Lawrence Stroll's House

Lawrence Stroll is a clothing industry entrepreneur in Canada. He started with the Pierre Cardin line for women and children, then brought Ralph Lauren's women's and children's clothing to Canada, eventually developing that clothing line all through Europe.

Stroll and his Hong Kong business partner, Silas Chou, together built Sportswear Holdings Ltd. Chou's family owns one of the largest suppliers of textiles and yarns in Asia, Novel Denim. One of their first investments was acquiring a controlling stake in Tommy Hilfiger which at the time was unknown. The duo turned Hilfiger into an international phenomenon over the next 20 years, most notably in the 1990s and turned the brand into a $1.8-billion success. They capitalized on this success and moved investments into companies like Karl Lagerfeld, Pepe Jeans, and Michael Kors.

In 2002, Lawrence Stroll and Silas Chou signed a lease with Donald Trump for the first three floors of the corner of Trump Tower one of the largest retail lease transactions in Fifth Ave. history. They used that real estate to open up a New York location for Asprey & Garrard's (a centuries-old British company making luxury jewellery and leather) in 2003.

In 2003, Stroll and Chou acquired the majority of Michael Kors for roughly $100 million. They then renamed their business Michael Kors Holdings. They listed the company publicly in 2011. In 2017 they bought Jimmy Choo for $1 billion. In 2018, they bought Versace for $2.2 billion. With the Versace acquisition, Michael Kors Holdings will be renamed Capri Holdings.

Stroll earned a net worth of $2.7 billion over his impressive career. A pioneer in the fashion industry, Stroll also has a passion for racing cars, and has established a collection of Ferraris. His collection includes more than 30 Ferraris. In 2014 he paid $27.5 million for a rare 1967 Ferrari GTB N.A.R.T.. He also is one of the lucky few people on the planet who owns a Ferrari 250 GTO (there are only 36 left in the world). Lawrence Stroll has homes in London, Mont Tremblant, Westmount and Mustique, a private island in the Caribbean.