Bill Hwang, who often was referred to as the big whale of Wall Street, had an image of an investor who could never go wrong. ... Hwang's family company Archegos Capital Management had defaulted on loans used to build a $100 billion portfolio. The news came as havoc for Hwang and banks started dumping his portfolio.
How much is Bill Hwang worth?
Korean-American “Tiger Cub” investor Bill Hwang was once known as “the greatest trader you had never heard of”. Ironically you're more likely to have heard of him since March – when his US$20 billion net worth was reportedly wiped out in 10 days.
Is Bill Hwang still rich?
The size of Bill Hwang's fortune remains uncertain. Former employees have been grousing that while they've been wiped out, Hwang, through private investments and other holdings away from Archegos, could still be a billionaire.