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Lei Jun

In this Chinese name, the family name is Lei.
Lei Jun
雷军
Lei in 2025 at a congressional session
Born (1969-12-16) 16 December 1969 (age 55)
Xiantao, Hubei, China
Alma materWuhan University (BEng)
Occupation(s)Founder, Chairman & CEO of Xiaomi[1]
Chairman of Kingsoft
Chairman of UCWeb Inc.[1]
Chairman of YY.com[1]
Chairman of Shunwei Capital
Known forFounder of Xiaomi[1]
Political partyNonpartisan[2]
Board member ofKingsoft
SpouseZhang Tong (张彤)
Children2
WebsiteWeibo page
Lei Jun
Simplified Chinese雷军
Traditional Chinese雷軍
Transcriptions
Standard Mandarin
Hanyu PinyinLéi Jūn
IPA[lěɪ.tɕýn]

Lei Jun (born 16 December 1969) is a Chinese billionaire entrepreneur, computer engineer, and nonpartisan congressman. He is known for being the founder, chairman, and CEO of the consumer electronics company Xiaomi. He also serves as the chairman of Kingsoft and Shunwei Capital. Lei has been serving as congressman of the National People's Congress since 2013.

As of 2025, Lei's net worth was estimated at US$44.6 billion by Forbes, ranking him 36th worldwide.[3]

Early life and education

Lei was born on 16 December 1969 in the city of Xiantao, Hubei, China. Both of his parents were teachers;[4] his father made $7 a month.[5] As a child, he was interested in electronics and liked disassembling and re-assembling radios, which was encouraged by his father.[6] He made the first electric lamp in his village using two batteries, a bulb, a self-made wooden box, and some wires.[7]

In 1987, he graduated from Hubei Provincial Mianyang High School (湖北省沔阳中学) and started to attend Wuhan University. He graduated from Wuhan University and received a Bachelor of Engineering degree with a major in computer engineering in 1991.[1]

Career

In 1992, Lei joined Kingsoft as an engineer. He became the CEO of the company in 1998 and led it towards an initial public offering on the Hong Kong Stock Exchange in 2007. On 20 December 2007, he resigned as president and CEO of Kingsoft for "health reasons".[8]

In 2000, Lei founded Joyo.com, an online bookstore, which he sold for US$75 million to Amazon.com in 2004.[9] In 2005, he made a $1 million investment in YY; those shares were worth $129 million when the company became a public company via an initial public offering in 2012.[10] In 2008, he became a chairman of UCWeb.[11]

In 2010, Lei founded Xiaomi with multiple partners, including former Google executive Lin Bin.[12]

In 2011, he co-founded Shunwei Capital (Chinese: 顺为资本), an investment company, via which he invests in companies in the e-commerce, social networking, and mobile industries.[13] Also in 2011, he rejoined Kingsoft as chairman.[8]

Politics

Lei Jun is a nonpartisan person.[14] He was elected to serve congressman of the 12th National People's Congress for the Guangdong congressional district in 2013.[15] He was elected to serve as congressman of the 13th National People's Congress for the Beijing congressional district in 2018.[16] He was re-elected to serve as congressman of the 14th National People's Congress for the Beijing congressional district in 2023.[17]

Philanthropy

By 2017, Lei had donated $1 billion to charity, starting with a ¥140,000 donation in 1997 to his alma mater, Wuhan University. He later made donations to Zhuhai Charity, an organization that funds schools for migrants, the villagers of Yangchun for the renovation of schools and mudbrick houses and construction of cultural buildings, the victims of the 2013 Lushan earthquake, and was a participant in the Ice Bucket Challenge to raise funds for amyotrophic lateral sclerosis.[18] In 2021, he donated over $2.2 billion worth of Xiaomi shares to charity.[19]

In 2023, Lei Jun donated 1.3 billion yuan to Wuhan University, the largest individual donation the university has ever received.[20][21]

Personal life

Lei and his wife Zhang Tong (张彤) have two children.[3]

Awards and recognition

In 2014, Lei was named Businessman of the Year by Forbes.[22] In 2015, he was named to the Time 100.[23]

In 2019, Lei was recognized as an "Outstanding Builder of Socialism with Chinese Characteristics" (Chinese: 优秀中国特色社会主义事业建设者). The recognition was used by the United States Department of Defense as one of the reasons to add Xiaomi Corporation to a list of companies that support China's military in January 2021.[24] Later, the blacklisting of Xiaomi was blocked by a United States federal court and was removed by the United States Department of Defense after an agreement with Xiaomi was reached.[25][26]

