Frank Stronach

Born Sep 6, 1932

Frank Stronach, CM is an Austrian-Canadian businessman and politician. He is the founder of Magna International, an international automotive parts company based in Aurora, Ontario, Canada, and Magna Entertainment Corp. , which specializes in horse-racing entertainment. With an estimated net worth of $US 1.7 billion (as of March 2011), Stronach was ranked by Forbes as the 21st wealthiest Canadian and 736th in the world.… Read More

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News + Updates

Browse recent news and stories about Frank Stronach.

  • Canadian Billionaire Stronach To End Foray Into Austrian Politics
    Yahoo News - Oct 23, 2013
  • Right Wing Coalition Prospects Fade In Austria
    NYTimes - Oct 04, 2013
  • Austria’s Election: The Eurosceptics’ Victory
    The Economist - Oct 03, 2013
  • Canadian Throws Money, Ego Into Austrian Election
    Fox News - Sep 27, 2013


Learn about the memorable moments in the evolution of Frank Stronach.


1932 Birth Born on September 6, 1932.


1954 21 Years Old In 1954, he arrived in Montreal, Quebec, and later moved to Ontario. … Read More
1956 23 Years Old In 1956, Stronach started his first business, Multimatic Investments Ltd., in the old manufacturing district of Toronto.


1969 36 Years Old In 1969, his firm acquired its first automotive parts contract and merged with Magna Electronics. … Read More


1980 47 Years Old Stronach is the owner of Stronach Group which specializes in horse-racing entertainment and owns and operates some of the most prominent racetracks in the United States. Among his early successes was his partnership with Nelson Bunker Hunt in the filly Glorious Song who was voted the 1980 Sovereign Award for Canadian Horse of the Year.


1994 - 1998 2 More Events
2000 67 Years Old In 2000, he won the Eclipse Award for Outstanding Breeder.
2004 71 Years Old He subsequently established Adena Springs Farms which owns horse breeding farms in Kentucky, Florida and Canada and won the Eclipse Award for Outstanding Breeder in 2004, 2005 and 2006. … Read More
2005 72 Years Old …  On 24 November 2005, he decided not to seek re-election as president of the Austrian Bundesliga. … Read More
2011 78 Years Old 1 More Event
In 2011, Stronach entered Austrian politics, proposing the establishment of a new political party: a "Citizens' Alliance" advocating tax, health, and education reform.
2012 79 Years Old Stronach's plans to form a new party gained prominence in 2012. … Read More
2013 80 Years Old This led to suggestions that Stronach would take over the BZÖ ahead of the 2013 elections so as to give his movement seats in Parliament.
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