil and idyllic getaway.
Nestled in the heart of the Grenadines, Mustique is part of a 32-island archipelago belonging to the St Vincent and the Grenadines chain. Spanning just 2.2 square miles (5.7 square kilometers), Mustique is small yet diverse in its landscape, boasting white sandy beaches, lush hills, and captivating coral reefs.
Since the 1960s, Mustique has been a preferred destination for the rich and famous. Its allure as a private island has attracted celebrities, politicians, and royalty, including Princess Margaret, Mick Jagger, and David Bowie. The exclusivity of the island, coupled with its natural beauty, makes it a perfect escape for those seeking privacy and relaxation away from the public eye.
Accommodations on Mustique range from lavish villas to the renowned Cotton House Hotel. The private villas, often owned by celebrities, offer an unparalleled level of luxury, complete with infinity pools, breathtaking views, and personalized services. The Cotton House Hotel, a former sugar mill, is the only full-service hotel on the island and provides guests with elegant accommodations and exceptional amenities, ensuring a memorable stay.
Despite its small size, Mustique has no shortage of activities for visitors to enjoy. The crystal-clear waters surrounding the island are perfect for snorkeling, scuba diving, and sailing, allowing guests to explore the vibrant marine life and stunning coral reefs. Additionally, the island offers horseback riding, tennis, and hiking trails for those who prefer land-based adventures. Mustique is also home to the world-famous Basil’s Bar, a popular spot for socializing and enjoying live music in a laid-back atmosphere.
Mustique takes pride in its commitment to preserving the island’s natural environment. The Mustique Company, which manages the island, has implemented various eco-friendly initiatives to protect its pristine ecosystem, including beach clean-ups, coral reef monitoring, and the protection of endangered sea turtles.
In conclusion, Mustique is a luxurious oasis that combines the serenity of the Caribbean with upscale accommodations and amenities, making it an ideal destination for those seeking a private and exclusive island experience. From its stunning beaches to its commitment to environmental conservation, Mustique truly is a paradise in the heart of the Grenadines.
SuperYachtFan was informed that Mr. Stroll is the owner of the Feadship 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.
In August 2020 several of our sources informed us that Faith has been sold to Michael Latifi. He is an Iranian-
Michael is the father of F1 driver Nicholas Latifi. Nicholas is competing in Formula One for Williams Grand Prix Engineering
Stroll is building a new 80 meter yacht in the Netherlands. So he is downgrading in size. But 80 meters is more convenient for most yachting destinations.
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 costs are around US$ 9,000 per hour.
The Bombardier Global 6000 is a long-range business jet produced by Bombardier Aerospace. It was introduced in 2010 and is part of the Bombardier Global family of aircraft. The Global 6000 has a maximum range of 6,000 nautical miles and can accommodate up to 19 passengers. It is equipped with advanced technologies and luxury amenities, including a spacious cabin, high-speed internet, and a full galley. The Global 6000 is popular among executives, government officials, and other individuals who require long-range travel capabilities and comfort. A Global 6000 has a list price of EUR 50 million.
Update April 2023: He bought a brand new Bombardier Global 7500 with registration OE-LLS.
He listed his Global 6000 for sale, these are interior photos of the business jet.
SuperYacht Owners Database 10-2023
