William Fung

$1.05B

as of 07/05/24

About William Fung

William Fung and his older brother Victor own a significant stake in Li & Fung, which operates as a middleman between global manufacturers and retailers in the U.S. and Europe.

William stepped down as chairman of Li & Fung in 2020 when Victor's son, Spencer, took the helm.

In May 2020 Li & Fung was privatized through a deal worth $930 million.

In August 2022, Danish shipping giant A.P. Moller-Maersk acquired the brothers' logistics business, LF Logistics, for $3.4 billion.

Their grandfather, Fung Pak-liu, founded Li & Fung with partner Li To-ming in 1906, exporting porcelain and silk.

Personal stats

Citizenship

Hong Kong

Source of wealth

Sourcing

Residence

Hong Kong, Hong Kong

Marital status

Married

Birth date

02/21/49 (age 75)

Number of children

Education

Master of Business Administration, Harvard University; Bachelor of Arts/Science, Princeton University

Self-made

inherited and growing

William Fung’s fortune is worth

18K

troy ounces of gold

16K

median U.S. household

11K

median U.S. income

0.021%

U.S. credit card volume

0.004%

GDP of the United States

0.003%

United States debt

Net worth over time

Real-time ranking

Financial assets

HONG KONG | 3328-HK

Bank of Communications Co., Ltd

HONG KONG | 1123-HK

China-HongKong Photo Products Holdin

HONG KONG | 2-HK

CLP Holdings Ltd.

HONG KONG | 831-HK

Convenience Retail Asia Ltd.

HONG KONG | 787-HK

Global Brands Group

LONDON | HSBA-GB

HSBC Holdings PLC

HONG KONG | 1346-HK

Lever Style Corporation

HONG KONG | 272-HK

Shui On Land Ltd.

HONG KONG | 16-HK

Sun Hung Kai Properties Ltd.

HONG KONG | 891-HK

Trinity Limited

HONG KONG | 303-HK

Vtech Holdings