David Hains
#1560

David Hains

Australia 95 years old Self-Made

Overview

Source of Wealth
Investments
Residence
Education
University of Melbourne (Bachelor of Science in Engineering)
Children
5

Biography

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.

About

He bred the 1990 Melbourne Cup winner racehorse Kingston Rule.