Bill Hwang (Real Name: “Sung Kook Hwang” born b/w 1959-1963) is a famous American businessman, investor, and entrepreneur from the United States of America. According to the media sources, Bill is popularly known in the country for his perfect business dealing and unique way of trading.
Let me tell you that, he served the position of an equity analyst at a hedge fund company named “Tiger Management”. At present, he is the founder and CEO of Archegos Capital Management since January 2013.
In March 2021, Bill Hwang became part of media headlines after his company Archegos Capital suffered huge losses and the company triggered a fire sale of stocks on 26 March 2021. Read this article, to know more information regarding the businessman Bill Hwang.
Biography
The successful businessman came to this world from his parents between the years 1959-1963. As per the reports, he follows the Christian religion and was born into a middle-class family. His exact birth date is not available.
According to a guess, Bill Hwang’s age is around 58-62 years old (as of 2021). His real birth name is “Sung Kook Hwang”. Talking about his qualification then, he is an MBA.
According to his LinkedIn profile, he joined the University of California, Los Angeles for completing his graduation in the field of business economics. Later, he attended Carnegie Mellon University – Tepper School of Business and completed his Master of Business Administration (MBA) in the year 19990. Later, Bill stepped into a professional business career.
Wiki / Trivia
| Full Real Name | Sung Kook Hwang. |
| Known As | Bill Hwang. |
| Birthday | B/W 1959-1963. |
| Age (as of 2021) | B/W 58-62 years old. |
| Place of Birth | The United States of America. |
| Current Residence | New York City, United States. |
| Profession | Businessman, Investor, and Entrepreneur. |
| Net worth | In Billions (approx.). |
| Nationality | American. |
| Ethnicity | Mixed (Asian). |
| Religion | Christian. |
| Zodiac Sign | Will Update. |
| Education | MBA. |
| Alma mater | 1. The University of California, Los Angeles. 2. Carnegie Mellon University – Tepper School of Business. |
| Profile | LinkedIn: bill-sung-kook-hwang |
Physical Statistics
| Height (approx.) | In Feet Inches: 5′ 7″. In Meters: 1.7 m. In Centimetres: 170 cm. |
| Weight (approx.) | In Kilograms: 68 kg. In Pounds: 150 lbs. |
| Hair Color | Black. |
| Hair Length | Medium. |
| Eye Color | Black. |
Family & Ethnicity
According to the media source, Bill Hwang holds a mixed ethnicity of Asian descent. As per the reports, his father (name not available) is a Korean pastor. On the other side, Bill’s mother served the position of a missionary in Mexico[1]Channel News Asia.
Let me tell you that, Hwang spent his childhood in Korea along with his siblings. As per sources, he moved to the US for his higher studies and business.
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Personal Life
Discussing Bill’s love life then, Hwang currently lives in New York City, United States along with his family. As per the sources, Sung Kook Hwang got married to his wife named “Becky Hwang”.
Wife & Children
Let me tell you that, Becky is also a business executive. According to the reports, he is also a proud father of his children.
However, Bill does not reveal the names of his kids to the media. There are some pictures of Bill Hwang with his family that are available on the internet.
Career
After completing his MBA, Bill began working in a business firm. After gaining some experience, he got an opportunity to serve the position of managing director at Tiger Management (a hedge-fund company) in September 1996.
After working for 4 years and 4 months, he left the job in December 2000. In January 2001, Bill Hwang founded and became the portfolio manager at Tiger Asia Management[2]LinkedIn. As per the reports, in the year 2012, Tiger Asia Management conceded to utilizing inside data to exchange Chinese bank stocks, bringing about a huge settlement with US controllers.
Allow me to disclose to you that, Hwang may have ended up for all time boycotted by venture banks all over the place. Yet, only a year after he had to return cash to financial backers, Hwang was back in the industry.
He set up a clandestine new family office called Archegos Capital Management. Also, soon a considerable lot of the world’s top speculation banks were furiously viewing for its business[3]Financial Times.
Net worth
There is no proper information is available regarding Bill’s wealth. According to some media reports, he made his net worth in billions.
Archegos Capital Management
According to his LinkedIn profile, Bill Hwang started his own investment company named “Archegos Capital Management” in January 2013. Let me tell you that, he founded the company after working 12 years in Tiger Asia Management.
From his business, he made lots of deals and investments. As indicated by the media reports, on Friday, 26 March 2021, his organization Archegos set off a fire offering of stocks and alerts on large misfortunes set off an auction in financial stocks all throughout the world on Monday, 29 March 2021[4]Dail Mail.
Let me tell you that, he managed over $10 billion of family investments, which is known for the magnifying bets in Asian, American, and European Markets.
Quick Facts About Bill Hwang
- As per the reports, Bill is also a co-founder of The Grace & Mercy Foundation, which is a private grant-making family foundation.
- His company faced a tragic loss as the value of other companies including Discovery Shares, Viacom CBS, Morgan Stanley, and others.
- After his insider trading in 2012, the Securities and Exchange Commission (SEC) also filed a manipulation case against him.
- As per the sources, he also invested in various management companies.
- He is also known as the ex-manger of Tiger Asia Management.
- Bill has also featured in various business events and meetings.
References
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