Frank Stronach, CM (born Franz Strohsack, 6 September 1932) 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.
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.
Read more about Frank Stronach: Early Life and Family, Business Career, Thoroughbred Horse Racing, Football, Hurricane Katrina, Honours