William Fung Net Worth

William Fung and his brother Victor are the founders of Li & Fung, a global retail supply chain company. Founded in 1906 by Fung Pak-liu, the company was taken over by the Fungs four decades later. William took over as chairman in 2012 and his brother Victor's son Spencer has been serving as Li & Fung's chief executive since 2014. William's daughter Sabrina succeeded him as deputy chairman of the family's menswear retailer Trinity in 2016, and the other two members of the fourth generation, Victor's younger son Stephen and William's son Terence, have also been rising in the family business. Despite being the world's largest supplier of clothes and toys, the company's fortune has fallen dramatically since 2011 as more brands take greater control of their supply chain.
William Fung is a member of Fashion and Retail

Age, Biography and Wiki

Birth Year	1949
Birth Place	Hong Kong, Hong Kong, Hong Kong
Age	74 YEARS OLD
Alma mater	Princeton University Harvard Business School
Occupation	businessman
Relatives	Victor Fung – brother

💰 Net worth: $1 Billion (2024)

William Fung, renowned as a prominent figure in the fashion and retail industry of Hong Kong, is anticipated to have an estimated net worth of $1 billion by 2024. Through his exceptional business acumen and strategic investments, Fung has made a significant impact in the fashion and retail sector. As a testament to his success, Fung's net worth is projected to reach this impressive milestone, solidifying his position as one of the most influential individuals in the industry.

2009 $1.7 Billion

2010 $3.5 Billion

2011 $4.4 Billion

2012 $3.8 Billion

2013 $2.6 Billion

2014 $2.5 Billion

2015 $2.2 Billion

2016 $1.6 Billion

2017 $1.5 Billion

2018 $1.5 Billion

Some William Fung images

Biography/Timeline

1949

Fung was born in 1949 in Hong Kong. He attended Princeton University in its class of 1970, majoring in electrical engineering. He subsequently earned a master in Business administration from the Harvard Business School.

1999

Dr Fung served as the international chair of the Pacific Economic Cooperation Council from 1999 to 2001.

2009

Fund endowed the "Fung Scholarship" at his alma mater, Princeton University. In 2009, he was appointed to the university's board of trustees.