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{{short description|Australian businessman and horse breeder (born 1931)}}
{{Short description|Australian businessman and horse breeder (1931-2023)}}
{{Distinguish|David Haines (disambiguation){{!}}David Haines}}
{{Distinguish|David Haines (disambiguation){{!}}David Haines}}
{{Use Australian English|date=June 2016}}
{{Use Australian English|date=June 2016}}
{{Use dmy dates|date=June 2016}}
{{Use dmy dates|date=January 2023}}
{{Infobox person
{{Infobox person
| honorific_prefix =
| honorific_prefix =
| name = David Hains
| name = David Hains
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| image = <!-- filename only, no "File:" or "Image:" prefix, and no enclosing [[brackets]] -->
| honorific_suffix =
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| image = <!-- filename only, no "File:" or "Image:" prefix, and no enclosing [[brackets]] -->
| image_size =
| alt =
| alt =
| caption =
| caption =
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| birth_date = {{circa|1931}}
| birth_name = <!-- only use if different from name above -->
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| birth_place = Australia
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| birth_date = ''[[Wiktionary:circa|circa]]'' {{birth year|1931}}
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| death_date = {{Death date|2023|01|22|df=yes}} (age&nbsp;92)
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| birth_place =
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| death_place = Melbourne, Australia
| baptised = <!-- will not display if birth_date is entered -->
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| nationality = [[Australian citizenship]]
| disappeared_date = <!-- {{disappeared date and age|YYYY|MM|DD|YYYY|MM|DD}} (disappeared date then birth date) -->
| disappeared_place =
| disappeared_status =
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| death_date = January 2023 (aged 92)
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| death_place =
| death_cause =
| body_discovered =
| resting_place =
| resting_place_coordinates = <!-- {{coord|LAT|LONG|type:landmark|display=inline}} -->
| burial_place = <!-- may be used instead of resting_place and resting_place_coordinates (displays "Burial place" as label) -->
| burial_coordinates = <!-- {{coord|LAT|LONG|type:landmark|display=inline}} -->
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| nationality = Australian
| other_names =
| education =
| alma_mater = [[University of Melbourne]]
| alma_mater = [[University of Melbourne]]
| occupation = Businessman; investor; horse breeder
| occupation = Billionaire businessman; investor; horse breeder
| years_active =
| years_active =
| known_for =
| known_for =
| boards = Portland House Group
| boards = Portland House Group
| spouse = <!-- Use article title or common name -->
| spouse = Helen Hains
| children = 5
| children = 5
| parents = <!-- overrides mother and father parameters -->
| mother = <!-- may be used (optionally with father parameter) in place of parents parameter (displays "Parent(s)" as label) -->
| father = <!-- may be used (optionally with mother parameter) in place of parents parameter (displays "Parent(s)" as label) -->
| relatives =
| awards =
| website = <!-- {{URL|example.com}} -->
| footnotes =
}}
}}


'''David Hains''' (''[[Wiktionary:circa|circa]]'' 1931 – January 2023) was an Australian businessman, engineer and horse breeder.<ref name="forbes2016">{{cite web |url=https://www.forbes.com/australia-billionaires/list/#tab:overall |title=Australia's 50 Richest People |work=[[Forbes Asia]] |date=2016 |access-date=8 June 2016}}</ref><ref name="forbes40-2012">{{cite web |url=https://www.forbes.com/lists/2012/78/australia-billionaires-12_David-Hains_R53H.html |work=[[Forbes Asia]] |title=Australia's 40 Richest: David Hains |date=2012 }}</ref> He is the founder and former CEO of Portland House Group, Australia’s largest private investments management firm and [[hedge fund]]. According to Forbes, Hains has a personal net-worth of an estimated $2.89 billion making him Australia’s 18th richest person.
'''David Hains''' ({{circa|1931}} – 22 January 2023) was an Australian businessman, engineer, and horse breeder.<ref name="forbes2016">{{cite web |url=https://www.forbes.com/australia-billionaires/list/#tab:overall |title=Australia's 50 Richest People |work=[[Forbes Asia]] |date=2016 |access-date=8 June 2016}}</ref><ref name="forbes40-2012">{{cite web |url=https://www.forbes.com/lists/2012/78/australia-billionaires-12_David-Hains_R53H.html |work=[[Forbes Asia]] |title=Australia's 40 Richest: David Hains |date=2012 }}</ref> He was the founder and once CEO of Portland House Group, Australia’s largest private investments management firm and [[hedge fund]]. According to [[Forbes]], Hains had at the time of his death a personal net-worth of around $2&nbsp;[[1,000,000,000|billion]], making him one of Australia’s richest person.<ref>[https://www.forbes.com/profile/hains/ 2024 Australia's 50 Richest Net Worth]. ''Forbes''. 2024.</ref>


