BRW magazine ranked him the 4 th richest man in Australia. 1 on the … In 2008 Lowy and his sons were investigated for tax fraud and money laundering based on some stolen documents from their company offices. Lowy is also famous for contributing to society and does charity as well as community service. Frank Lowy is least to say, is an old man who still has a punch to pack. A long time supporter of Association football in Australia, Lowy was Chairman of the Football Federation Australia (FFA) from 2003 to November 2015. He has two children, read more, Yes, Frank Lowy is still alive [citation needed], Awarded the title of Australia's leading philanthropist by peak body, Philanthropy Australia, with donations in 2002 of A$10 million,. After the war, he decided to go to Australia in 1952 and start a new life. Today the Lowys' main business is running their family investment house, Lowy Family Group, with offices in New York, Los Angeles and Sydney. He handles the private investment fund of Lowy family. It was after they have had 3 sons, Stephen, Peter and David. When his first child, Peter Lowy, was born, Frank Lowy was 29 years old. He was liberated by the allied forces and went to France from where he went to Israel. He moved places frequently until finally coming to Australia and settling down for good. He has three sons, Peter and Steven, who manage the Westfield business, and David, who manages the family's private investments. [31], Lowy is married to Shirley, whom he met at a Jewish dance when he was 21. Peter (60) and Steven (57) . The company took off with a shopping centre in Blacktown in Sydney’s western suburbs. [70][71][72], In 2000, he was appointed a Companion of the Order of Australia for his service to the community through the development of the property industry and expansion of the retail sector in Australia and internationally, and as philanthropist committed to support of wide-ranging social and cultural endeavours. [67] Together with the Packer family, in 2008 Lowy donated an undisclosed amount towards the Victor Chang Cardiac Research Institute. [67], In April 2003 to mark the 50th anniversary of his arrival in Australia, Lowy established the Lowy Institute for International Policy, an independent international policy think tank devoted to foreign affairs, and Australia's role in the world. [30], In October 2015, Lowy stepped down as the chairman of the Scentre Group, a role that he had held for 55 years. He is a co-founder of the Westfield Group operator of over 100 shopping centres in Australia New Zealand the United States and the United Kingdom. He is Australia’s 4th richest man, 5.6 billion dollars to be exact according to Forbes. They could only be described as love at first sight. [36][37], He moved to Israel to live at the end of 2018. A subsequent US Senate probe and an Australian Taxation Office audit in which Lowy and his sons, David and Steven, were investigated on their involvement with financial institutions in tax havens located in Liechtenstein and Switzerland. He co-founded Westfield Group, the company that operates more than 100 shopping centers across Australia, UK, US and New Zealand.

[24] In gopnnj.html#ixzz4AuhOaCJ9 |title=CBD: Frank's back|work=The Sydney Morning Herald |author=Kruger, Colin |date=10 May 2016 |access-date=7 June 2016 }} The pair became business partners, eventually creating Westfield Development Corporation through the development of a shopping centre at Blacktown in Sydney's western suburbs. David was born in 1954 and is like father a businessman and has an interest in aviation and music. He was soon cleared of all charges and no action was taken against him or his sons.