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

BiographyEdit

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 lifeEdit

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 rankingsEdit

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

ReferencesEdit

  1. ^ a b c Bailey, Michael (30 May 2019). "Australia's 200 richest people revealed". The Australian Financial Review. Nine Publishing. Retrieved 31 May 2019.
  2. ^ a b c "#19 David Hains". Australia's 50 Richest 2019. Forbes. January 2019. Retrieved 10 October 2019.
  3. ^ a b c d e f g h i "Australia's 50 Richest People". Forbes Asia. 2016. Retrieved 8 June 2016.
  4. ^ a b c d "Australia's 40 Richest: David Hains". Forbes Asia. 2012.
  5. ^ a b Rosenberg, Hilary (2000). The Vulture Investors. John Wiley & Sons. p. 103.
  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.