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William Fung [1949-0] Chinese
Rank: 103
Businessman, Chairman of Li & Fung


Dr. William Fung Kwok Lun, BSE, OBE, JP 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.


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The way China is looking to boost consumer spending is astounding. They are going to boost the minimum wage by 13 percent a year every year for five years... I don't know if people realize how dramatic that is.
101
I'm not an Internet guy - I'm a business guy.
102
One of the beauties of B2B is that there is a finite number of customers. So the marketing costs are much different. You don't have to take out Super Bowl ads or plaster the New York subway system.
103

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