David Hains Net Worth 2024

David Hains Net Worth

David Hains, born in 1931 in Melbourne, Australia, is the patriarch of a successful family. His three sons, Richard, Stephen, and Michael, run his hedge fund, Portland House Group, with Richard overseeing managed funds and investment in New York and London, Stephen looking after bond holdings, and Michael 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 and breeding the 1990 Melbourne Cup winner Kingston Rule.
David Hains is a member of Finance and Investments

Age, Biography and Wiki

Birth Year	1931
Birth Place	Melbourne, Australia, Australia
Age	92 YEARS OLD
Residence	Melbourne, Victoria
Alma mater	University of Melbourne
Occupation	Businessman; investor; horse breeder
Board member of	Portland House Group
Children	5; (Richard, Stephen, Michael, Cathy, Paul)

💰 Net worth: $2.2 Billion (2024)

David Hains, a prominent figure in the finance and investments industry in Australia, is projected to have a net worth of approximately $2.2 billion by 2024. With his vast knowledge and expertise in finance and investments, Hains has made a significant impact on the Australian business landscape. As a successful investor, he has accumulated substantial wealth over the years, cementing his position as one of the wealthiest individuals in the country. His remarkable achievements and influential role in the finance sector have solidified his reputation as a trusted and successful figure in the Australian business community.

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

Some David Hains images

Biography/Timeline

1993

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.

2016

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.

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