==Biography==
==Biography==
Hains graduated from the [[University of Melbourne]].<ref name="forbes40-2012"/> He started his career as an engineer and in corporate restructuring.<ref name="forbes2016"/><ref name="hilary">{{cite book |first=Hilary |last=Rosenberg |title=The Vulture Investors |publisher=John Wiley & Sons |year=2000 |page=[https://archive.org/details/vultureinvestors00rose/page/103 103] |isbn=9780471361893 |url=https://archive.org/details/vultureinvestors00rose |url-access=registration |quote=David Hains australia. }}</ref> Through his Portland House Group, Australia's biggest [[hedge fund]] that he manages with his children, Hains invests in equities, fixed interest, property and managed funds globally.<ref name="forbes40-2012"/><ref name="forbes2016"/><ref name="hilary"/> In 1993, he sold an investment to [[Wheeling-Pittsburgh Steel]] for {{USD}}107&nbsp;million.<ref name="forbes2016"/>
Hains graduated from the [[University of Melbourne]].<ref name="forbes40-2012"/> He started his career as an engineer and in corporate restructuring.<ref name="forbes2016"/><ref name="hilary">{{cite book |first=Hilary |last=Rosenberg |title=The Vulture Investors |publisher=John Wiley & Sons |year=2000 |page=[https://archive.org/details/vultureinvestors00rose/page/103 103] |isbn=9780471361893 |url=https://archive.org/details/vultureinvestors00rose |url-access=registration |quote=David Hains australia. }}</ref> In the 1960s, he took a seven-year hiatus from his career to play golf.<ref>{{Cite web |title=David Hains |url=https://www.forbes.com/profile/david-hains/ |access-date=2023-01-23 |website=Forbes |language=en}}</ref>


Through his Portland House Group, Australia's biggest [[hedge fund]] that he managed with his children, Hains invested in equities, fixed interest, property and managed funds globally.<ref name="forbes40-2012" /><ref name="forbes2016" /><ref name="hilary" /> In 1993, he sold an investment to [[Wheeling-Pittsburgh Steel]] for {{USD}}107&nbsp;million.<ref name="forbes2016" />
⚫
Hains breeds horses at his Kingston Park Stud in {{VICcity|Merricks North}}, Victoria.<ref name="forbes40-2012"/><ref name="forbes2016"/><ref name="kingston">{{Cite web |url=http://www.kingstonparkstuds.com.au/#about |title=Kingston Park Studs |access-date=22 January 2013 |archive-url=https://web.archive.org/web/20120320062428/http://www.kingstonparkstuds.com.au/#about |archive-date=20 March 2012 |url-status=dead }}</ref> His horses include [[Kingston Town (horse)|Kingston Town]], Lowan Star and [[Rose of Kingston]].<ref name="forbes2016"/>


⚫
Hains bred horses at his Kingston Park Stud in {{VICcity|Merricks North}}, Victoria.<ref name="forbes40-2012"/><ref name="forbes2016"/><ref name="kingston">{{Cite web |url=http://www.kingstonparkstuds.com.au/#about |title=Kingston Park Studs |access-date=22 January 2013 |archive-url=https://web.archive.org/web/20120320062428/http://www.kingstonparkstuds.com.au/#about |archive-date=20 March 2012 |url-status=dead }}</ref> His horses include [[Kingston Town (horse)|Kingston Town]], Lowan Star and [[Rose of Kingston]].<ref name="forbes2016"/>
⚫
==Personal life==
Hains was married and has five children.<ref name="forbes2016"/> He once took a nine-year hiatus from his career to play golf.<ref name="forbes2016"/>


⚫
==Personal life and death==
Hains is the father of Richard Hains, hedge fund manager and author of the novel [[Chameleon (novel)|''Chameleon'']].<ref name=":1">{{Cite news|url=https://www.heraldsun.com.au/news/victoria/richard-hains-a-thriller-unmasked/news-story/8498343b23fb61153029932efc0df613|title=Richard Hains a thriller unmasked|date=June 1, 2007|work=Herald Sun|access-date=April 14, 2019}}</ref>
Hains was married to Helen Hains and had five children.<ref name=":0">{{cite web|url=https://www.racenet.com.au/news/kingston-towns-billionaire-owner-david-hains-dies-aged-92-20230122|title=Kingston Town's billionaire owner dies, aged 92|work=Racenet|date=22 January 2023|access-date=22 January 2023}}</ref> His son Richard Hains is a hedge fund manager and author of the novel [[Chameleon (novel)|''Chameleon'']].<ref name=":1">{{Cite news|url=https://www.heraldsun.com.au/news/victoria/richard-hains-a-thriller-unmasked/news-story/8498343b23fb61153029932efc0df613|title=Richard Hains a thriller unmasked|date=1 June 2007|work=Herald Sun|access-date=14 April 2019}}</ref> Helen Hains died on 24 August 2017.<ref name=":0" />


