Frank Stronach

Frank Stronach

Born	Franz Strohsack (1932-09-06) 6 September 1932 (age 84) Kleinsemmering, Styria, Austria
Nationality	Austrian and Canadian
Occupation	Businessman Racehorse owner/breeder
Spouse(s)	Elfriede Sallmutter
Children	Belinda, Andrew
Awards	Thoroughbred horse racing awards: Sovereign Award for Outstanding Breeder (1997, 1998, 1999) Sovereign Award for Outstanding Owner (1993, 1994, 1997, 1998, 1999, 2002, 2003, 2005) Eclipse Award for Outstanding Breeder (2000, 2004, 2005, 2006, 2007, 2008) Eclipse Award for Outstanding Owner (1998, 1999, 2000, 2008)
Honours	Order of Canada (1999)

Frank Stronach, CM (born Franz Strohsack; 6 September 1932) is an Austrian and Canadian businessman and politician.

He is the founder of Magna International, an international automotive parts company based in Aurora, Ontario, Canada, Granite Real Estate, and Stronach Group, which specializes in horse-racing. With an estimated net worth of $CAD 3.12 billion (as of November 2013), Stronach was ranked by Canadian Business as the 19th wealthiest Canadian.

In 2011, he entered Austrian politics: founding the Stronach Institute to campaign for classical liberalism and against the euro. In 2012, he founded the political party Team Stronach for Austria.

Born as Franz Strohsack in Kleinsemmering, Styria, Austria to working-class parents, Stronach's childhood was marked by the Great Depression and the Second World War. At age 14, he left school to apprentice as a tool and die maker. In 1954, he arrived in Montreal, Quebec, and later moved to Ontario.

He married Elfriede Sallmutter, a fellow Austrian. They have two children: Belinda Stronach, a former Liberal (and previously Conservative) MP and former CEO of Magna, and Andrew Stronach, who is involved in thoroughbred horse racing, via the Adena Springs Farms breeding operations. He divides his time between Oberwaltersdorf, Austria and Aurora, Ontario.