Victor Fung

Victor Fung

Victor Fung (#3304)

Global Rank #3304
Country Rank #972
Country United States

Victor Fung is listed among the world billionaires tracked by Iconic Billionaires.

  • $ 1 B
  • Sourcing
  • United States
  • M
  • 80 Years

Snapshot

Quick Facts

Global Rank #3,304
Country Rank #972
Net Worth $1.1B
Previous Worth $1.1B
Worth Change +$0.0B
Country United States
Industry Sourcing
Age 80 Years
Gender M
Worth As Of May 4, 2026
Residence Hong Kong, Hong Kong
Citizenship United States

Profile Data

Personal Stats

Age 80
Source Of Wealth Sourcing
Self Made Score 5
Residence Hong Kong, Hong Kong
Citizenship United States
Marital Status Married
Children 3
Education Doctorate, Harvard University; Bachelor of Arts/Science, Massachusetts Institute of Technology
Net Worth Change +$0.0B +0.0% from previous worth
Previous Net Worth $1.1B
Current Net Worth $1.1B

Worth as of May 4, 2026

About Me

Victor Fung and his younger brother William own a significant stake in Li & Fung, which operates as a middleman between global manufacturers and retailers in the U.S. and Europe. Victor chaired Li & Fung until William took over in 2012. Victor's son, Spencer, became executive chairman in 2020. In 2020 Li & Fung was privatized through a deal worth $930 million. In 2022, Danish shipping giant A.P. Moller-Maersk acquired the brothers' logistics business, LF Logistics, for $3.4 billion. Their grandfather, Fung Pak-liu, founded Li & Fung with partner Li To-ming in 1906 by exporting porcelain and silk.

Achievements

Forbes List Highlights

A snapshot of the list placements and rankings connected to Victor Fung.

#3185
Billionaires (2026)

Wealth Growth

Net Worth Growth Over Time

Tracking Victor Fung's net worth journey over the years, highlighting key growth phases and financial milestones.

Worth Trend Net Worth Growth
Period Change Worth Movement
Current Net Worth: $1.1B (May 4, 2026)