Net Worth: $2.6 B
Age: 60
Source: Fashion Investments
Industries: Fashion & Retail
Lawrence Stroll masterminded Michael Kors’ hugely successful IPO in 2011 with business partner Silas Chou, a Hong Kong fashion tycoon. The bulk of Stroll’s fortune comes from selling his shares in the American fashion brand; he sold the last of his stake in 2014. In Aug. 2018, Stroll led a group of investors to buy Formula One racing team Force India for £90 million plus assumption of £15 million in debt. After leading a $235.6 million (£182 million) investment in car company Aston Martin in early 2020, Stroll will become executive chairman. His 20-year-old son, Lance Stroll, one of the youngest members to compete in Formula One, is joining Force India in 2019. Stroll collects vintage Ferraris, one of which he purchased for a record-breaking $27.5 million in 2013.