Michael Heine

Michael Heine (#2010)

Global Rank #2010

Country Rank #37

Country Australia

Michael Heine is listed among the world billionaires tracked by Iconic Billionaires.

$ 2 B
Financial services
Australia
M
76 Years

Snapshot

Quick Facts

Global Rank #2,010

Country Rank #37

Net Worth $2.1B

Previous Worth $2.1B

Worth Change +$0.0B

Country Australia

Industry Financial services

Age 76 Years

Gender M

Worth As Of May 4, 2026

Residence Melbourne, Australia

Citizenship Australia

World Billionaires List Australia Billionaires Financial services

Profile Data

Personal Stats

Age 76

Source Of Wealth Financial services, Self Made

Residence Melbourne, Australia

Citizenship Australia

Marital Status Married

Children 2

Net Worth Change +$0.0B +0.0% from previous worth

Previous Net Worth $2.1B

Current Net Worth $2.1B

Worth as of May 4, 2026

About Me

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 that business and launched Netwealth Group. It went public in 2017 and now has A$100 billion in funds under management. Netwealth provides products and services to financial advisers and individuals. Heine resigned as co-managing director of Netwealth in 2022 but remains a director. His son, Matt, is managing director and CEO.

Achievements

Forbes List Highlights

A snapshot of the list placements and rankings connected to Michael Heine.

#1834

Billionaires (2026)

#35

Australia's 50 Richest (2026)

Insights

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.

Wealth Growth

Net Worth Growth Over Time

Tracking Michael Heine's net worth journey over the years, highlighting key growth phases and financial milestones.

Worth Trend Net Worth Growth

Period Change Worth Movement

Current Net Worth: $2.1B (May 4, 2026)