Hains died on 22 January 2023, at the age of 92.<ref>{{Cite web |last=Bailey |first=Michael |last2=Thomson |first2=James |date=2023-01-23 |title=James Packer, Lloyd Williams lead tributes to David Hains |url=https://www.afr.com/rich-list/james-packer-lloyd-williams-lead-tributes-to-david-hains-20230123-p5ceos |access-date=2023-01-23 |website=Australian Financial Review |language=en}}</ref>
His death was announced on 22 January 2023. He was 92.<ref>{{cite web|url=https://www.racenet.com.au/news/kingston-towns-billionaire-owner-david-hains-dies-aged-92-20230122|title=Kingston Town's billionaire owner dies, aged 92|work=Racenet|date=22 January 2023|access-date=22 January 2023}}</ref>


===Wealth rankings===
===Wealth rankings===
In May 2019 ''[[The Australian Financial Review]]'' estimated Hains' [[net worth]] as {{AUD}}2.90&nbsp;billion as published in the ''[[Financial Review Rich List]]'';<ref name="afr2019"/> and in January 2019 his net worth was estimated by ''[[Forbes Asia]]'' as {{USD}}1.90&nbsp;billion as published in the [[List of Australians by net worth|list of Australia's 50 richest people]].<ref name="forbes2019"/><ref>{{cite news |url=http://www.theaustralian.com.au/life/gallery-e6frg9zo-1226019117642?page=27 |work=[[The Australian]] |title=Forbes Billionaires }}</ref><ref>{{cite news |author=D'Angelo Fisher, Leo |url=http://www.brw.com.au/p/sections/features/gift_of_giving_tough_sell_OwIg0ql99RSzol0Z1LJIxI |title=Gift of Gifting a Hard Sell |work=[[BRW (magazine)|BRW]] |date=25 May 2011 }}</ref> {{as of|2021|05}}, Hains was one of ten Australians who have appeared in every ''Financial Review Rich List'', or its predecessor, the ''BRW Rich 200'', since it was first published in 1984.<ref name="afr2021"/><ref name="BRW2013-Thomson">{{cite journal|url=http://www.brw.com.au/p/lists/rich-200/2013/celebrating_years_of_the_rich_EnUWZtuD02H4jYBFx0e3MM|last=Thomson|first=James|date=22 May 2013|access-date=22 May 2013|title=Celebrating 30 years of the Rich 200|journal=BRW Rich 200|archive-url=https://web.archive.org/web/20140727170000/http://www.brw.com.au/p/lists/rich-200/2013/celebrating_years_of_the_rich_EnUWZtuD02H4jYBFx0e3MM|archive-date=27 July 2014|url-status=dead}}</ref>
In May 2019, ''[[The Australian Financial Review]]'' estimated Hains' [[net worth]] as {{AUD}}2.90&nbsp;billion as published in the ''[[Financial Review Rich List]]'';<ref name="afr2019"/> and in January 2019 his net worth was estimated by ''[[Forbes Asia]]'' as {{USD}}1.90&nbsp;billion as published in the [[List of Australians by net worth|list of Australia's 50 richest people]].<ref name="forbes2019"/><ref>{{cite news |url=http://www.theaustralian.com.au/life/gallery-e6frg9zo-1226019117642?page=27 |work=[[The Australian]] |title=Forbes Billionaires }}</ref><ref>{{cite news |author=D'Angelo Fisher, Leo |url=http://www.brw.com.au/p/sections/features/gift_of_giving_tough_sell_OwIg0ql99RSzol0Z1LJIxI |title=Gift of Gifting a Hard Sell |work=[[BRW (magazine)|BRW]] |date=25 May 2011 }}</ref> {{as of|2021|05}}, Hains was one of ten Australians who had appeared in every ''Financial Review Rich List'', or its predecessor, the ''BRW Rich 200'', since it was first published in 1984,<ref name="afr2021"/><ref name="BRW2013-Thomson">{{cite journal|url=http://www.brw.com.au/p/lists/rich-200/2013/celebrating_years_of_the_rich_EnUWZtuD02H4jYBFx0e3MM|last=Thomson|first=James|date=22 May 2013|access-date=22 May 2013|title=Celebrating 30 years of the Rich 200|journal=BRW Rich 200|archive-url=https://web.archive.org/web/20140727170000/http://www.brw.com.au/p/lists/rich-200/2013/celebrating_years_of_the_rich_EnUWZtuD02H4jYBFx0e3MM|archive-date=27 July 2014|url-status=dead}}</ref> until his death in 2023. In 2023, the ''Financial Review'', assessed the net worth of Hains' descendants, Stephen, Richard and Michael Hains and family, at {{AUD}}2.88&nbsp;billion.<ref name="afr2023"/>


