Gai Waterhouse Net Worth – Horses and Family

By | July 14, 2017

Gabriel Marie Smith popularly known as Gai Waterhouse is an Australian horse trainer and businesswoman. She is the first lady of Australian racing. She was born on September 2, 1954 in Scotland. She did her schooling from the Kincoppal Rose Bay School in Sidney.Graduated from The University of New South Wales and holds a degree in Bachelor of Arts.

Gai Waterhouse


Full Name Gabriel Marie Waterhouse
Birth Date September 2, 1954
Nationality Australian
Height N/A
Parents Tommy J. Smith and Valerie Smith
Net Worth  $200,000
Source of Income Horse Trainer
Annual Salary  $10,000
Sibling  N/A
Children Tom Waterhouse and Kate Waterhouse Ricketson
Ethnicity White
Husband Robbie Waterhouse

Before becoming a horse trainer, Gai worked as a model and actor for Australian and English television series. Being the daughter of proud parents Valerie and legendary trainer Tommy J. Smith, horse training hadalways been in her blood. Therefore, following the footsteps of her father she worked as an intern under him for fifteen years. She got married to Robbie Waterhouse, a bookmaker. Although life seemed blissful in the beginning, hardships were just there waiting for her at her door steps. Her husband and her father-in-law had been banned from race courses for their participation in the Fine Cotton betting scandal. This formed an obstacle for Gil in order to get her trainer’s licence. But she never lost hope and kept fighting to bring her career on track. In January 1992,she got her Australian Jockey clublicense. Other people who are from similar profession like Calvin Borel and John Velazquez has similar worth.

She has trained 120 group1 winners. Her first win was from TeAkau Nick who won Metropolitan Handicap. During the 1996/1997 season, she won the Victoria Derby with Nothin’ Leica Dane. Gai won the Sydney trainers’ premiership, making herself the third person in the history of Sydney Seasons for creating a record for having more than 100 winners from a single Sidney Season. She has also received an award of the Australian Sports Medal for her outstanding contribution in thoroughbred racing.



Gai Waterhouse has further collected seven Sidney Trainers’ premiership. The first in 1996/1997 and then in 2008/2009. Her best season came in 2002/2003 where she prepared 156 winners. Her most important win was the 2013 Melbourne Cup with imported galloper Fiorente, becoming the second woman to claim Australia’s biggest race. Gai Waterhouse is an Australian Living Treasure nominated by the National Trust of Australia. This woman of determinationhas achieved a milestone with her hard work. Her net worth is $200,000. She has two children Tom Waterhouse and Kate Waterhouse Ricketson. Her son Tom continues the family profession and is now a well-known bookmaker.

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