References

  1. ^ a b c d e "LEI JUN". Xiaomi.
  2. ^ "雷军". Xinhua News Agency. Archived from the original on 16 March 2025. Retrieved 16 March 2025.
  3. ^ a b "Lei Jun". Forbes.
  4. ^ Lucas, Louise (22 June 2018). "Lei Jun hits another wall in bid to take Xiaomi public". Financial Times.
  5. ^ CAMBELL, CHARLIE (12 July 2018). "Lei Jun Wants to Be india's Answer to Steve Jobs. But Trump's Trade War Is Getting In His Way". Time.
  6. ^ Melanie Lee (7 December 2012). "Lei Jun, Founder Of Xiaomi, Might Just Be 'China's Steve Jobs'". HuffPost. Reuters.
  7. ^ "Childhood stories of the top 5 Chinese tech bosses". Yahoo!. 2 June 2016.
  8. ^ a b "Chinese Billionaire Lei Jun's Long, Twisting Road At Kingsoft". Forbes. 19 July 2012. Archived from the original on 8 September 2017.
  9. ^ "Amazon.com to Acquire Joyo.com Limited" (Press release). Amazon.com. 19 August 2004.
  10. ^ He, Laura (27 November 2012). "Chinese Billionaire Lei Jun Sees Hundred-fold Return After YY IPO". Forbes.
  11. ^ Russell Flannery (28 April 2014). "Alibaba, UCWeb Team Up In Mobile Search". Forbes. Archived from the original on 8 September 2017.
  12. ^ Mozur, Paul; Wang, Shanshan (15 December 2014). "The Rise of a New Smartphone Giant: China's Xiaomi". The New York Times. Retrieved 1 December 2023.
  13. ^ "Here's why Xiaomi is China's most important tech company". Tech In Asia. 19 December 2014. Archived from the original on 11 January 2015.
  14. ^ "雷军". Xinhua News Agency. Archived from the original on 16 March 2025. Retrieved 16 March 2025.
  15. ^ "授权发布:中华人民共和国第十二届全国人民代表大会代表名单 - 2013两会 - 新华网". www.xinhuanet.com. Archived from the original on 16 March 2025. Retrieved 16 March 2025.
  16. ^ "中华人民共和国第十三届全国人民代表大会代表名单_滚动新闻_中国政府网". www.gov.cn. Retrieved 16 March 2025.
  17. ^ "中华人民共和国第十四届全国人民代表大会代表名单". 中华人民共和国最高人民检察院 Supreme People's Procuratorate. Archived from the original on 16 March 2025. Retrieved 16 March 2025.
  18. ^ Onawole, Habeeb (26 April 2017). "Lei Jun, Xiaomi CEO and Billionaire Hero Gets Honored". Gizmo China.
  19. ^ Flannery, Russell (3 November 2021). "China's Tech Tycoons Spread The Wealth As Beijing Pushes For 'Common Prosperity'". Forbes.
  20. ^ "CBN丨World's first supply chain expo opens in Beijing, highlighting stability in global supply chains | GDToday". www.newsgd.com. Chinese smartphone maker Xiaomi's founder Lei Jun has donated 1.3 billion yuan to its alma mater Wuhan University on the 130th anniversary of its founding, the highest-ever donation a Chinese university has received from an individual contributor.
  21. ^ "Xiaomi Billionaire Gifts Record $182 Million to China University". Bloomberg.com. 29 November 2023. Lei gifted the school 1.3 billion yuan ($182 million), the biggest ever cash donation to a Chinese university from an alumnus.
  22. ^ "Forbes Asia Names Lei Jun As Businessman Of The Year In 2014". Forbes. 4 December 2014. Archived from the original on 6 September 2017.
  23. ^ Beech, Hannah (16 April 2015). "Lei Jun". Time.
  24. ^ Strumpf, Dan (5 March 2021). "U.S. Blacklisted China's Xiaomi Because of Award Given to Its Founder". The Wall Street Journal.
  25. ^ Yaffe-Bellany, David (23 March 2021). "Xiaomi Wins Court Ruling Blocking U.S. Restrictions on It". Bloomberg News. Archived from the original on 21 March 2021. Retrieved 23 March 2021.
  26. ^ "U.S. Agrees to Remove Xiaomi From Blacklist After Lawsuit". Bloomberg News. 12 May 2021. Archived from the original on 12 May 2021. Retrieved 12 May 2021.
Quelle: http://en.wikipedia.org/wiki/Lei_Jun
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