William Fung

$1.08 B

Ranked #3263 in World

About William Fung

William Fung Kwok Lun, born on February 21, 1949, in Hong Kong, serves as the Group Managing Director of the renowned Li & Fung Group, having significantly expanded the family business internationally. A Princeton University and Harvard Business School alumnus, Fung has played pivotal roles in various major organizations, including HSBC Holdings and Singapore Airlines, as a non-executive director. Beyond his corporate contributions, Fung is recognized for his philanthropy, notably endowing the "Fung Scholarship" at Princeton, where he also joined the board of trustees in 2009. Married with three children, Fung holds American citizenship, maintaining a legacy that bridges East and West.

Born

February 21, 1949 in Hong Kong

Age

77 years

Source Of Wealth

Sourcing

Industries

Logistics

Citizenship

Hong Kong

Residence

Hong Kong

Education

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

Spouse

Sylvia Chou Siu Mei

Children

Parent

Fung Hon-chu

William Fung Kwok Lun was born on February 21, 1949, in Hong Kong. He is the son of Fung Hon-chu, the former head of Li & Fung, and the grandson of Fung Pak Liu, the founder of the company. William Fung has a younger brother named Victor Fung Kwok King, who is the current chairman of the Li & Fung Group.

William Fung: Family

William Fung is married with three children. Like his brother Victor, he holds American citizenship.

William Fung: Career Highlights

William Fung joined the family firm, Li & Fung, after completing his education. Under his leadership, the company expanded its operations to Taiwan, South Korea, Singapore, and China. He played a crucial role in transforming Li & Fung into a global trading powerhouse.

In addition to his role at Li & Fung, William Fung has served as a non-executive director of several prominent companies, including HSBC Holdings, CLP Holdings Limited, VTech Holdings Limited, Shui On Land Limited, and Singapore Airlines. He also served as the international chair of the Pacific Economic Cooperation Council from 1999 to 2001.

William Fung: Companies

William Fung is associated with the following companies:

Li & Fung Group
HSBC Holdings
CLP Holdings Limited
VTech Holdings Limited
Shui On Land Limited
Singapore Airlines

William Fung: Major Achievements

William Fung's major achievements include:

Expanding Li & Fung's operations globally
Transforming Li & Fung into a leading global trading company
Serving as a non-executive director of several prominent companies
Chairing the Pacific Economic Cooperation Council

William Fung: Awards & Achievements

William Fung has received numerous awards and recognitions for his contributions to business and society. Some of his notable awards include:

The Order of the British Empire (OBE) in 1997
The Gold Bauhinia Star (GBS) in 2001
The Businessman of the Year award from Forbes Asia in 2006
The Lifetime Achievement Award from the Hong Kong Trade Development Council in 2016

William Fung: Personal Life & Legacy

William Fung is a philanthropist and has made significant contributions to education.

He endowed the "Fung Scholarship" at Princeton University and was appointed to the university's board of trustees in 2009. William Fung is known for his dedication to business excellence and his commitment to social responsibility.

William Fung: Trivia

William Fung is an avid golfer and enjoys playing the piano. He is also a fan of classical music and opera.

Wealth History

Timeline

February 21, 1949

William Fung Kwok Lun is born in Hong Kong.

1970

William Fung Kwok Lun graduates from Princeton University with a degree in electrical engineering.

1972

William Fung Kwok Lun earns an MBA from Harvard Business School.

1999-2001

William Fung Kwok Lun serves as the international chair of the Pacific Economic Cooperation Council.

2009

William Fung Kwok Lun is appointed to the board of trustees of Princeton University.

William Fung : FAQs

What is William Fung's current net worth?

William Fung's current net worth is $1.08 billion.

What is William Fung's current global rank among billionaires?

William Fung holds the 3263rd position globally among billionaires.

What is William Fung's current ranking within the Hong Kong?

William Fung holds the 71st position in Hong Kong.

What was the change in William Fung's net worth compared to the previous year?

William Fung's net worth decreased by 3.13 million dollars compared to the previous year 2025, when his net worth was 1.08 billion dollars.

What is the recent change in William Fung's net worth?

William Fung's net worth decreased by 0.13 million dollars recently, a 0.01% decrease, with his net worth standing at 1.08 billion dollars.

What are William Fung's main sources of wealth?

William Fung's main source of income comes from Sourcing.

In which industry does William Fung primarily operate?

William Fung is primarily involved in the Logistics industry.

What is William Fung educational background?

William Fung holds a Master of Business Administration from Harvard University and a Bachelor of Arts/Science from Princeton University.

How old is William Fung?

William Fung is 77 years old.

How many children does William Fung have?

William Fung has 3 children.

Who is William Fung Kwok Lun and why is he significant in Hong Kong's business landscape?

William Fung Kwok Lun, born on February 21, 1949, in Hong Kong, is the Group Managing Director of Li & Fung Group, a leading trading company. Son of Fung Hon-chu and grandson of the founder, Fung Pak Liu, William plays a crucial role in the company's global presence alongside his brother, Victor Fung Kwok King, the group's chairman.

What are William Fung Kwok Lun's educational qualifications?

William Fung Kwok Lun attended Princeton University, where he majored in electrical engineering, graduating in the class of 1970. He furthered his education by earning an MBA from Harvard Business School in 1972.

Can you outline William Fung Kwok Lun's contributions to the expansion of Li & Fung Group?

William Fung significantly contributed to Li & Fung Group's expansion by extending its reach to Taiwan, South Korea, Singapore, and China after joining the family firm, thereby strengthening its position in the global market.

What philanthropic efforts has William Fung Kwok Lun been involved in?

William Fung demonstrates his commitment to education through philanthropy, such as endowing the 'Fung Scholarship' at Princeton University. He also serves on the university's board of trustees, reflecting his dedication to giving back to the academic community.

What roles does William Fung Kwok Lun hold outside of Li & Fung Group?

Beyond his duties at Li & Fung Group, William Fung serves as a non-executive director for several prestigious organizations, including HSBC Holdings, CLP Holdings Limited, VTech Holdings Limited, Shui On Land Limited, and Singapore Airlines. He also served as the international chair of the Pacific Economic Cooperation Council from 1999 to 2001.