Bill Hwang: Biography, Career, and Business Insights

Bill Hwang’s Profile Summary

Company	Archegos Capital Management
Position	Founder
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

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 2026, 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

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

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

Fundamental principles of investing

As someone deeply immersed in the world of finance, I firmly believe that learning the fundamental principles of investing is the cornerstone of financial literacy. The books I recommend here have shaped modern investment strategies, offering timeless wisdom that can benefit both beginners and seasoned investors. These are not just texts, but essential tools to help you navigate the complexities of the financial markets with confidence and insight.

Benjamin Graham - "The Intelligent Investor"
- Summary:
  
  Written by one of the most influential investment thinkers, this book outlines the principles of value investing. Graham emphasizes the importance of analyzing a company’s intrinsic value, long-term investment strategies, and avoiding emotional decisions driven by market fluctuations. The book also discusses defensive investing, focusing on preservation of capital and minimizing risk.
- Why read it:
  
  This is a must-read for anyone looking to understand the core philosophy behind successful long-term investing. Graham’s principles influenced generations of investors, including Warren Buffett, making it an essential guide to navigating stock market risks with a focus on minimizing losses.
Ray Dalio - "Principles"
- Summary:
  
  Ray Dalio, founder of one of the world’s largest hedge funds, shares the life and work principles that led to his immense success. The book covers Dalio’s unique management and investment strategies, focusing on radical transparency, truth-seeking, and the importance of learning from mistakes. It also provides practical insights into organizational behavior and personal growth, making it valuable beyond just investing.
- Why read it:
  
  Dalio's "Principles" is a treasure trove of wisdom for investors and business leaders who wish to improve their decision-making. It’s a guide on how to align personal and professional life through well-defined, actionable rules.