Lei Jun Wiki, Bio, Positions, Investments, Salary & Net Worth
Lei Jun is a renowned Chinese business executive and philanthropist, better known as the co-founder and CEO of Xiaomi, a leading global company in the consumer electronics space. He has held several senior positions, including Chairman of Kingsoft Corporation Limited, and has made significant investments in various innovative businesses, including JOYY Inc. and UCWeb.
His journey from founding his first company, Gundugoms, during his last year of college, to leading Xiaomi to its current success, shows his strategic insight and leadership.
Lei Jun’s contributions to the technology world and his philanthropic endeavors make him a prominent figure in the global tech industry. If you want to know about this billionaire’s journey from zero to hero, here’s a complete overview of Lei Jun’s professional and personal life.
Quick Facts About Lei Jun
Full Name | Lei Jun |
Current Position | CEO of Xiaomi |
Birth Date | 16 December 1969 |
Birth Place | China |
Education | Wuhan University |
Wife | Zhang Tong |
Children | Two kids |
Estimated Net Worth | $14 billion |
Lei Jun’s Educational Qualifications
Lei Jun was born on December 7, 1969, in Xiantao. His parents, both educators, instilled in him a love for learning. Lei Jun’s passion for electronics began in his childhood when he spent hours dismantling and reassembling radios. His ingenuity led him to construct the first electric lamp in his village, using two batteries, a bulb, a handmade wooden box, and some wires.
After completing his schooling at Mianyang Middle School in 1987, Lei Jun pursued higher education at Wuhan University. He graduated in 1991 with a Bachelor of Arts degree in Computer Science. It was during his final year of college that he laid the foundation for his first venture, Gundugoms. This marked the beginning of his inspiring career in the technology sector.
Current Positions of Lei Jun
Companies | Position |
KINGSOFT CORPORATION LIMITED | Founder |
XIAOMI CORPORATION | Chief Executive Officer |
BEIJING KINGSOFT OFFICE SOFTWARE, INC. | Director/Board Member |
KINGSOFT CLOUD HOLDINGS LIMITED | Chairman |
Guangzhou Huaduo Network Technology Co., Ltd. | Independent Dir/Board Member |
Xiaomi Ventures Ltd. (British Virgin Islands) | Chairman |
Xiaomi, Inc. | Chairman |
Xiaomi Singapore Pte. Ltd. | Chief Executive Officer |
Xiaomi Technology (Wuhan) Co., Ltd. | Chief Executive Officer |
Awards & Achievements
- Businessman of the Year by Forbes in 2014
- Listed in Time 100 list in 2015
Lei Jun’s Wife and Kids
Lei Jun’s wife is Zhang Tong, from whom he has two children. In the year 2013, he was honored with a delegate position at the National People’s Congress. As of 2016, his proficiency in English was limited, and he often communicated with the media through an interpreter.
Lei Jun’s Salary and Other Incomes in 2024
Lei Jun, as the CEO of Xiaomi, earns an annual salary of around $13.8 billion, making him one of the highest-paid executives in the tech industry. However, his earnings are not limited to his salary. Lei Jun’s net worth is estimated to be $14 billion, which includes his investments and other income sources. Despite the fluctuations in the tech market, Lei Jun’s financial status has ensured a steady growth in his wealth. His financial status underscores his successful career in the technology sector.
Lei Jun’s Net Worth in 2024
As of 2024, Lei Jun has an estimated net worth of approximately $14 billion. His wealth is not just from his salary, but also from his substantial shareholdings. He holds around 466,161,000 shares in Kingsoft Cloud Holdings Ltd (HKSE:03896), which are valued at over $867 million. This significant stake contributes to his overall wealth, making him one of the wealthiest individuals in the tech industry.
Current Holdings of Lei Jun
Name | Equities | Percentage | Valuation |
XIAOMI CORP. | 4,113,113,657 | 88.37% | $6946 million |
XIAOMI CORP. CLASS B | 1,967,520,412 | 9.59% | $3322 million |
KINGSOFT CORP. LTD. | 174,818,191 | 12.80% | $488 million |
JOYY, INC. | 122,741,483 | 28.72 | $193 million |
Surprising Facts About Lei Jun You Should Know
- Despite being the CEO of Xiaomi, one of China’s biggest tech companies, Lei Jun does not take a salary.
- Lei Jun is often compared to Steve Jobs due to his ability to turn startups into global powerhouses.
- Lei Jun is known for his reading habit, consuming up to one book weekly.
- Before Xiaomi, Lei Jun founded several other companies, including Joyo.com and YY.
- Lei Jun is committed to philanthropy. In 2018, he donated his $1.5 billion bonus to charity.
- Lei Jun is known for wearing blue jeans, white shirts, and black coats during product launches, much like Steve Jobs.
- Lei Jun has made significant investments in various startups, indicating his interest in supporting innovative ventures.
- Jun believes that social networking, e-commerce, and mobile Internet will be the three most impactful growth drivers over the next decade in tech.
- Lei Jun has received numerous honors and awards, including being named “Businessman of the Year” in 2014 by Forbes Asi.
Popular Quotes by Lei Jun
“When I was at Kingsoft, I was under pressure and worked hard, but the results were not satisfactory.”
“Xiaomi looks a bit like Apple but is really more like Amazon with some elements of Google.”
“Do what you want to do. Do what you like to do.”
“Most of the fans have ideas about their perfect phone. But many of them can’t do it because building a phone is tough. So they would give us feedback about the features that they think should be included in our next model. And if we incorporated that in our new phone, they will share the good news with their friends.”
“Things get much easier if one jumps on the bandwagon of existing trends.”
“We got to know a lot of investors and know what they like and don’t like. Through many co-investments opportunities, we have built trust among these investors. So when it came to investing in Xiaomi, things were a lot easier.”
FAQs
What did Lei Jun Study?
Lei Jun completed his schooling at Mianyang Middle School in 1987. He pursued higher education at Wuhan University. He graduated in 1991 with a Bachelor of Arts degree in Computer Science.
Who is the Owner of Xiaomi?
Lei Jun is the co-founder and chief executive officer (CEO) of Xiaomi.
Who is the CEO of MI Global?
Lei Jun is the chief executive officer (CEO) of Xiaomi (Mi) Global.
Where is Lei Jun from?
Lei Jun was born on December 7, 1969, in Xiantao (China).
Who is the Mother Company of Mi?
The mother company of Mi is Xiaomi Inc (Xiaomi), a subsidiary of Xiaomi Corporation.