William Fung
Encyclopedia
Dr. William Fung Kwok Lun, BSE, OBE, JP
(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, as well as an alumnus and trustee of Princeton University
. He is the younger brother of Dr. Victor Fung Kwok King
, the chairman of the group. 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
.
in its class of 1970, majoring in electrical engineering
. Since graduating, he has remained active at the university; there is a "Fung Scholarship" endowed in his name. In 2009, he was appointed to the university's board of trustees.
Justice of the Peace
A justice of the peace is a puisne judicial officer elected or appointed by means of a commission to keep the peace. Depending on the jurisdiction, they might dispense summary justice or merely deal with local administrative applications in common law jurisdictions...
(born 1949 in Hong Kong
Hong Kong
Hong Kong is one of two Special Administrative Regions of the People's Republic of China , the other being Macau. A city-state situated on China's south coast and enclosed by the Pearl River Delta and South China Sea, it is renowned for its expansive skyline and deep natural harbour...
with family roots in Heshan
Heshan
Heshan also known as Hok San in Cantonese is a county-level city of Siyi prefecture administered from Jiangmen city in the southern part of Guangdong province of the People's Republic of China....
, Guangdong
Guangdong
Guangdong is a province on the South China Sea coast of the People's Republic of China. The province was previously often written with the alternative English name Kwangtung Province...
) is a Hong Kong entrepreneur
Entrepreneur
An entrepreneur is an owner or manager of a business enterprise who makes money through risk and initiative.The term was originally a loanword from French and was first defined by the Irish-French economist Richard Cantillon. Entrepreneur in English is a term applied to a person who is willing to...
who is the group managing director of Li & Fung
Li & Fung
Li & Fung Limited is a global trading group, based in Hong Kong, that supplies high-volume, time-sensitive consumer goods. Garments make up around two-thirds of the Li & Fung business which also covers the sourcing of hardgoods such as fashion accessories, furnishings, gifts, handicrafts, home...
Group, one of the largest trading
Trade
Trade is the transfer of ownership of goods and services from one person or entity to another. Trade is sometimes loosely called commerce or financial transaction or barter. A network that allows trade is called a market. The original form of trade was barter, the direct exchange of goods and...
companies in Hong Kong, as well as an alumnus and trustee of Princeton University
Princeton University
Princeton University is a private research university located in Princeton, New Jersey, United States. The school is one of the eight universities of the Ivy League, and is one of the nine Colonial Colleges founded before the American Revolution....
. He is the younger brother of Dr. Victor Fung Kwok King
Victor Fung
Victor Fung Kwok-king , GBS , is the Group Chairman of Li & Fung group of companies. Together with his brother William, he owns a controlling stake of 32% in the business, which was founded by his grandfather....
, the chairman of the group. Fung is also non-executive director
Non-executive director
A non-executive director or outside director is a member of the board of directors of a company who does not form part of the executive management team. He or she is not an employee of the company or affiliated with it in any other way...
of HSBC Holdings and an independent non-executive director of CLP Holdings Limited, VTech Holdings Limited
VTech
VTech is the common name of Video Technology Ltd. , a Hong Kong-based manufacturer of consumer electronics...
, Shui On Land Limited and Singapore Airlines
Singapore Airlines
Singapore Airlines Limited is the flag carrier airline of Singapore. Singapore Airlines operates a hub at Changi Airport and has a strong presence in the Southeast Asia, East Asia, South Asia, and "Kangaroo Route" markets...
.
Princeton University
Fung attended Princeton UniversityPrinceton University
Princeton University is a private research university located in Princeton, New Jersey, United States. The school is one of the eight universities of the Ivy League, and is one of the nine Colonial Colleges founded before the American Revolution....
in its class of 1970, majoring in electrical engineering
Electrical engineering
Electrical engineering is a field of engineering that generally deals with the study and application of electricity, electronics and electromagnetism. The field first became an identifiable occupation in the late nineteenth century after commercialization of the electric telegraph and electrical...
. Since graduating, he has remained active at the university; there is a "Fung Scholarship" endowed in his name. In 2009, he was appointed to the university's board of trustees.