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Lei Jun

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In this Chinese name, the family name is Lei.
Lei Jun
雷军
Born (1969-12-16) 16 December 1969 (age 54)
Xiantao, Hubei, China
Alma materWuhan University[1]
Occupation(s)Co-founder & CEO of Xiaomi[2]
Chairman of Kingsoft
Chairman of UCWeb Inc.
Chairman of YY.com[citation needed]
Chairman of Shunwei Capital
Known forCo-founded Xiaomi[2]
Board member ofKingsoft
SpouseZhang Tong (张彤)
Children2
WebsiteLei Jun's Weibo
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 who founded Xiaomi, one of the largest smartphone and consumer electronics companies in the world that in June 2018 raised US$4.72 billion after its listing at the Hong Kong Stock Exchange.[4] As of January 2022, Lei Jun's net worth was estimated at US$16.7 Billion, according to Bloomberg Billionaires Index, making him the 118th richest person in the world.[3]

Biography

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".[5]

After resigning from Kingsoft, Lei became a prolific angel investor in China, investing in over 20 companies including Vancl.com, UCWeb, and social platform YY.[6] He continues to invest in companies in the e-commerce, social networking, and mobile industries through Shunwei Capital (Chinese: 顺为资本), an investment company for which he was a founding partner.[7]

In 2000, Lei founded Joyo.com, an online bookstore, which he sold for US$75 million to Amazon.com in 2004.[8]

In 2008, he became a chairman of UCWeb.[9]

In 2010, Lei Jun founded Xiaomi, a technology company that manufactures smartphones, mobile apps, and other consumer electronics.[10] 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 2011, he rejoined Kingsoft as chairman.

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

Recognition

Lei Jun's business activities have been recognized through multiple industry awards.

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

In 2003, he was named an honorary professor at Zhengzhou Institute of Technology.[11]

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

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.[12]

In 2014, he was named Businessman of the Year by Forbes.[13]

In 2019, Lei was recognized as an "Outstanding Builder of Socialism with Chinese Characteristics".[14]

Personal life

Lei Jun is married to Zhang Tong. They have two children.[1][15]

References

  1. ^ a b "Lei Jun", Forbes, 5 March 2014, archived from the original on 21 February 2014, retrieved 5 March 2014
  2. ^ a b Xiaomi Management, Xiaomi Tech, 5 March 2014, archived from the original on 2 January 2014, retrieved 5 March 2014
  3. ^ a b "Bloomberg Billionaires Index: Lei Jun". Bloomberg. Retrieved 5 November 2021.
  4. ^ "China's Xiaomi raises $4.72 billion after pricing HK IPO at bottom of range"
  5. ^ "Chinese Billionaire Lei Jun's Long, Twisting Road At Kingsoft". Forbes. 19 July 2012. Archived from the original on 8 September 2017.
  6. ^ "Meet Lei Jun: China's Steve Jobs Is The Country's Newest Billionaire". Forbes. 22 June 2015. Archived from the original on 6 September 2017.
  7. ^ "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.
  8. ^ "Amazon.com to Acquire Joyo.com Limited". Amazon. 19 August 2004. Retrieved 22 December 2018.
  9. ^ "Alibaba, UCWeb Team Up In Mobile Search". Forbes. 28 April 2014. Archived from the original on 8 September 2017.
  10. ^ management, Xiaomi Tech, 5 March 2014, archived from the original on 2 January 2014, retrieved 5 March 2014
  11. ^ "金山公司总裁兼CEO雷军". Sina. 28 October 2004. Archived from the original on 8 October 2017.
  12. ^ "13 things you didn't know about Xiaomi's Lei Jun". Manufacturing Global. 22 June 2015. Archived from the original on 22 June 2015.
  13. ^ "Forbes Asia Names Lei Jun As Businessman Of The Year In 2014". Forbes. 4 December 2014. Archived from the original on 6 September 2017.
  14. ^ Strumpf, Dan (5 March 2021). "U.S. Blacklisted China's Xiaomi Because of Award Given to Its Founder". Wall Street Journal. Retrieved 10 March 2021.
  15. ^ "Lei Jun and his wife donate money to university". Sohu. 22 October 2016. Archived from the original on 4 October 2017. Retrieved 4 October 2017.
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