William was a brother of Count Henry of Limburg-Broich.
When Henry died in 1446 William succeeded him.
William became embroiled in a dispute with the Counts of Neuenahr-Alpen over the County of Limburg in 1449, following the death of Count William of Limburg-Styrum.
After open warfare broke out, both William and the Count of Neuenahr-Alpen were subjected to the arbitration of the Archbishop of Cologne.
William died on 14 September 1473 and was succeeded by his son John.