Michael Heine
$1.82B
as of 07/05/24
About Michael Heine
Michael Heine started Netwealth in 1999 with his brother Leslie.
Michael worked with his father Walter in international financing, mortgage lending and property development, then started a fund-management business in 1982.
He sold his business in 1999 and launched Netwealth, which went public in 2017 and now has more than A$71 billion in funds under management.
Netwealth provides products and services to financial advisers and individuals.
Heine resigned as co-managing director of Netwealth in October 2022 but remains director. His son, Matt, is managing director and CEO.
Personal stats
Citizenship
AustraliaSource of wealth
Financial servicesResidence
Melbourne, AustraliaMarital status
MarriedBirth date
11/10/49 (age 74)Number of children
2Self-made
self-madeMichael Heine’s fortune is worth
30K
troy ounces of gold
28K
median U.S. household
18K
median U.S. income
0.036%
U.S. credit card volume
0.007%
GDP of the United States
0.005%
United States debt
Net worth history
Annual ranking
Related people
Did you know?
Michael's father, Walter, built a steel-trading business, Heine Bros., after fleeing Nazi Germany. It expanded into property and mortgage lending.
Net worth over time
Real-time ranking
Financial assets
ASX | NWL-AU
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