Archives for July 7, 2020

How Sol Kumin Turned A Labour Of Love Into The World’s Leading Horse Racing Business

Is Sol Kumin the ultimate “hobby-preneur”? Amid a 20-year career on Wall Street, including the launch of his own hedge fund business, Kumin only became interested in horse racing in 2014 when a friend persuaded him to take a stake in a thoroughbred. Six years later, the financier has built one of the world’s most successful racing stables, with a string of winners of prestigious races to his name.

“The racing has turned into a more commercial endeavour but it certainly didn’t start out that way,” reflects Kumin, who confesses he quickly got “hooked” following his initial foray into the sport. “Initially, it was a bit of a journey to understanding there was so much more to this sport; we bought more horses, did some research on how to do things a little differently, and over time it became a business.”