10 Richest People in New Zealand and How They Accumulated Their Wealth

9. Sir Michael Fay

Net Worth $830 Million

www.stuff.co.nz
www.stuff.co.nz

Sir Michael Fay is currently a merchant banker as a partner in the merchant bank Fay Richwhite. However he made most of his fortune in the later half of the 1980s and early part of the 1990s when New Zealand was undergoing a restructuring of its economy. He had a role in this restructuring under the Fourth Labor Government which pushed Fay Richwhite into becoming one of the leading merchant banks in Australia and New Zealand.

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