Age, Biography and Wiki
Michael Hintze, Baron Hintze was born on 27 July, 1953 in Harbin, China, is a manager. Discover Michael Hintze, Baron Hintze's Biography, Age, Height, Physical Stats, Dating/Affairs, Family and career updates. Learn How rich is He in this year and how He spends money? Also learn how He earned most of networth at the age of 70 years old?
Popular As |
N/A |
Occupation |
Asset manager |
Age |
71 years old |
Zodiac Sign |
Leo |
Born |
27 July, 1953 |
Birthday |
27 July |
Birthplace |
Harbin, China |
Nationality |
China |
We recommend you to check the complete list of Famous People born on 27 July.
He is a member of famous manager with the age 71 years old group.
Michael Hintze, Baron Hintze Height, Weight & Measurements
At 71 years old, Michael Hintze, Baron Hintze height not available right now. We will update Michael Hintze, Baron Hintze's Height, weight, Body Measurements, Eye Color, Hair Color, Shoe & Dress size soon as possible.
Physical Status |
Height |
Not Available |
Weight |
Not Available |
Body Measurements |
Not Available |
Eye Color |
Not Available |
Hair Color |
Not Available |
Who Is Michael Hintze, Baron Hintze's Wife?
His wife is Dorothy Krauklis (m. 1984)
Family |
Parents |
Not Available |
Wife |
Dorothy Krauklis (m. 1984) |
Sibling |
Not Available |
Children |
4 |
Michael Hintze, Baron Hintze Net Worth
His net worth has been growing significantly in 2022-2023. So, how much is Michael Hintze, Baron Hintze worth at the age of 71 years old? Michael Hintze, Baron Hintze’s income source is mostly from being a successful manager. He is from China. We have estimated
Michael Hintze, Baron Hintze's net worth
, money, salary, income, and assets.
Net Worth in 2023 |
$1 Million - $5 Million |
Salary in 2023 |
Under Review |
Net Worth in 2022 |
Pending |
Salary in 2022 |
Under Review |
House |
Not Available |
Cars |
Not Available |
Source of Income |
manager |
Michael Hintze, Baron Hintze Social Network
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Timeline
It was announced on 14 October 2022, that as part of the 2022 Special Honours, Hintze would be appointed a life peer. On 3 November 2022, he was created Baron Hintze, of Dunster in the County of Somerset.
In April 2020, Bloomberg reported that "Michael Hintze's main fund was said to face at least 30% drop in quarter".
According to the Sunday Times 2019 Rich List, Hintze's net worth is £1.5 billion, an increase of £120 million from 2018. In 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.
In December 2019, Barrons reported that "the roughly $19 billion fund is taking the view that next year will bring more investment opportunities among distressed companies, meaning those that are in default, restructuring, or at risk of either event. Their calls on two specific sectors—malls and the energy sector—are especially notable because they are contrarian."
During the 2019 United Kingdom general election campaign Hintze donated £341,225 to the Conservative Party.
Hintze was a trustee of the National Portrait Gallery from 2017 to 2021, and was formerly a trustee of the National Gallery, where he assisted in securing Titian's Diana and Actaeon. He was initially appointed to the National Gallery's Board of Trustees by then Labour Party Prime Minister Gordon Brown in 2008. He was later reappointed by Conservative Party Prime Minister David Cameron.
He was named to the 2017 Debrett's 500 List, in recognition of his considerable philanthropic contributions in the UK. He was also named to the Evening Standard’s “Progress 1000” list of “London’s most influential people,” citing his philanthropic contributions and business success.
With his wife Dorothy, Hintze set up the Hintze Family Charitable Foundation. In the area of culture and the arts, notable donations include enabling the restoration of Michelangelo's frescoes in the Pauline Chapel at the Vatican and in 2014 donating £5 million to the Natural History Museum, London. The donation to the Natural History Museum is the biggest single donation received by the museum in 133 years (in other words, since 1881 when the Museum opened to the public for the first time). The gift will be used in part to fund programmes to study problems that threaten Earth's biodiversity such as the maintenance of delicate ecosystems and the impacts of environmental pollution, as well as the battle against diseases such as malaria. The museum's Central Hall has since been renamed Hintze Hall.
