David Hains Biography/Career
David Hains is a horse breeder and businessman from Australia.
Hains received his bachelor’s degree from the University of Melbourne. He began his career as an engineer and then moved on to corporate restructuring. Hains invests globally in equities, fixed income, property, and managed funds through his Portland House Group, Australia’s largest hedge fund, which he manages with his children. He sold an investment to Wheeling-Pittsburgh Steel for US$107 million in 1993.
At his Kingston Park Stud in Merricks North, Victoria, Hains breeds horses.
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Kingston Town, Lowan Star, and Rose of Kingston are among his horses.
David Hains Personal Life
Hains is married and the father of five children. He once took a nine-year break from his career to pursue his passion for golf.
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Richard Hains, hedge fund manager and author of the novel Chameleon, is the father of Hains.
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David Hains Net Worth
In January 2019, Forbes Asia estimated his net worth to be US$1.90 billion, as published in the list of Australia’s 50 richest people, and it remains so as of 2022.