{{columns-start}}
{{columns-start}}
{| class="wikitable"
{| class="wikitable"
! rowspan=2 | Year
! rowspan=2 | Year
! colspan=2 width=40% | ''[[Australian Financial Review|Financial Review]]''<br/>[[Financial Review Rich List|Rich List]]
! colspan=2 | ''[[Australian Financial Review|Financial Review]]''<br/>[[Financial Review Rich List|Rich List]]
! colspan=2 width=40% | ''[[Forbes (magazine)|Forbes]]''<br/>{{nowrap|[[List of Australians by net worth|Australia's 50 richest]]}}
! colspan=2 | ''[[Forbes (magazine)|Forbes]]''<br/>{{nowrap|[[List of Australians by net worth|Australia's 50 richest]]}}
|-
|-
! Rank
! Rank
! [[Net worth]]<br/>{{AUD}}&nbsp;[[1,000,000,000|bn]]
! [[Net worth]]<br/>{{AUD}}
! Rank
! Rank
! Net worth<br/>{{USD}}&nbsp;bn
! Net worth<br/>{{USD}}
|-
|-
| 2011<ref name="brw-2011">{{cite news|url=http://www.afr.com/business/david-hains--family-20120523-jyv7n?hl|title=The list - BRW Rich 200 2011|date=May 2011 |work=[[Financial Review]] |location=Australia |access-date=8 June 2016}}</ref><ref name=Forbes-2011>{{cite news|url=https://www.forbes.com/lists/2011/78/australia-billionaires-11_land.html |title=#9 David Hains |date=2011|work=[[Forbes Asia]]|access-date=8 June 2016}}</ref><ref name=Forbes-2010>{{cite news|url=https://www.forbes.com/lists/2010/78/australia-rich-10_Australias-40-Richest_Networth.html |title=Australia's 40 Richest |date=3 March 2010|work=[[Forbes Asia]]|access-date=8 June 2016}}</ref>
| 2011<ref name="brw-2011">{{cite news|url=http://www.afr.com/business/david-hains--family-20120523-jyv7n?hl|title=The list - BRW Rich 200 2011|date=May 2011 |work=[[Financial Review]] |location=Australia |access-date=8 June 2016}}</ref><ref name=Forbes-2011>{{cite news|url=https://www.forbes.com/lists/2011/78/australia-billionaires-11_land.html |title=#9 David Hains |date=2011|work=[[Forbes Asia]]|access-date=8 June 2016}}</ref><ref name=Forbes-2010>{{cite news|url=https://www.forbes.com/lists/2010/78/australia-rich-10_Australias-40-Richest_Networth.html |title=Australia's 40 Richest |date=3 March 2010|work=[[Forbes Asia]]|access-date=8 June 2016}}</ref>
| align="center" | {{nts|7}} {{decrease}}
| align="center" | {{nts|7}} {{decrease}}
| align="right" | 2.30 {{increase}}
| align="right" | 2.30&nbsp;[[1,000,000,000|billion]] {{increase}}
| align="center" | {{nts|9}} {{gain}}
| align="center" | {{nts|9}} {{gain}}
| align="right" | 2.00 {{gain}}
| align="right" | 2.00&nbsp;billion {{gain}}
|-
|-
| 2012<ref name="brw 2012">{{cite news|title=The list - BRW Rich 200 2012|url=http://www.afr.com/it-pro/the-list--brw-rich-200-2012-20120523-jyjj3|access-date=8 June 2016|work=[[Financial Review]] |location=Australia |date=24 May 2012}}</ref><ref name="Forbes2012">{{cite news |url=https://www.forbes.com/lists/2012/78/australia-billionaires-12_David-Hains_R53H.html |title=#11 David Hains |work=2012 Australia's 40 Richest |access-date=8 June 2016 |publisher=[[Forbes Asia]] |date=1 February 2012 }}</ref>
| 2012<ref name="brw 2012">{{cite news|title=The list - BRW Rich 200 2012|url=http://www.afr.com/it-pro/the-list--brw-rich-200-2012-20120523-jyjj3|access-date=8 June 2016|work=[[Financial Review]] |location=Australia |date=24 May 2012}}</ref><ref name="Forbes2012">{{cite news |url=https://www.forbes.com/lists/2012/78/australia-billionaires-12_David-Hains_R53H.html |title=#11 David Hains |work=2012 Australia's 40 Richest |access-date=8 June 2016 |publisher=[[Forbes Asia]] |date=1 February 2012 }}</ref>
| align="center" | {{nts|12}} {{decrease}}
| align="center" | {{nts|12}} {{decrease}}
| align="right" | 2.20 {{decrease}}
| align="right" | 2.20&nbsp;billion {{decrease}}
| align="center" | {{nts|11}} {{decrease}}
| align="center" | {{nts|11}} {{decrease}}
| align="right" | 2.00 {{steady}}
| align="right" | 2.00&nbsp;billion {{steady}}
|-
|-
| 2013<ref name="brw 2013">{{cite news |editor=Stensholt, John |url=http://www.afr.com/leadership/brw-lists/brw-rich-200-list-2013-20160303-gn9dxc |title=BRW Rich 200 List 2013 |work=[[Financial Review]] |location=Australia |access-date=7 June 2016 |date=May 2015 }}</ref>
| 2013<ref name="brw 2013">{{cite news |editor=Stensholt, John |url=http://www.afr.com/leadership/brw-lists/brw-rich-200-list-2013-20160303-gn9dxc |title=BRW Rich 200 List 2013 |work=[[Financial Review]] |location=Australia |access-date=7 June 2016 |date=May 2015 }}</ref>
| align="center" | {{nts|15}} {{decrease}}
| align="center" | {{nts|15}} {{decrease}}
