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Lei Jun, a self-made Chinese billionaire and the mind behind Xiaomi, boasts a net worth ranging between $7.5-8.1 billion according to Forbes and Bloomberg. Born to teacher parents in 1969, Jun’s early fascination with electronics spurred his journey to becoming a tech mogul. A Wuhan University graduate, he founded Xiaomi in 2010, earning recognition for his entrepreneurial and philanthropic endeavors, including significant charity donations and accolades like Forbes' Businessman of the Year. His firm faced controversy in 2023 for its business ties with Russia.
December 16, 1969 in Xiantao, Hubei, China
56 years
Smartphones, Automobiles
Technology
China
Beijing
Bachelor of Science in Engineering, Wuhan University
Zhang Tong
2
Lei Jun was born on December 16, 1969, in Xiantao, Hubei, China. His parents were teachers who faced challenges during the period following the Cultural Revolution. Despite these difficulties, Lei Jun developed an early interest in electronics, disassembling and reassembling radios.
Lei Jun: Family
Lei Jun is married to Zhang Tong, and they have two children together.
Lei Jun: Career Highlights
Lei Jun's career is marked by several significant achievements. He founded his first company, Gundugoms, during his last year of college. In 1992, he joined Kingsoft as an engineer and rose to become the company's CEO in 1998. Under his leadership, Kingsoft went public in 2007. Lei Jun also founded Joyo.com, an online bookstore, in 2000, and sold it to Amazon.com for $75 million in 2004.
In 2005, he invested $1 million in YY, which became worth $129 million when the company went public in 2012. He became chairman of UCWeb in 2008 and co-founded Xiaomi with partners in 2010, including former Google executive Lin Bin.
Lei Jun: Companies
Lei Jun has been involved with several notable companies throughout his career. He founded Gundugoms, Joyo.com, and Xiaomi. He also served as CEO of Kingsoft and chairman of UCWeb.
Lei Jun: Major Achievements
Lei Jun's major achievements include founding Xiaomi, one of the world's largest consumer electronics companies. He also led Kingsoft's successful IPO and played a significant role in the growth of YY and UCWeb.
Lei Jun: Awards & Achievements
Lei Jun has received numerous awards and recognition for his contributions to the tech industry. He was named Businessman of the Year by Forbes in 2014 and was included in the Time 100 in 2015. In 2019, he was recognized as an "Outstanding Builder of Socialism with Chinese Characteristics."
Lei Jun: Personal Life & Legacy
Lei Jun is known for his limited English proficiency and often uses a translator when speaking to the media.
He is also known for his philanthropic efforts, including donations to charity, schools, and disaster relief. In 2021, he donated over $2.2 billion worth of Xiaomi shares to charity.
Lei Jun: Trivia
Lei Jun was listed on the National Agency on Corruption Prevention's list of International Sponsors of War in 2023 for maintaining business in Russia after the invasion of Ukraine. He co-founded Shunwei Capital, an investment company, in 2011, focusing on e-commerce, social networking, and mobile industries. He was appointed as a delegate of the National People's Congress in 2013.
Lei Jun was born in Xiantao, Hubei, China.
Lei Jun graduated from Wuhan University with a Bachelor of Arts in computer science.
Lei Jun joined Kingsoft as an engineer.
Lei Jun became the CEO of Kingsoft.
Lei Jun founded Joyo.com, an online bookstore.
Lei Jun sold Joyo.com to Amazon.com for $75 million.
Lei Jun invested $1 million in YY, which became worth $129 million when the company went public in 2012.
Lei Jun resigned from Kingsoft for health reasons.
Kingsoft went public.
Lei Jun became chairman of UCWeb.
Lei Jun co-founded Xiaomi with partners, including former Google executive Lin Bin.
Lei Jun co-founded Shunwei Capital, an investment company.
Lei Jun rejoined Kingsoft as chairman.
Lei Jun was appointed as a delegate of the National People's Congress.
Lei Jun received the Businessman of the Year award from Forbes.
Lei Jun was included in the Time 100.
Lei Jun was recognized as an "Outstanding Builder of Socialism with Chinese Characteristics", leading to Xiaomi's inclusion on a U.S. Department of Defense list of companies supporting China's military.
Lei Jun donated over $2.2 billion worth of Xiaomi shares to charity.
Lei Jun was listed on the National Agency on Corruption Prevention's list of International Sponsors of War for maintaining business in Russia after the invasion of Ukraine.
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