David Hains

$1.92B

as of 01/22/23

About David Hains

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.

Personal stats

Citizenship

Australia

Source of wealth

Investments

Birth date

08/19/30

Number of children

Education

Bachelor of Science in Engineering, University of Melbourne

Self-made

self-made

David Hains’s fortune is worth

32K

troy ounces of gold

30K

median U.S. household

19K

median U.S. income

0.038%

U.S. credit card volume

0.008%

GDP of the United States

0.006%

United States debt

Net worth history

Annual ranking

Did you know?

He bred the 1990 Melbourne Cup winner racehorse Kingston Rule.