| align="right" | 2.32 {{increase}}
| align="right" | 2.32&nbsp;billion {{increase}}
| align="center" | {{nts|11}} {{steady}}
| align="center" | {{nts|11}} {{steady}}
| align="right" | 2.30 {{gain}}
| align="right" | 2.30&nbsp;billion {{gain}}
|-
|-
| 2014<ref name="brw 2014">{{cite news |editor=Stensholt, John |url=http://www.afr.com/leadership/brw-lists/brw-rich-200-list-2014-20160303-gn9do8 |title=BRW Rich 200 List 2014 |work=[[Financial Review]] |location=Australia |access-date=7 June 2016 |date=May 2015 }}</ref>
| 2014<ref name="brw 2014">{{cite news |editor=Stensholt, John |url=http://www.afr.com/leadership/brw-lists/brw-rich-200-list-2014-20160303-gn9do8 |title=BRW Rich 200 List 2014 |work=[[Financial Review]] |location=Australia |access-date=7 June 2016 |date=May 2015 }}</ref>
| align="center" | {{nts|12}} {{increase}}
| align="center" | {{nts|12}} {{increase}}
| align="right" | 2.39 {{increase}}
| align="right" | 2.39&nbsp;billion {{increase}}
| align="center" | {{nts|12}} {{decrease}}
| align="center" | {{nts|12}} {{decrease}}
| align="right" | 2.10 {{decrease}}
| align="right" | 2.10&nbsp;billion {{decrease}}
|-
|-
| 2015<ref name="BRW 2015">{{cite news |editor=Stensholt, John |url=http://www.afr.com/leadership/brw-lists/brw-rich-200-list-2015-20160303-gn98ff |title=BRW Rich 200 List 2015 |work=[[Financial Review]] |location=Australia |access-date=7 June 2016 |date=May 2015 }}</ref>
| 2015<ref name="BRW 2015">{{cite news |editor=Stensholt, John |url=http://www.afr.com/leadership/brw-lists/brw-rich-200-list-2015-20160303-gn98ff |title=BRW Rich 200 List 2015 |work=[[Financial Review]] |location=Australia |access-date=7 June 2016 |date=May 2015 }}</ref>
| align="center" | {{nts|12}} {{steady}}
| align="center" | {{nts|12}} {{steady}}
| align="right" | 2.46 {{increase}}
| align="right" | 2.46&nbsp;billion {{increase}}
| align="center" | {{nts|11}} {{increase}}
| align="center" | {{nts|11}} {{increase}}
| align="right" | 2.10 {{steady}}
| align="right" | 2.10&nbsp;billion {{steady}}
|-
|-
| 2016<ref name="brw2016">{{cite news |editor=Stensholt, John |url=http://www.afr.com/leadership/brw-lists/brw-rich-200-list-2016-20160526-gp4ejn |title=BRW Rich 200 List 2016 |work=[[Financial Review]] |location=Australia |access-date=7 June 2016 |date=27 May 2016}}</ref><ref name="forbes2016"/>
| 2016<ref name="brw2016">{{cite news |editor=Stensholt, John |url=http://www.afr.com/leadership/brw-lists/brw-rich-200-list-2016-20160526-gp4ejn |title=BRW Rich 200 List 2016 |work=[[Financial Review]] |location=Australia |access-date=7 June 2016 |date=27 May 2016}}</ref><ref name="forbes2016"/>
| align="center" | {{nts|14}} {{decrease}}
| align="center" | {{nts|14}} {{decrease}}
| align="right" | 2.48 {{gain}}
| align="right" | 2.48&nbsp;billion {{gain}}
| align="center" | {{nts|10}} {{increase}}
| align="center" | {{nts|10}} {{increase}}
| align="right" | 1.90 {{decrease}}
| align="right" | 1.90&nbsp;billion {{decrease}}
|-
|-
| 2017<ref name="afr2017">{{cite news |url=http://www.afr.com/leadership/afr-lists/rich-list/financial-review-rich-list-2017-20170525-gwcvr6 |editor=Stensholt, John |title=Financial Review Rich List 2017 |work=[[Financial Review]] |date=25 May 2017 |access-date=8 June 2017 }}</ref>
| 2017<ref name="afr2017">{{cite news |url=http://www.afr.com/leadership/afr-lists/rich-list/financial-review-rich-list-2017-20170525-gwcvr6 |editor=Stensholt, John |title=Financial Review Rich List 2017 |work=[[Financial Review]] |date=25 May 2017 |access-date=8 June 2017 }}</ref>
| align="center" | {{nts|16}} {{decrease}}
| align="center" | {{nts|16}} {{decrease}}
| align="right" | 2.55 {{gain}}
| align="right" | 2.55&nbsp;billion {{gain}}
| align="center" | {{nts|19}} {{decrease}}
| align="center" | {{nts|19}} {{decrease}}
| align="right" |
| align="right" |
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| 2018<ref name="afr2018">{{cite web|url=http://www.afr.com/brand/afr-magazine/rich-list-overview-20180413-h0yqo5|title=2018 AFR Rich List: Who are Australia's richest people?|work=The Australian Financial Review|publisher=Fairfax Media|date=25 May 2018|last=Stensholt|first=John|access-date=26 May 2018}}</ref>
| 2018<ref name="afr2018">{{cite web|url=http://www.afr.com/brand/afr-magazine/rich-list-overview-20180413-h0yqo5|title=2018 AFR Rich List: Who are Australia's richest people?|work=The Australian Financial Review|publisher=Fairfax Media|date=25 May 2018|last=Stensholt|first=John|access-date=26 May 2018}}</ref>
