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David Hains

David Hains Australian businessman

Australian businessman
The basics
Quick Facts
Intro Australian businessman
Is Athlete Golfer
From Australia
Type Sports
Gender male
The details
Biography

David Hains (born circa 1931) is an Australian businessman and horse breeder.

Biography

Hains graduated from the University of Melbourne. He started his career as an engineer and corporate restructurer. Through his Portland House Group, he invests in equities, fixed interest, property and managed funds globally. It is Australia's biggest hedge fund. He runs it with his children. In 1993, he sold an investment to Wheeling-Pittsburgh Steel for US$107 million.

He breeds horses at his Kingston Park Stud in Merricks North, Victoria. His horses include Kingston Town, Lowan Star and Rose of Kingston.

Personal life

Hains is married and has five children. He once took a nine-year hiatus from his career to play golf.

Wealth rankings

According to the BRW Rich 200, Hains' net worth was estimated as US$2.48 billion in May 2016; and by Forbes Asia his net worth was estimated as US$1.90 billion in January 2016.

Year BRW Rich 200 Forbes Australia's 50 Richest
Rank Net worth (A$) Rank Net worth (US$)
2011 7000700000000000000♠7 Decrease $2.30 billion Increase 7000900000000000000♠9 Increase $2.00 billion Increase
2012 7001120000000000000♠12 Steady $2.20 billion Decrease 7001110000000000000♠11 Decrease $2.00 billion Steady
2013 7001150000000000000♠15 Decrease $2.32 billion Increase
2014 7001120000000000000♠12 Increase $2.39 billion Increase
2015 7001120000000000000♠12 Steady $2.46 billion Increase
2016 7001140000000000000♠14 Decrease $2.48 billion Increase 7001100000000000000♠10 $1.90 billion
Legend
Icon Description
Steady Has not changed from the previous year
Increase Has increased from the previous year
Decrease Has decreased from the previous year
The contents of this page are sourced from Wikipedia article. The contents are available under the CC BY-SA 4.0 license.
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