Billionaire Profile
H
Global Rank
#1467

Image: Dhyana | Public domain | via Wikimedia Commons

Hong Feng

CEO, Smartphones
CHINA
Real-Time Net Worth
$2.801B
Estimated based on Smartphones stock value as of March 6, 2026
+3.44% (24h)
Age
49
Source
Smartphones
Industry
Technology
Citizenship
CHINA

Biography

Hong Feng is a prominent Chinese billionaire and co-founder of Xiaomi, a leading global technology company specializing in smartphones and consumer electronics. His estimated net worth is $3.0 billion, primarily derived from his stake in Xiaomi. Feng, a graduate of Shanghai Jiao Tong University and Purdue University, played a crucial role in shaping Xiaomi's software development and ecosystem strategy. His career includes roles at Siebel and Google before co-founding Xiaomi in 2010. As Senior Vice President, he oversaw the expansion of Xiaomi's product offerings and the development of its MIUI operating system. Beyond business, Feng is also a philanthropist, supporting educational and environmental causes. He is known for his innovative leadership and commitment to social impact, driving the company’s expansion into the Internet of Things (IoT) sector.

Fact Checked
Verified by Editorial Team
Live Data
Updated 3/6/2026

Wealth Over Time

In-Depth Profile

Early Life and Education

While specific details about Hong Feng's early life are not widely publicized, it is known that he holds a Bachelor of Science in Engineering from Shanghai Jiao Tong University and a Master's degree in Business Administration from Purdue University. These educational foundations laid the groundwork for his successful career in technology and entrepreneurship.

Rise to Success

Hong Feng co-founded Xiaomi in 2010 alongside Lei Jun and other partners. He served as Senior Vice President, playing a pivotal role in the company's software development and ecosystem strategy. Feng was instrumental in driving Xiaomi's product offerings and expanding into a wide range of smart devices and home appliances. He also spearheaded the establishment of Xiaomi Finance, aiming to provide accessible and efficient financial services. Xiaomi quickly gained a reputation for its innovative products and disruptive business model.

Key Business Strategies

Xiaomi's success is attributed to its focus on high-quality, affordable smartphones, and a user-centric approach. Feng's expertise in software development was a cornerstone of Xiaomi's strategy, creating an ecosystem that integrates software and internet services to enrich the user experience. The company's focus on customer feedback and iterative design has led to rapid innovation cycles, ensuring that Xiaomi’s offerings are always at the cutting edge of technology.

Philanthropy

Hong Feng is known for his philanthropic efforts, supporting various educational and technological initiatives. He has contributed to the China Youth Development Foundation and other environmental causes.

Career Milestones

2010

Co-founded Xiaomi

Co-founded Xiaomi, a leading smartphone and consumer electronics company, alongside Lei Jun and other partners.

2010

Senior Vice President at Xiaomi

Played a crucial role in Xiaomi's software development and ecosystem strategy, overseeing the expansion of product offerings.

2010

Chairman of Xiaomi Finance

Spearheaded the establishment of Xiaomi Finance, focusing on financial services and products.

Philanthropy & Social Impact

Education

China Youth Development Foundation

Undisclosed

Supported educational initiatives.

Environment

Green Technology Initiatives

Undisclosed

Launched new green technology initiatives.