Frank Hasenfratz
Frank Hasenfratz, CM (born 1935) is a Hungarian-born Canadian billionaire businessman, the founder and owner of the car parts maker Linamar.
Frank Hasenfratz | |
|---|---|
| Born | 1935 (age 85–86) Szár, Hungary |
| Nationality | Canadian |
| Occupation | Businessman |
| Title | Chairman, Linamar |
| Spouse(s) | Margaret (deceased) |
| Children | 2 daughters, including Linda |
Early life
Hasenfratz was born in 1935 in Szár, Hungary.[1] He left Hungary in May 1957 and arrived in Quebec City, Canada, after the failed Hungarian Revolution of 1956.[2]
Career
He started a one-man machine shop in his basement in 1964, and then incorporated in 1966 under the name Linamar after his two daughters Linda (current Linamar CEO), Nancy and his wife Margaret.[3]
As of 2015, the company now employed 19,000 people at 45 plants, and it is from Hasenfratz's 23.6% stake in the company, plus share sales, dividends, and other asset groupings that he had a net worth of approximately $1 billion.[3]
Honours
In 2014, he was made a member of the Order of Canada "for his contributions to Canada’s manufacturing industry and for his philanthropic initiatives".[4]
Personal life
Hasenfratz is widowed from his marriage to Margaret.[3] He has two daughters, Linda and Nancy, and lives in Guelph, Ontario, Canada.[3]
References
- András Baráth - Linamar – ismerd meg a Magyarországon is aktív multinacionális vállalat magyar alapítójának történetét
- Hugo Miller (21 May 2014). "Hungarian Refugee Becomes Car Parts Billionaire in Canada". Bloomberg LP. Retrieved 5 September 2018.
- General, The Office of the Secretary to the Governor. "The Governor General of Canada". gg.ca. Retrieved 5 September 2018.