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STRULOVIC Lawrence (Stroll)
STRULOVIC Lawrence (Stroll)
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STRULOVIC Lawrence (Stroll)
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STRULOVIC Lawrence (Stroll)

STRULOVIC
Lawrence
(Stroll)

Canadian billionaire businessman

Profession: Businessman

Content

Biography

Lawrence Sheldon Strulović is a Canadian billionaire businessman, part-owner of the Aston Martin F1 Team, and collector of vintage Ferraris. According to Forbes, he has a net worth of US$2.9 billion, as of February 2022.

Early life

He was born to a Jewish family in Montreal, Quebec, the son of fashion importer Leo Strulovitch.

Career

Stroll's father brought Pierre Cardin fashionwear and Ralph Lauren clothing to Canada. Stroll took the Ralph Lauren brand to Europe.

Along with Hong Kong investor Silas Chou, Stroll invested in clothing designers Tommy Hilfiger and Michael Kors, and the pair largely contributed to the brands' growth to global prevalence. Stroll's company, Sportswear Holdings, sold the last of its stake in these businesses in 2014.

In the 2000s, Chou and Stroll invested in Asprey & Garrard.

Stroll owns the Canadian race car circuit Circuit Mont-Tremblant in Quebec's Laurentian Mountains.

In August 2018, Stroll led a consortium of investors in buying the Force India Formula One team. Renamed Racing Point Force India, and as a new team officially, they re-entered midway through the 2018 Formula One season and achieved 7th position in the Constructors' Championship. For the 2019 season, the team name and entrant was changed once again to Racing Point F1 Team, with Stroll's son Lance driving one of the cars, finishing in 7th position in the Constructors' Championship once again.

On 31 January 2020 it was announced that Stroll led a consortium to invest £182 million into Aston Martin in return for 16.7% stake in the company. The Racing Point F1 Team was re-branded as Aston Martin in 2021.

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