888 7th Avenue, the building that housed the Archegos offices. Photographer: Jeenah Moon/Bloomberg

He sits on the porch in a white plastic chair, a swing set out back, the lawn freshly mowed.

Here in suburban Tenafly, 15 miles from midtown Manhattan, few would guess that this unassuming figure is none other than Bill Hwang — the man who just lost more than US$20 billion ($27.12 billion).

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