Bill Hwang Lost Around $20B In 2 Days When His Archegos Fund Imploded, Report Says | Markets Insider
Summary List Placement Bill Hwang built a fortune of around $20 billion but lost it in a matter of days, Bloomberg reported. His hedge fund Archegos Capital Management ballooned on successful bets on global tech firms. But it all came crashing down when Hwang's highly leveraged bets started to go awry. Sign up here for our daily newsletter, 10 Things Before the Opening Bell.