Michael Fay (banker)
Sir Humphrey Michael Gerard Fay (born 10 April 1949) is a New Zealand merchant banker and partner in the merchant bank Fay Richwhite. He is one of the ten richest men in New Zealand. His personal wealth was largely acquired during the late 1980s and early 1990s, which included the period in which he had a significant role in the structural adjustment of the New Zealand economy undertaken by New Zealand's Fourth Labour Government. He is thought to be worth in excess of NZD 920 million, making him the 10th richest New Zealand citizen in 2017. Early life and family Fay was born in Auckland on 10 April 1949. He was educated at St Peter's College, Auckland and St Patrick's College, Silverstream, and studied law at Victoria University of Wellington, graduating LLB in 1971. In 1983, he married Sarah Ann Williams, and the couple went on to have three children. Fay Richwhite Michael Fay and David Richwhite are best known for gaining wealth in a series of loosely regulated privatisation and asset swapping transactions that occurred between 1986 and 1993 - involving their companies European Pacific, Capital Markets and Fay Richwhite and the former state owned operations Bank of New