Frank Lowy’s Ilona Yacht In Dubrovnik
The 73 m super yacht M/Y Ilona sailed in to Dubrovnik this morning adding a touch of glamour to the horizon. Ilona is owned by 82 year old Australian-Israeli businessman Frank Lowy.
Lowy’s super yacht is named after his mother and was built in 2004 and refurbed in 2006 and 2012.
In 2010, Business Review Weekly measured Lowy’s wealth at 5.04 billion Australian dollars, making him the wealthiest Australian. Lowy made his money developing shopping centres with the Westfield Group.