Politics
Austria: A Billionaire Takes a Political Turn
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It’s a rags-to-riches story - when Frank Stronach emigrated to Canada in the 1950s, his first job was washing dishes and peeling potatoes in a hospital kitchen. Stronach went on to found Magna, one of the world’s leading suppliers to the automotive industry. After returning to Austria some years ago, the auto parts magnate recently launched a new political party there.