Frank Lowy is an Australia based businessman, who has been ranked as one of the wealthiest people in the country. He co-founded Westfield Group, the company that operates more than 100 shopping centers across Australia, UK, US and New Zealand. BRW magazine ranked him the 4th richest man in Australia. He turned 80 in 2011, after which he became non-executive chairman of the group, and his sons Peter and Steven took over as joint chief executives.
Born in Slovakia, Frank lived in Hungary during the World War II. In 1952, he left Israel and reached Australia, where his family started a business of delivering small items to consumers. In the year 1953, he met John Saunders, with whom he partnered to create Westfield Development Corporation. The first shopping center they developed was at Blacktown in the western suburbs of Sydney.