Lei Jun

Founder & CEO, Xiaomi

Lei Jun is the founder and chief executive of Xiaomi, the Hong Kong-listed maker of smartphones and, since March 2024, electric cars. He announced the car business in March 2021 and took personal charge of it.

Net worth: $23.2B; #113 in the world, per Forbes, 13 November 2026
Company: 1

Snapshot

Known for

Shipping a wide foldable on in-house 3nm silicon two days ahead of Apple.

Worth knowing

Before Xiaomi, Lei founded the online retailer joyo.com in 2000 and sold it to Amazon.com for US$75 million in 2004.
His $1 million investment in YY in 2005 was worth $129 million when YY went public in 2012.
Xiaomi was named a Fortune Global 500 company in 2019, the youngest company on the list at the time.
In 2023 Lei gave 1.3 billion yuan to Wuhan University, his alma mater, the largest individual donation the university has received.

Age: 56
Based: Beijing, China
Primary role: Founder and CEO, Xiaomi
Citizenship: China
Born: 1969, Xiantao, Hubei, China

Latest on Lei Jun

Robotics & Defense

Xiaomi's SU7 deliveries fell 19.55% in September while it spent HK$112 million buying back stock

Xiaomi trademarked a stretched SU7 and the press called it a luxury flagship. The delivery data published the same day says it is a lifecycle fix for a fading sedan, and the HK$112 million buyback is not a coincidence.

October 20, 2026two-minute read

Applications
Xiaomi's 80,000-unit foldable sidesteps the memory squeeze
The 18 Fold pairs Xiaomi's own XRing O3 with CXMT's first mass-produced LPDDR6, and sold 80,000 units in its first week. Samsung, SK hynix and Micron are betting the memory shortage runs to 2030; the first retail counterexample just left the store.
September 23, 2026three-minute read

Lei Jun

Snapshot

Latest on Lei Jun

Xiaomi's SU7 deliveries fell 19.55% in September while it spent HK$112 million buying back stock

Xiaomi's 80,000-unit foldable sidesteps the memory squeeze

Connections

Ties, as Forbes lists them

Either side by net worth

Snapshot

Latest on Lei Jun

Xiaomi's SU7 deliveries fell 19.55% in September while it spent HK$112 million buying back stock

Xiaomi's 80,000-unit foldable sidesteps the memory squeeze

Connections

Ties, as Forbes lists them

Either side by net worth