Bill Hwang
Early life
Hwang was born in South Korea in 1964. He immigrated to Las Vegas in 1982 with his parents. In 1983, Hwang and his mother moved to Los Angeles after the death of his father in 1983. He worked night shifts at McDonalds to support his family and fund his education.
Early life
Hwang earned a Bachelor of Arts in economics/business from the University of California, Los Angeles, and a Master of Business Administration from the Tepper School of Business at Carnegie Mellon University.
Insider trading
In 2012, Tiger Asia Management and Hwang admitted to illegally using inside information to trade Chinese bank stocks and agreed to criminal and civil settlements#UnitedStates) totaling more than US$60 million. Tiger Asia Management, Hwang, Tiger Asia Partners, and former head trader Raymond Park also paid US$44 million in penalties to the Securities and Exchange Commission.
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