David Hains

David Hains (born circa 1931) is an Australian businessman and horse breeder.[3][4]

David Hains
Borncirca 1931 (age 88–89)
NationalityAustralian
Alma materUniversity of Melbourne
OccupationBusinessman; investor; horse breeder
Net worth
Board member ofPortland House Group
Children5

Biography

Hains graduated from the University of Melbourne.[4] He started his career as an engineer and in corporate restructuring.[3][5] Through his Portland House Group, Australia's biggest hedge fund that he manages with his children, Hains invests in equities, fixed interest, property and managed funds globally.[4][3][5] In 1993, he sold an investment to Wheeling-Pittsburgh Steel for US$107 million.[3]

Hains breeds horses at his Kingston Park Stud in Merricks North, Victoria.[4][3][6] His horses include Kingston Town, Lowan Star and Rose of Kingston.[3]

Personal life

Hains is married and has five children.[3] He once took a nine-year hiatus from his career to play golf.[3]

Hains is the father of Richard Hains, hedge fund manager and author of the novel Chameleon.[7]

Wealth rankings

In May 2019 The Australian Financial Review estimated Hains' net worth as A$2.90 billion as published in the Financial Review Rich List;[1] and in January 2019 his net worth was estimated by Forbes Asia as US$1.90 billion as published in the list of Australia's 50 richest people.[2][8][9] Hains is one of thirteen living Australians who have appeared in every Financial Review Rich List, or its predecessor, the BRW Rich 200, since it was first published in 1984.[10]

Year Financial Review
Rich List		 Forbes
Australia's 50 richest
Rank Net worth
A$ bn		 Rank Net worth
US$ bn
2011[11][12][13] 7 2.30 9 2.00
2012[14][15] 12 2.20 11 2.00
2013[16] 15 2.32
2014[17] 12 2.39
2015[18] 12 2.46
2016[19][3] 14 2.48 10 1.90
2017[20] 16 2.55
2018[21] 21 2.69
2019[1][2] 23 2.90 19 1.90
Legend
Icon Description
Has not changed from the previous year
Has increased from the previous year
Has decreased from the previous year
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References
  1. Bailey, Michael (30 May 2019). "Australia's 200 richest people revealed". The Australian Financial Review. Nine Publishing. Retrieved 31 May 2019.
  2. "#19 David Hains". Australia's 50 Richest 2019. Forbes. January 2019. Retrieved 10 October 2019.
  3. "Australia's 50 Richest People". Forbes Asia. 2016. Retrieved 8 June 2016.
  4. "Australia's 40 Richest: David Hains". Forbes Asia. 2012.
  5. Rosenberg, Hilary (2000). The Vulture Investors. John Wiley & Sons. p. 103. David Hains australia.
  6. "Kingston Park Studs". Archived from the original on 20 March 2012. Retrieved 22 January 2013.
  7. "Richard Hains a thriller unmasked". Herald Sun. 1 June 2007. Retrieved 14 April 2019.
  8. "Forbes Billionaires". The Australian.
  9. D'Angelo Fisher, Leo (25 May 2011). "Gift of Gifting a Hard Sell". BRW.
  10. Thomson, James (22 May 2013). "Celebrating 30 years of the Rich 200". BRW Rich 200. Archived from the original on 27 July 2014. Retrieved 22 May 2013.
  11. "The list - BRW Rich 200 2011". Financial Review. Australia. May 2011. Retrieved 8 June 2016.
  12. "#9 David Hains". Forbes Asia. 2011. Retrieved 8 June 2016.
  13. "Australia's 40 Richest". Forbes Asia. 3 March 2010. Retrieved 8 June 2016.
  14. "The list - BRW Rich 200 2012". Financial Review. Australia. 24 May 2012. Retrieved 8 June 2016.
  15. "#11 David Hains". 2012 Australia's 40 Richest. Forbes Asia. 1 February 2012. Retrieved 8 June 2016.
  16. >Stensholt, John, ed. (May 2015). "BRW Rich 200 List 2013". Financial Review. Australia. Retrieved 7 June 2016.
  17. Stensholt, John, ed. (May 2015). "BRW Rich 200 List 2014". Financial Review. Australia. Retrieved 7 June 2016.
  18. Stensholt, John, ed. (May 2015). "BRW Rich 200 List 2015". Financial Review. Australia. Retrieved 7 June 2016.
  19. Stensholt, John, ed. (27 May 2016). "BRW Rich 200 List 2016". Financial Review. Australia. Retrieved 7 June 2016.
  20. Stensholt, John, ed. (25 May 2017). "Financial Review Rich List 2017". Financial Review. Retrieved 8 June 2017.
  21. Stensholt, John (25 May 2018). "2018 AFR Rich List: Who are Australia's richest people?". The Australian Financial Review. Fairfax Media. Retrieved 26 May 2018.
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