Bill Hwang: Biography, Career, and Business Insights

Bill Hwang’s Profile Summary

Company	Archegos Capital Management
Position	Former Founder and CEO
Source of wealth	Hedge fund management (Tiger Asia and Archegos Capital) Leveraged investments in U.S. stocks
Also known as	Philanthropist Controversial Wall Street figure
Age	61
Education	University of California, Los Angeles (UCLA) – Bachelor of Economics Carnegie Mellon University – MBA
Citizenship	United States
Residence	Tenafly, New Jersey, United States
Family	Wife Becky Hwang, 1 daughter
Website, Social Media

Bill Hwang’s biography

Bill Hwang, born Sung Kook Hwang in 1964 in South Korea, is a former hedge fund manager and investor. He immigrated to the U.S. with his family, where his father was a pastor. Hwang studied economics at the University of California, Los Angeles (UCLA) and went on to earn an MBA from Carnegie Mellon University.

Hwang began his career at Hyundai Securities America and later joined Tiger Management, founded by hedge fund legend Julian Robertson. Hwang eventually launched his own firm, Tiger Asia Management, which focused on Asian markets and grew into one of the largest hedge funds of its kind. However, after insider trading allegations in 2012, Hwang returned funds to investors and refocused his operations under Archegos Capital Management.

Archegos' collapse in 2021, due to a leveraged trading strategy that went wrong, led to billions in losses for global banks. Hwang was indicted on charges of fraud and market manipulation in 2022 and was found guilty in 2024

How did Bill Hwang make money?

Bill Hwang makes money in the following areas:

Hedge fund management (Tiger Asia and Archegos Capital) Leveraged investments in U.S. stocks
What is Bill Hwang net worth?

As of 2025, Bill Hwang’s net worth is estimated to be $10B.

What is Bill Hwang also known as?

Hwang is known for his Grace and Mercy Foundation, through which he donated large amounts of stock in companies like Facebook, Amazon, and Netflix to charitable causes. He also gained notoriety for the collapse of Archegos, which caused significant disruptions in the financial markets

Prominent achievements of Bill Hwang

Founded and managed Archegos Capital Management, which at its peak controlled a portfolio valued at over $100 billion.
Created the Grace and Mercy Foundation, which has donated millions to Christian causes and charitable organizations

What are Bill Hwang’s key insights?

Hwang’s business philosophy has been described as one of long-term optimism and faith-driven capitalism, which he combined with highly leveraged, aggressive investment strategies. He believed that capitalism, when properly utilized, could help advance human prosperity

Bill Hwang’s personal life

Hwang and his wife reside in Tenafly, New Jersey[26] and they have a daughter who attended Fordham University in New York City

Useful insights

Understanding market forces

In my experience, to truly succeed as an investor, it’s essential to understand the driving forces behind market behavior. Market movements aren’t random—they’re influenced by a range of economic theories and dynamics. The following books provide valuable insights into these forces, offering a deeper understanding of how global financial markets operate and what shapes their trends.

Nassim Nicholas Taleb – "The Black Swan"
- Summary:
  
  Taleb explores the concept of rare, unpredictable events—so-called "Black Swans"—that can have massive impacts on markets and society. These events are often overlooked by traditional risk management models, leading to devastating consequences when they occur. Taleb illustrates how these unpredictable shocks shape our world, often more than gradual, expected changes.
- Why read it:
  
  This book challenges conventional thinking about risk and uncertainty, showing that many major historical and financial events were "Black Swans." It's a vital read for investors who want to build resilience in the face of market volatility.
John Maynard Keynes – "The General Theory of Employment, Interest, and Money"
- Summary:
  
  Keynes revolutionized economics by focusing on total demand within an economy and its effect on output and inflation. His theory suggested that government intervention could stabilize economic cycles through fiscal and monetary policy. The book also explains the consequences of under-consumption and the role of interest rates in managing economic stability.
- Why read it:
  
  For investors interested in macroeconomic trends and policy impacts, Keynes’ work is essential. Understanding the Keynesian framework can help investors predict how government actions might influence market performance.