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Inside Canadian billionaire Lawrence Stroll’s crazy rich life: he owns the Aston Martin F1 team, epic superyachts and a vintage Ferrari collection

Stroll made his millions in fashion and then indulged in his true passion – fast cars. Now his son is involved too... Photo: @lawrence_stroll/Instagram

The Canadian billionaire made his fortune in fashion before becoming a racing boss, and loves to splash his cash on an enviable collection of vintage vehicles and properties. But he’s not the only one enjoying the fruits of his labour – his family sure does, too.

Here’s everything you need to know about his luxurious lifestyle.

Lawrence Stroll is worth US$3 billion

Lawrence Stroll’s smart early investments in Michael Kors and Tommy Hilfiger have made him a fortune. Photo: @F1_Jordan/Twitter

Stroll made his fortune by selling his shares in Tommy Hilfiger and Michael Kors and he masterminded the latter’s hugely successful IPO alongside Hong Kong tycoon Silas Chou in 2011. He followed in his father’s footsteps too; Leo Strulovitch was the man who brought Ralph Lauren and Pierre Cardin to the masses in Canada. (The Stroll name is short for Strulovitch.)

He owns one of the most expensive cars ever sold

Lawrence Stroll, 62, began in the fashion industry, but has a passion for fast cars and Formula 1. Photo: @Jas_SV5/Twitter
Of course, he splurges his fortune on some truly impressive buys. His toys include yachts – he once owned a 96-metre, US$200 million superyacht that the likes of Michael Douglas and Catherine Zeta-Jones have been seen lounging on – and he is reportedly building an even bigger one. He also has a vintage Ferrari collection that includes one of the world’s most expensive ever cars – a Ferrari 250 GTO worth US$70 million.

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Lawrence Stroll is part owner of the Aston Martin Formula 1 team. Photo: @NetoDemetriou/Twitter
He bought the Formula One racing team Force India in 2018 (now named Racing Point F1 Team) and, since early 2020, is now also part owner of the Aston Martin Formula 1 team after investing US$250 million for a 16.7 per cent stake. He hasn’t completely left the world of fashion behind though, and still has shares in London jeweller Asprey & Garrard (once the supplier to the British royals).

His wife and ex are both fashion designers

Claire-Anne Stroll is a successful fashion designer. Photo: @evitastyle/Instagram

The billionaire’s first wife, Belgian-born businesswoman Claire-Anne Callens, is the mother of his two children Lance and Chloe, and started activewear label Callens in 2015.

The 62-year-old then wed a much younger woman, 35-year-old Brazilian fashion designer Raquel Diniz, in 2016. Fans of her clothing include Princess Marie of Denmark and Emily Blunt.
Lawrence Stroll with his children and their mother, Claire-Anne Stroll. Photo: @f1fiend/Twitter

The pair got hitched on the Caribbean island of Mustique, where Stroll owns a US$100 million property. He also owns homes in London, Quebec and Geneva, where he lives.

His daughter Chloe is an F1 heiress

Lawrence Stroll’s daughter, Chloe Stroll, is a singer. Photo: @chloestroll/Instagram

Stroll’s 26-year-old daughter Chloe is a singer who is often seen at Grand Prix events. She released a single titled Surrender in 2012 and is engaged to Australian snowboarder Scotty James, who proposed to her in November 2021 after two years of dating.

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Lawrence’s son, Lance, was the one who introduced his sister to James, who won bronze in the men’s half-pipe 2018 Winter Olympics in Pyeongchang, South Korea. The pair have gone on dates in many cities including New York and Park City, Utah, before they made it official.

His son Lance has a rumoured net worth of US$50 million

Lance Stroll reportedly earns around US$10 million a year. Photo: @lance_stroll/Instagram

Lance is an F1 driver believed to be making an annual salary of US$10 million on the Aston Martin team. At just 18, he became the youngest driver to start an F1 race in the first row of the grid back in 2017. And while some have accused the Strolls of nepotism, Lance insists that he has achieved his championship successes due to his talent, not his father.

That may be so, but it’s notable that he joined the Williams Racing team when Stroll invested in it, then joined his father’s Racing Point and now Aston Martin, where his dad is the team’s executive chairman.

Lance Stroll and his girlfriend Sara Pagliaroli, who posted this photo alongside several others of the F1 driver. Photo: @sarapagliaroli/Instagram

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The 23-year-old French and English speaker was rumoured to be dating Made In Chelsea star Kimberley Garner in 2017, after the swimwear designer was spotted with him on his father’s yacht. However, his current girlfriend is Italian model Sara Pagliaroli.

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  • His son Lance is an F1 driver for his Aston Martin team, while his daughter Chloe is a singer who recently got engaged to Olympic snowboarder Scotty James
  • With superyachts worth US$200 million and cars worth US$70 million, Stroll’s early investments in Tommy Hilfiger and Michael Kors appear to have paid off royally