Name
David Hains
David Hains
Melbourne, Australia
Bachelor of Science in Engineering, University of Melbourne
Australia
Investments, Self Made
$1,800,000,000
1227
#1227 Billionaires 2019
#19 Australia's 50 Richest 2019
David Hains owns hedge fund Portland House Group, which is now managed by three of his children.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 as a prominent racehorse breeder in Australia.Portland House's sole purpose is to manage the family's wealth.
He bred the 1990 Melbourne Cup winner racehorse Kingston Rule.
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