| align="center" | {{nts|21}} {{decrease}}
| align="center" | {{nts|21}} {{decrease}}
| align="right" | 2.69 {{gain}}
| align="right" | 2.69&nbsp;billion {{gain}}
| align="center" | {{nts|19}} {{steady}}
| align="center" | {{nts|19}} {{steady}}
| align="right" |
| align="right" |
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| 2019<ref name="afr2019">{{cite web|url=https://www.afr.com/rich-list/australia-s-10-wealthiest-people-revealed-20190529-p51sj0|title=Australia's 200 richest people revealed|work=The Australian Financial Review|publisher=Nine Publishing|date=30 May 2019|last=Bailey|first=Michael|access-date=31 May 2019}}</ref><ref name="forbes2019">{{cite web |url=https://www.forbes.com/profile/david-hains/?list=australia-billionaires#686780cd4a45 |title=#19 David Hains |work=Australia's 50 Richest 2019 |publisher=Forbes |date=January 2019 |access-date=10 October 2019}}</ref>
| 2019<ref name="afr2019">{{cite web|url=https://www.afr.com/rich-list/australia-s-10-wealthiest-people-revealed-20190529-p51sj0|title=Australia's 200 richest people revealed|work=The Australian Financial Review|publisher=Nine Publishing|date=30 May 2019|last=Bailey|first=Michael|access-date=31 May 2019}}</ref><ref name="forbes2019">{{cite web |url=https://www.forbes.com/profile/david-hains/?list=australia-billionaires#686780cd4a45 |title=#19 David Hains |work=Australia's 50 Richest 2019 |publisher=Forbes |date=January 2019 |access-date=10 October 2019}}</ref>
| align="center" | {{nts|23}} {{decrease}}
| align="center" | {{nts|23}} {{decrease}}
| align="right" | 2.90 {{gain}}
| align="right" | 2.90&nbsp;billion {{gain}}
| align="center" | {{nts|19}} {{steady}}
| align="center" | {{nts|19}} {{steady}}
| align="right" | 1.90
| align="right" | 1.90&nbsp;billion
|-
|-
| 2020<ref name="afr2020">{{cite web|url=https://www.afr.com/rich-list/the-10-richest-australians-revealed-20201028-p569c7|url-access=subscription|title=The full list: Australia's wealthiest 200 revealed|work=[[The Australian Financial Review]]|publisher=Nine Publishing|date=30 October 2020|author1=Bailey, Michael|author2=Sprague, Julie-anne|access-date=31 October 2020}}</ref>
| 2020<ref name="afr2020">{{cite web|url=https://www.afr.com/rich-list/the-10-richest-australians-revealed-20201028-p569c7|url-access=subscription|title=The full list: Australia's wealthiest 200 revealed|work=[[The Australian Financial Review]]|publisher=Nine Publishing|date=30 October 2020|author1=Bailey, Michael|author2=Sprague, Julie-anne|access-date=31 October 2020}}</ref>
| align="center" | {{nts|28}} {{decrease}}
| align="center" | {{nts|28}} {{decrease}}
| align="right" | 2.93 {{gain}}
| align="right" | 2.93&nbsp;billion {{gain}}
| align="center" |
| align="center" |
| align="right" |
| align="right" |
Line 135: Line 113:
| 2021<ref name="afr2021">{{cite news |author1=Bailey, Michael |author2=Sprague, Julie-anne |url=https://www.afr.com/rich-list/australia-s-10-richest-people-revealed-20210526-p57vfr |title=The 200 richest people in Australia revealed |work=[[Australian Financial Review]] |date=27 May 2021 |access-date=28 May 2021}}</ref>
| 2021<ref name="afr2021">{{cite news |author1=Bailey, Michael |author2=Sprague, Julie-anne |url=https://www.afr.com/rich-list/australia-s-10-richest-people-revealed-20210526-p57vfr |title=The 200 richest people in Australia revealed |work=[[Australian Financial Review]] |date=27 May 2021 |access-date=28 May 2021}}</ref>
| align="center" | {{nowrap|{{nts|31}} {{decrease}}}}
| align="center" | {{nowrap|{{nts|31}} {{decrease}}}}
| align="right" | 2.89 {{decrease}}
| align="right" | 2.89&nbsp;billion {{decrease}}
| align="center" |
| align="right" |
|-
| 2022
| align="center" | {{nowrap|{{nts|36}} {{down}}}}
| align="right" | 2.90&nbsp;billion {{up}}
| align="center" |
| align="right" |
|-
! colspan=5 style="background: #cccccc;" |
|-
| 2023{{ref|1|[note 1]}}<ref name="afr2023">{{cite news |author1=Bailey, Michael |author2=Sprague, Julie-anne |url=https://www.afr.com/rich-list/australia-s-10-richest-people-revealed-20230523-p5dapa |title=The 200 richest people in Australia revealed |work=[[Australian Financial Review]] |date=26 May 2023 |access-date=6 June 2023}}</ref>
| align="center" | {{nowrap|{{nts|38}} {{down}}}}
| align="right" | 2.88&nbsp;billion {{down}}
| align="center" |
| align="center" |
| align="right" |
| align="right" |
Line 157: Line 149:
|}
|}
{{columns-end}}
{{columns-end}}

