The new Michigan interim football coach in the wake of Sherrone Moore’s shocking firing Wednesday has quite the lucrative fallback should his time with the Wolverines end soon.

Francis “Biff” Poggi, 65, previously ran a multi-million-dollar hedge fund before be entered the preps and collegiate coaching ranks.

Poggi used a $25,000 loan in 1986 to create a hedge fund, Samuel James Limited, that he grew to be worth hundreds of millions, per Charlotte Magazine.

“The coach’s name is Biff Poggi. He made a generational fortune, almost by accident, as an investment fund manager. He has his own jet, a conga line of business investments and a sprawling estate in one of Baltimore’s most lovely suburbs,” ESPN wrote in 2018.

“Ask who’s having a better financial year, him or his former boss, Jim Harbaugh (who earned a reported $7 million last year), and the 57-year-old Poggi will laugh and respond without hesitation, ‘Me, of course.'”

Poggi became the Wolverines’ man in charge after Moore’s shocking exit. Moore is alleged to have had an “inappropriate relationship with a staff member” before later being detained by Michigan police.

Poggi played for Pittsburgh in the early 80s before graduating from Duke in 1984. He then joined the collegiate coaching ranks, per ESPN, working for Brown, The Citadel and Temple before returning home to Baltimore after his mother was diagnosed with cancer.

Poggi reportedly still coached at the time as a volunteer for Gilman School.

His life changed in 1986 when his father-in-law asked him about his future and talked up the financial world, according to ESPN.

That reportedly resulted in a 30-plus years in the financial sector and allowed him to return to his other passion in coaching.

“By the time Poggi quit managing those funds full-time, the value had grown to hundreds of millions of dollars,” ESPN’s Gene Wojciechowski wrote seven years ago.

“His investments now range from energy distribution to logistics, real estate and biotech. Poggi’s financial success allowed him to pursue his bucket list, and coaching is what mattered most to him.”

Poggi ultimately spent 19 years with Gilman, including eight as the school’s head coach.

He joined Michigan’s staff as an analyst in 2016 before founding the football program at Saint Frances Academy in Baltimore the following year and guiding the team from 2017-20.

Poggi’s Michigan bio states that he funded 65 scholarships, and ESPN noted that he personally contributed $60,000 to help get the program off the ground and coached for free.

He returned in 2021 under Harbaugh, spending two years as the team’s associate head coach, before heading to Charlotte for two years.

Poggi went 3-9 in his first year and a 3-7 mark last season before being fired in November.

He returned to Ann Arbor for the 2025 season to serve as Moore’s associate head coach, and is credited with serving as the interim coach earlier this year for wins over Central Michigan and Nebraska when Moore was suspended as part of the penalties levied against Michigan for NCAA violations.

Poggi will lead Michigan against Texas in the Citrus Bowl on Dec. 31, and the line has been moving in the Longhorns’ favor with the Wolverines now 7.5-point underdogs at BetMGM.

“Michigan, to me, is honestly just like home,” Poggi previously said, per The Athletic. “I feel like Dorothy in ‘The Wizard of Oz.’ I just want to go home, and Michigan is that for me.”