William Fung

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William Fung
Born 1949
Hong Kong
Nationality Chinese/American
Alma mater Princeton University
Harvard Business School
Occupation businessman
Net worth US$3.7 billion (2016)
Relatives Victor Fung – brother

Dr. William Fung Kwok Lun, BSE, OBE, JP (Chinese: 馮國綸) (born 1949 in Hong Kong with family roots in Heshan, Guangdong) is a Hong Kong entrepreneur who is the group managing director of Li & Fung Group, one of the largest trading companies in Hong Kong.

Early life[edit]

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.[1]

Fung is one of two sons of Fung Hon-chu, former head of Li & Fung and grandson of Fung Pak Liu, founder of the family firm.[1] He is the younger brother of Dr. Victor Fung Kwok King, the chairman of the group.[1]

Career[edit]

Fung joined the family firm, and he helped it expand to Taiwan, South Korea, Singapore and China.[1]

Fung is also non-executive director of HSBC Holdings and an independent non-executive director of CLP Holdings Limited, VTech Holdings Limited, Shui On Land Limited and Singapore Airlines.[2]

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

Philanthropy[edit]

Fund endowed the "Fung Scholarship" at his alma mater, Princeton University. In 2009, he was appointed to the university's board of trustees.[3]

Personal[edit]

Fung is married with three children and, like his brother Victor, holds American citizenship.[4]

References[edit]

  1. ^ a b c d Broughton, Philip Delves (2010). What They Teach You At Harvard Business School: My Two Years Inside the Cauldron of Capitalism. London, U.K.: Viking. p. 153. ISBN 9780141046488. OCLC 559782256. 
  2. ^ Dr. William K. Fung
  3. ^ Fairsmith, Christine, "Princeton names William Fung '70 to Board of Trustees", university news page, 31 August 2009.
  4. ^ "Victor Fung & family". Forbes. March 10, 2010. Retrieved March 12, 2016. 

See also[edit]