Living

One of World’s Greatest Hidden Fortunes Is Wiped Out in Days

  • Bill Hwang’s vast wealth and wagers were well-kept secrets
  • Wall Street is still trying to figure out how much he’s lost
Archegos Capital Blowup: What Investors Need to Know(Source: Bloomberg)
Lock
This article is for subscribers only.

Want the lowdown on what's moving Asia’s markets in your inbox every morning? Sign up here.

From his perch high above Midtown Manhattan, just across from Carnegie Hall, Bill Hwang was quietly building one of the world’s greatest fortunes.