FRANK LOWY • Net Worth $5 Billion • House • Yacht • Private Jet • Westfield Corporation

Frank Lowy

Yacht Owner Photos Location For Sale & Charter News

Name:Frank Lowy
Net Worth:$5 billion
Source of Wealth:Westfield Corporation
Born:October 22, 1930
Wife:Shirley Lowy
Children:Steven Lowy, David Lowy, Peter Simon Lowy
Residence:Point Piper, Sydney, Australia
Private Jet:Gulfstream G650 (N720LF)

Who is Frank Lowy?

Frank Lowy is the founder of Westfield Corporation, active as a developer of shopping malls. He was born in October 1930. He is married to Shirley Lowy and has 3 children: Steven, David, and Peter Simon Lowy. He is one of the richest men in Australia.

Westfield Corporation

Westfield Group was an Australian shopping center company that existed from 1960 to 2014. When it split into two independent companies.  

Scentre Group, which now owns and operates the Australian and New Zealand Westfield shopping center portfolio. And Westfield Corporation, which owns and operates the American and European center portfolio.

In 2018 the assets of Westfield Corporation were sold to Unibail Rodamco for US$ 33 billion. Lowy retired as a non-executive chairman.

Scentre Group

Scentre Group is one of the world’s leading shopping center companies. It is active in Australia and New Zealand.

Scentre Group owns and operates a large portfolio of 39 shopping centers in Australia and New Zealand. The shopping centers are valued at US$ 51 billion.

Each year 530 million shoppers visit these malls. Frank‘s son Steven Lowy is a non-executive director.

In 2015 Frank announced that he would retire as Chairman from Scentre.


Lowy and his family are active philanthropists. Through their Lowy Foundation and Lowy Institute.

In 2013 it was disclosed that the Lowy family had donated more than $350 million to good causes. The Lowy Institute is an Australian think tank with a global outlook.

The institute is active in policy-relevant research about international political, strategic, and economic issues from an Australian perspective.

In 2017 Frank Lowy AC was knighted by the Queen of England. For his services to business and philanthropy.

Frank Lowy Net Worth

His net worth is estimated at $5 billion. He ranks 4 on Australia’s rich list.


Message to Other Media

Please mention SuperYachtFan when using this information.

Yacht Ilona Owner

Frank Lowy

Watch this video!

Frank Lowy House

Yacht Ilona

He is the owner of the Amels motor yacht Ilona, which was named after his mother.