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William Fung is a businessman from Hong Kong who has an estimated net worth of $1 billion.
William Fung is the group managing director of Li & Fung Group, one of the largest trading companies in Hong Kong. The company was founded by their grandfather Fung Pak-Liu in 1906. His older brother Victor Fung presently sits as the company's Chairman. Li & Fung Group specializes in supplying time-sensitive and high volume consumer goods including household goods, toys, apparel, furniture, fashion accessories, sporting and travel goods as well as health and beauty products.
He serves as an independent non-executive director of VTech Holdings Limited, Singapore Airlines, Shui On Land Limited and CLP Holdings Limited. He was one of Princeton University's Board of Trustees in 2009.
Earnings & Financial Data
|
Date |
Category |
Description |
Amount |
|---|---|---|---|
|
2015 |
Asset |
Estimated value of William Fung's 2,583,135,692 shares in Li & Fung Limited |
$4,260,000,000 |
|
2013 |
Others |
Contribution to the pension scheme as the Executive Director of Li & Fung Limited |
$2,000 |
|
2013 |
Bonus |
Discretionary bonuses as the Executive Director of Li & Fung Limited |
$1,880,000 |
|
2013 |
Salary |
Salary and allowances as the Executive Director of Li & Fung Limited |
$615,000 |
|
2013 |
Earnings |
Fees as the Executive Director of Li & Fung Limited |
$39,000 |
|
2012 |
Others |
Contribution to the pension scheme as the Executive Director of Li & Fung Limited |
$2,000 |
|
2012 |
Bonus |
Discretionary bonuses as the Executive Director of Li & Fung Limited |
$3,940,000 |
|
2012 |
Salary |
Salary and allowances as the Executive Director of Li & Fung Limited |
$615,000 |
|
2000 |
Sale of Asset |
Issuance of 113.2 million new shares to Colby's owners, Allan Zeman and Bruce Rockowitz |
$31,570,000 |
|
2000 |
Asset |
Acquisition cost of merchandise sourcing company Li & Fung's competitor Colby Group Holdings |
$280,000,000 |