William Fung (#3269)
- $ 1 B
- Sourcing
- Hong Kong
- M
- 77 Years
Rest in Peace Ask Jeeves, every search comes to an end
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About Me
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 2020 Li & Fung was privatized through a deal worth $930 million. In 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.
Achievements
Career Highlights
A snapshot of the defining milestones, leadership decisions, and breakthroughs that shaped William Fung’s rise and global influence.
Wealth Growth
Net Worth Growth Over Time
Tracking William Fung’s net worth journey over the years, highlighting key growth phases and financial milestones.
Current Net Worth: $1.1B
(May 4, 2026)
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