Sir Michael Hintze, AM (born 27 July 1953) is a British-Australian businessman, philanthropist and Conservative Party patron, based in the United Kingdom.
According to the 2016 Forbes magazine list of The World’s Billionaires, he was the world’s 1,011th richest person, with a net worth of approximately US$1.8 billion; and according to the Australian BRW Rich 200 Hintze was Australia’s 37th wealthiest individual with a net worth of A$1.32 billion in 2016.
Early life
After his grandparents fled from Russia after the 1917 Bolshevik revolution, he was born in the Chinese city of Harbin. After Mao Zedong and the Chinese Communist Party took over power, his refugee parents left for Australia.
Raised by his secretary mother in Sydney, he was educated at the local Christian Brothers school. He then studied at the University of Sydney where he obtained a BSc degree in physics in 1975 and a BE degree in engineering in 1977, residing at St John’s College. He also holds an MSc degree in Acoustics from the University of New South Wales, an MBA degree from Harvard Business School, and an Honorary Doctorate of Business from the University of New South Wales.
Sir Michael Hintze AM |
|
---|---|
Born | 27 July 1953 Harbin, China |
Residence | London |
Alma mater |
|
Occupation | Hedge fund manager |
Organization | CQS |
Net worth |
|
Spouse(s) | Dorothy |
Children | Four |
Military career | |
Allegiance | Australia |
Service/branch | Australian Army |
Years of service | 3 years minimum service |
Rank | Captain |
Michael Hintze Net Worth: Michael Hintze is a British-Australian businessman who has a net worth of $1.8 billion. One of the richest people in the UK, Michael Hintze ranks high in billionaire circles thanks to his hedge fund firm CQS LLP. Born on July 27, 1953 in Harbin, China, he took his BS in engineering and physics from the University of Sydney. Next, he continued his studies at the University of New South Wales and Harvard University where he completed his MBA. Upon graduation, he spent three years with the Australian Army, after which he moved to New York. In the Big Apple, Hintze earned training in the financial services and eventually started to work for Credit Suisse First Boston and Salomon Brothers. Once he got relocated to London, he started his tenure at Goldman Sachs as the head of Equity Trading. It was in 1999 that he set up his own hedge fund firm called CQS. By 2013, he was honored with three awards from the Financial News Awards for Excellence in Institutional Hedge Fund Management which include the “Best Multi-Hedge Fund Manager,” “Best Hedge Fund Manager in Credit,” and “Best Hedge Fund Manager Overall.”
Source: