What is Lei Jun's Net Worth?
Lei Jun is a Chinese businessman who has a net worth of $13 billion. Often referred to as the "Steve Jobs of China", Lei Jun is the Founder, Chairman, and CEO of Xiaomi, a tech company that develops, designs and sells smartphones, apps, and consumer electronics. Mr. Jun entered the billionaire ranks due to the soaring valuation of Xiaomi in 2012, only two years after the company's formation. Aside from the meteoric rise of his red-hot smartphone maker, Lei is also the Chairman of two other companies, YY and Kingsoft, the former is a Chinese social media site, whereas the latter is a Hong Kong-listed online game company.
Lei Jun saw a significant surge in his fortune once YY Inc. went public on the Nasdaq in November 2012. He first invested in the company in 2005 when he put in $1 million.