In January 2013, Hintze was appointed Member of the Order of Australia (AM) for his "significant service to the community through philanthropic contributions to organisations supporting the arts, health and education."
He was knighted in the United Kingdom's 2013 Birthday Honours for services to the arts. He received his accolade on 23 October 2013 by The Prince of Wales at Buckingham Palace.
CQS Directional Opportunities Fund, which is managed by Hintze, was ranked #3 on Bloomberg's list of the 100 top-performing large hedge funds for 2012. In 2013, Hintze's CQS received awards for the "Best Hedge Fund Manager Overall," "Best Hedge Fund Manager in Credit," and "Best Multi-Hedge Fund Manager" at the Financial News Awards for Excellence in Institutional Hedge Fund Management. CQS was reported to be on the opposite side of the infamous JPMorgan trade by Bruno Iksil, nicknamed "the London Whale", in which JPMorgan lost an estimated $2 billion. The total gains by CQS are unknown. In 2018, it was reported that CQS's main fund increased by 30%. In a March 2018 article published in Barron's, Hintze stated that "every crisis is a trading opportunity".
In October 2011, it was revealed that Adam Werritty, a close friend and business associate of then Secretary of State for Defence Liam Fox, was provided with a free desk by Hintze at CQS's London base as part of his £29,000 donation to Fox's charity The Atlantic Bridge. Hintze also supplied a private jet for Fox and Werritty to fly from the United States to London in May 2011. These disclosures led to the resignation of Liam Fox (who was then Secretary of State for Defence) and the dismissal of Hintze's then-charity adviser, Oliver Hylton.
In recognition of their charitable contributions in support of the arts, Hintze and his wife Dorothy received the Prince of Wales Medal for Arts Philanthropy in 2009.
In May 2008, David Cameron declared a donation from Hintze to the Conservative Party that was used to pay for drinks receptions for Tory MPs and their partners.
In 2007, Hintze established MH Premium Farms (MHPF), a group of agriculture companies based mainly in Australia. As of 2017, MHPF owned more than twenty properties in eastern Australia, covering a total area of more than 70,000 hectares (170,000 acres). The properties offer a broad portfolio including: fat lambs, wool and cattle; broadacre cropping of cereals and oilseeds; irrigated cotton and sugar.
In 2006, at the time of the Cash for Peerages allegations concerning the Labour Party, Hintze voluntarily revealed he was one of the previously anonymous patrons who had made loans to the Conservative Party. In 2011 his known loans and donations to the party totalled around £4 million. In the five months to September 2011 he donated £31,000, enough to grant him membership of the Conservative Treasurers' Group, the second highest rung on the party's donor's ladder, which allows its members access to senior Conservative figures through a series of lunches, receptions and campaign launches.
In 2005 Hintze was appointed a Knight Commander of the Papal Order of St. Gregory (KCSG) by Pope Benedict XVI and was later was elevated as a Knight Grand Cross of the same Order (GCSG).
In 1999, he launched his own asset management firm CQS. Hintze was ranked No. 5 on Financial News' FN100 Most Influential list in the hedge fund category. CQS Asset Management, which has been described as "one of the world's leading credit market players" has assets under management reported at $11 billion.
Moving to New York to train in financial services, he worked for Salomon Brothers as a fixed income trader and at Credit Suisse First Boston. Relocating to London with them, he then joined Goldman Sachs, where his ultimate position was as co-head of the UK Shares Product. He left the firm in 1995.
In July 1984, Hintze married Dorothy Krauklis, a United States citizen whom he met at Harvard; they have four children. Hintze is a Roman Catholic.
Raised by his mother in Sydney, he was educated at St Leo's College, Wahroonga. 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 and working as a tutor at Sancta Sophia College. He also holds an MSc degree in Acoustics from the University of New South Wales, an MBA degree from Harvard Business School, an Honorary Doctorate of Business from the University of New South Wales, and a DEng (honoris causa) from the University of Sydney.
Michael Hintze, Baron Hintze, AM (born 27 July 1953) is an Australian-British businessman and philanthropist, based in the United Kingdom.
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.