William Fung

William and his older brother, Victor, run Li & Feng, a middleman between Chinese manufacturers and retailers in the U.S. and Europe. As the world's largest supplier of clothes and toys, the company is seen as a leader of the global retail sector. The company works with some 15,000 factories in over 40 countries.But as more brands have taken greater control of their supply chain by dealing with factories themselves, the brothers' fortune has fallen recently.The brothers' grandfather, Fung Pak-liu, founded Li & Fung with partner Li To-ming in 1906, exporting porcelain and silk.