Lei Jun Net Worth

Lei Jun was born on 16 December 1969 in Xiantao, Hubei. In 1987, he graduated from Mianyang Middle School (沔阳中学; now Xiantao Middle School) and began attending Wuhan University, where he completed all credits within two years and graduated with a BA in computer science. During his last year of college he started his first company.

In 1992, Lei joined Kingsoft as an engineer, becoming the CEO of the company in 1998 and leading it towards an IPO. On 20 December 2007, he resigned as president and CEO of Kingsoft for "health reasons".

In 1998, he was named an honorary professor at Wuhan University, his alma mater, where there is also a scholarship in his name.

In 2000, Lei founded Joyo.com, an online bookstore, which he sold for US$75 million to Amazon.com in 2004.

In 2003, he was named an honorary professor at Zhengzhou Institute of Technology.

In 2010, Lei Jun founded Xiaomi, a technology company that manufactures smartphones, mobile apps, and other consumer electronics. His cofounders include Lin Bin (林斌), vice president of the Google China Institute of Engineering, Zhou Guangping (周光平), senior director of the Motorola Beijing R&D center, Liu De (刘德), department chair of the Department of Industrial Design at the University of Science and Technology Beijing, Li Wanqiang (黎万强), general manager of Kingsoft Dictionary, Wong Kong-Kat (黄江吉), principal development manager, and Hong Feng (洪峰), senior product manager for Google China.

In 2012, he was selected by China Central Television (CCTV) as one of the top 10 business leaders of the year.

In 2013, Lei Jun was appointed a delegate of the National People's Congress.

In 2013, he was named one of the 11 most powerful business people in Asia by Fortune as well as most notable entrepreneur by BAZAAR Men's Style.

In 2014, he was named Businessman of the Year by Forbes.

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