== Notes ==
*{{note|1|[note 1]}}: Since 2023, the ''Australian Financial Review'' assessed the net worth of Hains' descendants, Stephen, Richard and Michael Hains and family.


==References==
==References==
Line 162: Line 157:


{{DEFAULTSORT:Hains, David}}
{{DEFAULTSORT:Hains, David}}
[[Category:1931 births]]
[[Category:1930s births]]
⚫
[[Category:Year of birth uncertain]]
[[Category:2023 deaths]]
[[Category:2023 deaths]]
[[Category:Businesspeople from Melbourne]]
[[Category:Businesspeople from Melbourne]]
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[[Category:Australian racehorse owners and breeders]]
[[Category:Australian racehorse owners and breeders]]
[[Category:Australian billionaires]]
[[Category:Australian billionaires]]
[[Category:Place of birth missing (living people)]]
[[Category:Place of birth missing]]
⚫
[[Category:Year of birth uncertain]]

Latest revision as of 14:45, 19 May 2024

Not to be confused with David Haines.

David Hains
Bornc. 1931
Australia
Died(2023-01-22)22 January 2023 (age 92)
Melbourne, Australia
NationalityAustralian citizenship
Alma materUniversity of Melbourne
Occupation(s)Billionaire businessman; investor; horse breeder
Board member ofPortland House Group
SpouseHelen Hains
Children5

David Hains (c. 1931 – 22 January 2023) was an Australian businessman, engineer, and horse breeder.[1][2] He was the founder and once CEO of Portland House Group, Australia’s largest private investments management firm and hedge fund. According to Forbes, Hains had at the time of his death a personal net-worth of around $2 billion, making him one of Australia’s richest person.[3]

Biography[edit]

Hains graduated from the University of Melbourne.[2] He started his career as an engineer and in corporate restructuring.[1][4] In the 1960s, he took a seven-year hiatus from his career to play golf.[5]

Through his Portland House Group, Australia's biggest hedge fund that he managed with his children, Hains invested in equities, fixed interest, property and managed funds globally.[2][1][4] In 1993, he sold an investment to Wheeling-Pittsburgh Steel for US$107 million.[1]

Hains bred horses at his Kingston Park Stud in Merricks North, Victoria.[2][1][6] His horses include Kingston Town, Lowan Star and Rose of Kingston.[1]

Personal life and death[edit]

Hains was married to Helen Hains and had five children.[7] His son Richard Hains is a hedge fund manager and author of the novel Chameleon.[8] Helen Hains died on 24 August 2017.[7]

Hains died on 22 January 2023, at the age of 92.[9]

Wealth rankings[edit]

In May 2019, The Australian Financial Review estimated Hains' net worth as A$2.90 billion as published in the Financial Review Rich List;[10] and in January 2019 his net worth was estimated by Forbes Asia as US$1.90 billion as published in the list of Australia's 50 richest people.[11][12][13] As of May 2021, Hains was one of ten Australians who had appeared in every Financial Review Rich List, or its predecessor, the BRW Rich 200, since it was first published in 1984,[14][15] until his death in 2023. In 2023, the Financial Review, assessed the net worth of Hains' descendants, Stephen, Richard and Michael Hains and family, at A$2.88 billion.[16]

