Bill Hwang is a famous American New York-based investor on Wall Street. He is best known as the founder and CEO of Archegos Capital Management, a capital markets firm. He also co-founded The Grace & Mercy Foundation, a private family foundation. Bill Hwang is currently in the spotlight as his company suffered heavy losses due to the collapse in share prices of Viacom CBS, Discovery Shares, Morgan Stanley and Gold Sachs Group.
How old is Bill Hwang? He was born in South Korea in 1964. Bill Hwang is 58 years old. Bill is currently living in Tenafly, New Jersey. He is 5 feet 7 inches (1.7 m) tall and weighs around 68 kg (150 pounds). By profession he is an Investor, Businessperson and Entrepreneur. As of 2022, Bill Hwang’s net worth is approximately around $10 billion.
Bill Hwang has around 150 followers on his Twitter account @BillHwang3.
|Age (as of 2022)||58 years|
|Place of Birth||South Korea|
|Height||5 ft 7 in (1.70 m)|
|Weight||68 kg (150 lbs)|
|Net Worth (as of May 2022)||Approximately $10 billion|
Bill Hwang’s Age and Early Life
Bill Hwang’s real name is Sung Kook Hwang. He was born in 1964 in South Korea. As of 2022, Bill Hwang is 58 years old. For his education, he earned his bachelor’s degree in Economics from the University of California, Los Angeles. He later moved on to Carnegie Mellon University to complete his MBA.
Bill Hwang’s Height and Weight
What is Bill Hwang’s height and weight? He is 5 feet 7 inches or 1.70 m or 170 cm tall and weighs around 68 kg or 150 pounds.
Bill Hwang’s Career
Bill got his first experience at the renowned hedge fund Tiger Management. He joined a hedge fund in the 1990s and gained experience as an equity analyst at Tiger Management. He had the opportunity to learn the ins and outs of stocks while working with billionaire hedge fund manager Julian Robertson.
In 2001, Bill founded his own company, Tiger Asia. Behind the company were the great ideas of Julian Robertson. The company quickly became a major investor in Asian financial markets. In the early stages, the company managed to add billions of dollars to his fortune. But later it started to fall apart. In 2012, Bill Hwang’s company, Tiger Asia, was manipulating trade rules. For this reason, the Securities and Exchange Commission (SEC) filed a manipulation lawsuit against Bill and his company Tiger Asia. Subsequently, the company had to pay a fine of 44 million dollars. After Tiger Asia was found guilty, the Securities and Exchange Commission ordered it to close.
In 2013, Bill Hwang transformed the company into a family office. The company was called Archegos Capital Management. Bill opened the company as a family office so that he does not need to register with the SEC. Bill’s company, Archegos has large investments in big companies like Viacom CBS Inc., Discovery Inc., Morgan Stanley, Goldman Sachs Group Inc. and Deutsche Bank. The sources said that his company has invested $6.6 billion in shares of various companies.
Bill has suffered a big loss of $20 billion recently as shares in Viacom CBS, Discovery Shares, Morgan Stanley and Gold Sachs Group plunged.
Bill Hwang also got arrested in 2021 by U.S. authorities and charged with racketeering, fraud and market manipulation.
Wife of Bill Hwang
Bill Hwang is happily married to Becky Hwang. The couple don’t have any children yet. Becky is a Single Largest Institutional Investor at CBS based in New York City, New York. Before this she worked as the director of Grace and Mercy Foundation.
Bill Hwang’s Net Worth
Bill Hwang’s net worth is estimated around $10 billion.