Frank Stronach

Frank Stronach
CM
Frank Stronach CM
Leader of Team Stronach
	In office; 25 September 2012 – 31 December 2017
Preceded by	Party established
Succeeded by	Party dissolved
Personal details
Born	Franz Strohsack; 6 September 1932 (age 91); Kleinsemmering, Styria, Austria
Nationality	Austrian and Canadian
Spouse	Elfriede Sallmutter
Children	Belinda, Andrew
Occupation	Businessman; Racehorse owner/breeder
Awards	Order of Canada; (1999) ; Thoroughbred horse racing awards: Sovereign Award for Outstanding Owner; (1993, 1994, 1997, 1998, 1999, 2002, 2003, 2005); Sovereign Award for Outstanding Breeder; (1997, 1998, 1999); Eclipse Award for Outstanding Owner; (1998, 1999, 2000, 2008); Eclipse Award for Outstanding Breeder; (2000, 2004, 2005, 2006, 2007, 2008);

Frank Stronach CM (born 6 September 1932) is an Austro-Canadian billionaire businessman and politician.

He is the founder of Magna International, an international automotive parts company based in Aurora, Ontario, Canada, Granite Real Estate, and the Stronach Group. With an estimated net worth of $C3.06 billion (as of December 2017), Stronach was ranked by Canadian Business as the 31st richest Canadian.^[1]

In 2011, he entered Austrian politics: founding the Stronach Institute to campaign for a flat tax^[2] and lowering national debt.^[2] In 2012, he founded the political party Team Stronach for Austria.

In 2024, he was arrested and charged with 13 offenses, including rape, indecent assault on a female, eight counts of sexual assault and one of forcible confinement, involving 10 alleged victims.^[3]^[4]^[5]^[6] Police allege that the sexual assaults spanned from the 1980s to 2023.^[7]

^ "Canada's Richest People: Frank Stronach". Canadian Business. Retrieved 18 February 2021.
^ ^a ^b "Dafür stehen wir | Frank Stronach Institut". web.archive.org. 15 August 2012. Retrieved 6 July 2024.
^ Gillis, Wendy (28 June 2024). "Frank Stronach charged in sex assaults involving seven new victims, court documents indicate". Toronto Star. Retrieved 28 June 2024.
^ "Canadian businessman Frank Stronach charged in sex assault probe". CBC News. 7 June 2024. Retrieved 8 June 2024.
^ "Arrest made in Sexual Assault Investigation". Peel Regional Police. Retrieved 8 June 2024.
^ "Billionaire Frank Stronach charged with 8 more criminal counts including sexual assault, police say". CBC News. 26 June 2024. Retrieved 27 June 2024.
^ "Canadian billionaire Frank Stronach charged with for sexual assault". AP News. 7 June 2024. Retrieved 8 June 2024.

[1] "Canada's Richest People: Frank Stronach". Canadian Business. Retrieved 18 February 2021.

[:0-2] "Dafür stehen wir | Frank Stronach Institut". web.archive.org. 15 August 2012. Retrieved 6 July 2024.

[3] Gillis, Wendy (28 June 2024). "Frank Stronach charged in sex assaults involving seven new victims, court documents indicate". Toronto Star. Retrieved 28 June 2024.

[4] "Canadian businessman Frank Stronach charged in sex assault probe". CBC News. 7 June 2024. Retrieved 8 June 2024.

[5] "Arrest made in Sexual Assault Investigation". Peel Regional Police. Retrieved 8 June 2024.

[6] "Billionaire Frank Stronach charged with 8 more criminal counts including sexual assault, police say". CBC News. 26 June 2024. Retrieved 27 June 2024.

[7] "Canadian billionaire Frank Stronach charged with for sexual assault". AP News. 7 June 2024. Retrieved 8 June 2024.

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Frank Stronach CM


Leader of Team Stronach
In office 25 September 2012 – 31 December 2017
Preceded by	Party established
Succeeded by	Party dissolved

Personal details
Born	Franz Strohsack (1932-09-06) 6 September 1932 (age 91) Kleinsemmering, Styria, Austria
Nationality	Austrian and Canadian
Spouse	Elfriede Sallmutter
Children	Belinda, Andrew
Occupation	Businessman Racehorse owner/breeder
Awards	Order of Canada (1999) Thoroughbred horse racing awards: Sovereign Award for Outstanding Owner (1993, 1994, 1997, 1998, 1999, 2002, 2003, 2005) Sovereign Award for Outstanding Breeder (1997, 1998, 1999) Eclipse Award for Outstanding Owner (1998, 1999, 2000, 2008) Eclipse Award for Outstanding Breeder (2000, 2004, 2005, 2006, 2007, 2008)