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Lei Jun (born 16 December 1969) is a Chinese billionaire entrepreneur and philanthropist.He is known for founding the consumer electronics company Xiaomi.As of 2025, Lei's net worth was estimated at either US$27.4 billion according to the Bloomberg Billionaires Index, making him the 76th wealthiest person in the world, [3] or at $28.6 billion by Forbes, ranking him 70th worldwide.
Xiaomi was founded in 2010 in Beijing by Lei Jun along with six associates. Lei had founded Kingsoft as well as Joyo.com, the latter of which he sold to Amazon for $75 million in 2004. In August 2011, Xiaomi released its first smartphone and, by 2014, it had the largest market share of smartphones sold in China.
Lei Jun, the CEO of the group, would also serve as the CEO of the intelligent electric vehicle business. [2] On September 1, 2021, Xiaomi Automobile Co., Ltd. was officially established. On November 27, 2021, the Municipal Government of Beijing and Xiaomi officially signed a cooperation agreement, formally announcing Xiaomi Automobile's ...
Both Xiaomi and its founder, Lei Jun, are big fans of Apple. The Chinese smartphone maker embraces Apple-like designs in its products and advertising, leading some to dub the company "the Apple of ...
The following are partial lists of the Forbes list of Chinese billionaires (converted into USD) and is based on an annual assessment of wealth and assets compiled and published by Forbes magazine in 2022. [1]
In 2010 Lin co-founded Xiaomi together with Lei Jun and five other individuals, serving as president of the company. [4] After previously stepping down from his role, in 2019 he became the vice chairman of the company. [5] Lin Bin made the 2025 Forbes Billionaires List with an estimated wealth of $13.1 billion and occupied the 136th position. [1]
Xiaomi announced its intent to enter the electric vehicle market in March 2021. Xiaomi founder and CEO Lei Jun claimed the company would invest 10 billion yuan (US$1.4 billion) into the project. Xiaomi Automobile was established in 2021, based in the Beijing Economic and Technological Development Zone.
Shunwei Capital was founded in 2011 by Lei Jun and Tuck Lye Koh. [1] [2] Lei was previously the CEO of Kingsoft until 2007, as well as founder of Xiaomi in 2010.[1] [3] [2] Meanwhile, Koh was a Singaporean who worked in China for GIC and C.V. Starr Investment Advisors dealing with technology investments.