Along with his younger brother William Fung, Victor Fung has worked for more than 20 years to master the global supply chain. The cross-border trade and consumer goods distribution giant they built together has set up offices in more than 70 countries around the world in that time, and pulled in a 2011 net profit of $681.2 million, a 24% increase from the previous year.
As the global supply chain continues to evolve and the U.S. and European consumer economies remain less than buoyant, the Li & Fung Group plans to search for new business growth and will need to make its distribution channels even smoother than they are today.
Editor's note: A previous version of this slide incorrectly identified Victor Fung's brother and business partner as Stephen Fung. His name is William Fung.
The dean of the Guanghua School of Management, Hongbin Cai, thinks China's B-schools can churn out entrepreneurs - by emulating the U.S.