Year Financial Review
Rich List 		Forbes
Australia's 50 richest
Rank Net worth
A$ 		Rank Net worth
US$
2011[17][18][19] 7 Decrease 2.30 billion Increase 9 Increase 2.00 billion Increase
2012[20][21] 12 Decrease 2.20 billion Decrease 11 Decrease 2.00 billion Steady
2013[22] 15 Decrease 2.32 billion Increase 11 Steady 2.30 billion Increase
2014[23] 12 Increase 2.39 billion Increase 12 Decrease 2.10 billion Decrease
2015[24] 12 Steady 2.46 billion Increase 11 Increase 2.10 billion Steady
2016[25][1] 14 Decrease 2.48 billion Increase 10 Increase 1.90 billion Decrease
2017[26] 16 Decrease 2.55 billion Increase 19 Decrease
2018[27] 21 Decrease 2.69 billion Increase 19 Steady
2019[10][11] 23 Decrease 2.90 billion Increase 19 Steady 1.90 billion
2020[28] 28 Decrease 2.93 billion Increase
2021[14] 31 Decrease 2.89 billion Decrease
2022 36 Decrease 2.90 billion Increase
2023[note 1][16] 38 Decrease 2.88 billion Decrease
Legend
Icon Description
Steady Has not changed from the previous year
Increase Has increased from the previous year
Decrease Has decreased from the previous year

Notes[edit]

  • ^[note 1] : Since 2023, the Australian Financial Review assessed the net worth of Hains' descendants, Stephen, Richard and Michael Hains and family.

References[edit]

  1. ^ a b c d e f g "Australia's 50 Richest People". Forbes Asia. 2016. Retrieved 8 June 2016.
  2. ^ a b c d "Australia's 40 Richest: David Hains". Forbes Asia. 2012.
  3. ^ 2024 Australia's 50 Richest Net Worth. Forbes. 2024.
  4. ^ a b Rosenberg, Hilary (2000). The Vulture Investors. John Wiley & Sons. p. 103. ISBN 9780471361893. David Hains australia.
  5. ^ "David Hains". Forbes. Retrieved 23 January 2023.
  6. ^ "Kingston Park Studs". Archived from the original on 20 March 2012. Retrieved 22 January 2013.
  7. ^ a b "Kingston Town's billionaire owner dies, aged 92". Racenet. 22 January 2023. Retrieved 22 January 2023.
  8. ^ "Richard Hains a thriller unmasked". Herald Sun. 1 June 2007. Retrieved 14 April 2019.
  9. ^ Bailey, Michael; Thomson, James (23 January 2023). "James Packer, Lloyd Williams lead tributes to David Hains". Australian Financial Review. Retrieved 23 January 2023.
  10. ^ a b Bailey, Michael (30 May 2019). "Australia's 200 richest people revealed". The Australian Financial Review. Nine Publishing. Retrieved 31 May 2019.
  11. ^ a b "#19 David Hains". Australia's 50 Richest 2019. Forbes. January 2019. Retrieved 10 October 2019.
  12. ^ "Forbes Billionaires". The Australian.
  13. ^ D'Angelo Fisher, Leo (25 May 2011). "Gift of Gifting a Hard Sell". BRW.
  14. ^ a b Bailey, Michael; Sprague, Julie-anne (27 May 2021). "The 200 richest people in Australia revealed". Australian Financial Review. Retrieved 28 May 2021.
  15. ^ Thomson, James (22 May 2013). "Celebrating 30 years of the Rich 200". BRW Rich 200. Archived from the original on 27 July 2014. Retrieved 22 May 2013.
  16. ^ a b Bailey, Michael; Sprague, Julie-anne (26 May 2023). "The 200 richest people in Australia revealed". Australian Financial Review. Retrieved 6 June 2023.
  17. ^ "The list - BRW Rich 200 2011". Financial Review. Australia. May 2011. Retrieved 8 June 2016.
  18. ^ "#9 David Hains". Forbes Asia. 2011. Retrieved 8 June 2016.
  19. ^ "Australia's 40 Richest". Forbes Asia. 3 March 2010. Retrieved 8 June 2016.
  20. ^ "The list - BRW Rich 200 2012". Financial Review. Australia. 24 May 2012. Retrieved 8 June 2016.
  21. ^ "#11 David Hains". 2012 Australia's 40 Richest. Forbes Asia. 1 February 2012. Retrieved 8 June 2016.
  22. ^ Stensholt, John, ed. (May 2015). "BRW Rich 200 List 2013". Financial Review. Australia. Retrieved 7 June 2016.
  23. ^ Stensholt, John, ed. (May 2015). "BRW Rich 200 List 2014". Financial Review. Australia. Retrieved 7 June 2016.
  24. ^ Stensholt, John, ed. (May 2015). "BRW Rich 200 List 2015". Financial Review. Australia. Retrieved 7 June 2016.
  25. ^ Stensholt, John, ed. (27 May 2016). "BRW Rich 200 List 2016". Financial Review. Australia. Retrieved 7 June 2016.
  26. ^ Stensholt, John, ed. (25 May 2017). "Financial Review Rich List 2017". Financial Review. Retrieved 8 June 2017.
  27. ^ Stensholt, John (25 May 2018). "2018 AFR Rich List: Who are Australia's richest people?". The Australian Financial Review. Fairfax Media. Retrieved 26 May 2018.
  28. ^ Bailey, Michael; Sprague, Julie-anne (30 October 2020). "The full list: Australia's wealthiest 200 revealed". The Australian Financial Review. Nine Publishing. Retrieved 31 October 2020.
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