David Hains

David Hains
Born circa 1931 (age 86–87)
Residence Melbourne, Victoria
Nationality Australian
Alma mater University of Melbourne
Occupation Businessman; investor; horse breeder
Net worth
Board member of Portland House Group
Children 5; (Richard, Stephen, Michael, Cathy, Paul)

David Hains (born circa 1931) is an Australian businessman and horse breeder.[2][3]

Biography

Hains graduated from the University of Melbourne.[3] He started his career as an engineer and corporate restructurer.[2][4] Through his Portland House Group, he invests in equities, fixed interest, property and managed funds globally.[2][3][4] It is Australia's biggest hedge fund.[3] He runs it with his children.[3] In 1993, he sold an investment to Wheeling-Pittsburgh Steel for US$107 million.[2]

He breeds horses at his Kingston Park Stud in Merricks North, Victoria.[2][3][5] His horses include Kingston Town, Lowan Star and Rose of Kingston.[2]

Personal life

Hains is married and has five children.[2] He once took a nine-year hiatus from his career to play golf.[2]

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.[2][6][7]

Year BRW Rich 200 Forbes Australia's 50 Richest
Rank Net worth (A$) Rank Net worth (US$)
2011[8][9][10] 7 Decrease $2.30 billion Increase 9 Increase $2.00 billion Increase
2012[11][12] 12 Steady $2.20 billion Decrease 11 Decrease $2.00 billion Steady
2013[13] 15 Decrease $2.32 billion Increase
2014[14] 12 Increase $2.39 billion Increase
2015[15] 12 Steady $2.46 billion Increase
2016[1][2] 14 Decrease $2.48 billion Increase 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

References

  1. 1 2 Stensholt, John, ed. (27 May 2016). "BRW Rich 200 List 2016". Financial Review. Australia. Retrieved 7 June 2016.
  2. 1 2 3 4 5 6 7 8 9 10 11 "Australia's 50 Richest People". Forbes Asia. 2016. Retrieved 8 June 2016.
  3. 1 2 3 4 5 6 "Australia's 40 Richest: David Hains". Forbes Asia. 2012.
  4. 1 2 Rosenberg, Hilary (2000). The Vulture Investors. John Wiley & Sons. p. 103.
  5. ↑ Kingston Park Studs
  6. ↑ "Forbes Billionaires". The Australian.
  7. ↑ D'Angelo Fisher, Leo (25 May 2011). "Gift of Gifting a Hard Sell". BRW.
  8. ↑ "The list - BRW Rich 200 2011". Financial Review. Australia. May 2011. Retrieved 8 June 2016.
  9. ↑ "#9 David Hains". Forbes Asia. 2011. Retrieved 8 June 2016.
  10. ↑ "Australia's 40 Richest". Forbes Asia. 3 March 2010. Retrieved 8 June 2016.
  11. ↑ "The list - BRW Rich 200 2012". Financial Review. Australia. 24 May 2012. Retrieved 8 June 2016.
  12. ↑ "#11 David Hains". 2012 Australia's 40 Richest. Forbes Asia. 1 February 2012. Retrieved 8 June 2016.
  13. ↑ >Stensholt, John, ed. (May 2015). "BRW Rich 200 List 2013". Financial Review. Australia. Retrieved 7 June 2016.
  14. ↑ Stensholt, John, ed. (May 2015). "BRW Rich 200 List 2014". Financial Review. Australia. Retrieved 7 June 2016.
  15. ↑ Stensholt, John, ed. (May 2015). "BRW Rich 200 List 2015". Financial Review. Australia. Retrieved 7 June 2016.


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