Lei Jun only became ultra-rich after he came out of “retirement” at 38 to create Xiaomi. Photo: Bloomberg
Lei Jun only became ultra-rich after he came out of “retirement” at 38 to create Xiaomi. Photo: Bloomberg
Xiaomi

Xiaomi founder Lei Jun, known as ‘China’s Steve Jobs’, doubled his net worth to US$25 billion in the past year thanks to 5G: how does he spend it?

Hailing from a family of teachers, tech billionaire Lei Jun now drives a US$430,000 Mercedes-Benz S600 and invested more than US$750 million in the sprawling Xiaomi Science and Technology Park, next to Lenovo and Baidu’s HQs in Beijing’s pricey Haidian District

Knowledge |   China's tech billionaires
Lei Jun only became ultra-rich after he came out of “retirement” at 38 to create Xiaomi. Photo: Bloomberg
Lei Jun only became ultra-rich after he came out of “retirement” at 38 to create Xiaomi. Photo: Bloomberg
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