Bill Hwang
Sung Kook Hwang (Korean: 황성국), also known as Bill Hwang, is a Korean-born American investor and trader. He ran Archegos Capital Management, whose default on March 26, 2021 caused major losses to several notable investment banks. In April 2021, The Wall Street Journal reported that Hwang had lost US$20 billion over 10 days in late March, imposing large losses on his bankers Nomura and Credit Suisse. On April 27, 2022, he was indicted on federal charges of fraud and racketeering. The default of Archegos contributed to the eventual collapse of Credit Suisse.
Bill Hwang | |
|---|---|
| Born | Sung Kook Hwang 1964 (age 59–60) South Korea |
| Education | University of California, Los Angeles (BA) Carnegie Mellon University (MBA) |
| Occupation(s) | Investor; trader |
| Spouse | Becky Hwang |
| Children | 1 daughter |
| Korean name | |
| Hangul | 황성국 |
| Revised Romanization | Hwang Seongguk |
| McCune–Reischauer | Hwang Sŏngkuk |
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