A family office that ran billions of dollars in personal investments, Archegos was completely wiped out only days ago.
Video Length:00:08:08
I’m sure by now you’ve heard about the Archegos Capital meltdown.
A family office that ran billions of dollars in personal investments, it was completely wiped out only days ago.
Bill Hwang, a former hedge fund manager, headed the firm and had, by all accounts, almost all of his personal wealth wrapped up in the family office.
That wealth, reportedly around $10 billion at its peak, is now gone.
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