Portrait of Lei Jun

Rank #119

Lei Jun

Net worth $22.9B

Smartphones, automobiles · China

Born
Dec 16, 1969
Age
56
Source
Smartphones, automobiles
Residence
Beijing, Beijing
Citizenship
China
Marital status
Married
Children
2
Education
Bachelor of Science in Engineering, Wuhan University

Net worth over time

Biography

  • Lei Jun is cofounder, chairman and CEO of Hong Kong-listed Xiaomi, one of the world's most popular smartphone brands.
  • Best known for its value-for-money devices, Xiaomi has also been trying to crack the high-end market.
  • The company is making inroads in the electric vehicle market as well, after Lei first announced his EV ambition in 2021.
  • So far, Xiaomi has launched the SU7 electric sedan and the YU7 electric SUV. Both models are known for their affordable prices and stylish design.
  • Lei is also the chairman of Hong Kong-listed software firm Kingsoft and an investor in JOYY, a Nasdaq-listed live-streaming and social media platform formerly known as YY.com.
  • Lei's first success was selling online retailer Joyo.com to Amazon in 2004 for $75 million.

Financial assets

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