Michael Fay (banker)
After schooling Fay studied at the Victoria University of Wellington and later founded with David Rich White, the investment bank Fay Rich White. His wealth enabled him also activities as a patron in the sports and culture.
Fay was not only 1988 Chairman of the Australian- New Zealand Bicentennial Committee, but also three times head of the New Zealand challenger teams in the America's Cup in 1987, 1988 and 1992. He financed inter alia, the KZ1, the challenger boat 1988, however, against the U.S. American yacht Stars & Stripes lost. 1995 his bank began with the financial support of the Samoan rugby union team.
For his services he was made a Knight Bachelor in 1990 as the personal nobility and since then leads the title " Sir ". He was inducted into the America's Cup Hall of Fame in 2002.
Fay, who lives in Switzerland, is also the owner of Great Mercury Iceland, an island in the Mercury Islands, on which there are two luxurious property that is leased.
External links and sources
- Chambers Biographical Dictionary, Edinburgh 2002, ISBN 0 550 10051 2, p 516
- Entrepreneurs (New Zealand)
- Entrepreneurs ( 21st century)
- Entrepreneur ( 20th century)
- Knight Bachelor
- New Zealanders
- Born in 1949