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Billionaire Profile
Lei Jun
Global Rank
#86

Image: China News Service | CC BY 3.0 | via Wikimedia Commons

Lei Jun

CEO, Smartphones
CHINA
Real-Time Net Worth
$27.061B
Estimated based on Smartphones stock value as of March 6, 2026
+5.55% (24h)
Age
56
Source
Smartphones, automobiles
Industry
Technology
Citizenship
CHINA

Biography

Lei Jun is a prominent Chinese billionaire entrepreneur and computer engineer. He is best known as the founder, chairman, and CEO of Xiaomi, a leading consumer electronics company. His wealth source is primarily from his stake in Xiaomi and its related businesses. Lei Jun's career began at Kingsoft, and he later founded Joyo.com. He has been recognized for his entrepreneurial achievements, including being named Forbes Asia's Businessman of the Year in 2014 and recognized by Time 100 in 2015. Lei Jun has also been a deputy to the National People's Congress of the People's Republic of China since 2013.

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

Wealth Over Time

In-Depth Profile

Early Life

Lei Jun was born on December 16, 1969, in Xiantao, Hubei, China. His parents were teachers. Lei developed an early interest in electronics, often disassembling and reassembling radios. He graduated from Wuhan University in 1991 with a Bachelor of Science degree in Computer Science.

Rise to Success

Lei Jun began his career in 1992 at Kingsoft, rising to CEO in 1998. He led Kingsoft through an IPO. In 2010, he co-founded Xiaomi with several partners. Under his leadership, Xiaomi quickly gained popularity, becoming a leading smartphone manufacturer globally. Lei Jun is also involved in electric vehicles, with Xiaomi launching the SU7 electric sedan and the YU7 electric SUV.

Key Business Strategies

Xiaomi's success is built on providing high-quality products at affordable prices. Lei Jun has focused on customer feedback and community engagement. Xiaomi has expanded into the electric vehicle market.

Philanthropy

Lei Jun has donated significant amounts to charity, including a donation of $2.2 billion worth of Xiaomi shares to charity in 2021.

Career Milestones

1991

Graduated from Wuhan University

Received a Bachelor of Science degree in Computer Science.

1992

Joined Kingsoft

Began working at Kingsoft as an engineer.

1998

CEO of Kingsoft

Became the CEO of Kingsoft.

2004

Sold Joyo.com

Sold Joyo.com to Amazon for $75 million.

2010

Founded Xiaomi

Co-founded Xiaomi with partners, including Lin Bin.

2013

National People's Congress

Appointed as a deputy of the National People's Congress of the People's Republic of China.

2014

Forbes Asia Businessman of the Year

Named Forbes Asia's Businessman of the Year.

Philanthropy & Social Impact

Education and Social Causes

Charitable Donations

$2.2B

Donated $2.2 billion worth of Xiaomi shares to charity in 2021.

Business Philosophy & Leadership

Notable Quotes

""The only way to do great work is to love what you do.""

""The biggest risk is not taking any risks.""

""The most important thing is to focus, focus, focus.""

""Let everyone enjoy the fun of technology.""

Leadership Principles

Focus

Emphasizes the importance of concentration on core objectives.

Customer-Centricity

Prioritizes user feedback and community engagement in product development.

Innovation

Committed to bringing the newest and most innovative technology.

Speed

Emphasizes the importance of speed in the internet age, stressing that speed is a key competitive advantage.

Controversies & Challenges

2023

Business Ties with Russia

Xiaomi faced controversy for maintaining business in Russia after the invasion of Ukraine. Lei Jun was listed on the National Agency on Corruption Prevention's list of International Sponsors of War.

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