David Hains’s profile picture

David Hains

David Hains’s profile picture
Net worth 2018: $2.05 Billion
Residence: Melbourne, Australia
Country: Australia
BirthDay: 1931
Children: 5
Education: Bachelor of Science in Engineering, University of Melbourne
BIOGRAPHY

David Hains was bornon 1931 in Melbourne, Australia, Australia. David Hains is #1173 in List Billionaires People In The World. Three of David Hains' sons now run his hedge fund, Portland House Group. Richard oversees managed funds and investment in New York and London; Stephen looks after bond holdings; and Michael is in charge of equities. His daughter, Cathy, breeds racehorses, and his other son, Paul, founded online magazine Aeon in London. A former engineer, Hains stopped working for seven years in the late 1960s to improve his golf game with legendary Australian coach Norman Von Nida. He later became known for restructuring companies such as U.S. steelmaker Wheeling-Pittsburgh. He bred the 1990 Melbourne Cup winner Kingston Rule.

NET WORTH STATISTIC
2011

$2 Billion

2012

$2 Billion

2013

$2.3 Billion

2014

$2.1 Billion

2015

$2 Billion

2016

$1.9 Billion

2017

$2 Billion

2018

$2.05 Billion

TIMELINE
1993

In 1993, he sold an investment to Wheeling-Pittsburgh Steel for US$107 million

1931

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

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