Xiaomi Corporation, one of the world’s largest consumer electronics and smart manufacturing companies, was founded on April 6, 2010 by Lei Jun and six co-founders in Beijing, China. Today, Xiaomi CEO Lei Jun leads a global empire spanning smartphones, IoT devices, internet services, and electric vehicles, with over 56,000 employees and annual revenue exceeding RMB 365 billion ($50.6 billion). Under his leadership, Xiaomi has grown from a startup into the world’s third-largest smartphone maker by market share and has disrupted the electric vehicle industry with the launch of the SU7 sedan in 2024, delivering over 400,000 EVs within its first full year of production.

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Xiaomi Competitors

Xiaomi operates in the highly competitive global consumer electronics and smartphone industry. The key competitors of Xiaomi include:

• Samsung Electronics – world’s second-largest smartphone maker (19.1% global market share)
• Apple (iPhone) – world’s largest smartphone maker by revenue (19.7% market share)
• Huawei – resurgent Chinese tech giant with strong domestic presence
• OPPO (OnePlus, Realme) – 8% global smartphone market share
• vivo – 8% global market share, strong in Asia-Pacific
• Transsion (Tecno, Infinix, itel) – dominant in Africa and emerging markets
• Honor – former Huawei sub-brand, now independent and growing rapidly
• BYD / Tesla – competitors in the electric vehicle segment (Xiaomi SU7)

Lei Jun – Quick Facts

Lei Jun Net Worth 2026 – Xiaomi CEO Salary

As of 2026, Lei Jun net worth is estimated at approximately $42 billion USD, according to Forbes and Bloomberg Billionaires Index. This makes him one of the five richest people in China and approximately the 33rd wealthiest person globally. Lei Jun’s wealth has surged dramatically — tripling from $10.9 billion in April 2024 — driven primarily by Xiaomi’s soaring stock price, which was fueled by investor enthusiasm for the company’s electric vehicle division and strong smartphone sales.

Unlike many Western CEOs, Lei Jun’s compensation is overwhelmingly tied to his equity stake in Xiaomi rather than a large base salary. In 2018, he famously received a one-time share-based award of 636.6 million Class B shares, which at the time was valued at approximately $956 million. His annual cash compensation from Xiaomi has historically been modest relative to his net worth.

Lei Jun Compensation Overview

Xiaomi Net Worth 2026 – Is Xiaomi Profitable?

Yes, Xiaomi is a highly profitable company. Under CEO Lei Jun, the company posted record-breaking financial results in fiscal year 2024, with revenue reaching RMB 365.9 billion ($50.6 billion) — a 35% year-over-year increase. Adjusted net income surged 41.3% to RMB 27.2 billion. In Q1 2025, Xiaomi continued its momentum with revenue of RMB 111.3 billion (up 47.4% YoY) and adjusted net profit of RMB 10.7 billion (up 64.5% YoY), both record highs.

Xiaomi Financial Summary (FY2024)

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Xiaomi CEO Email Address | Lei Jun Contact

Below are the official contact details and social media profiles for Xiaomi CEO Lei Jun:

Career & Education – Company, University, & College

Lei Jun’s career spans over three decades in the Chinese technology industry, from software engineer to one of China’s most successful entrepreneurs and angel investors. Below is his complete career timeline:

Lei Jun Career Timeline

Lei Jun began his career in 1992 when he joined Kingsoft Corporation as a software engineer immediately after graduating from Wuhan University. He rose rapidly through the ranks and was appointed CEO in 1998 at age 28. Under his leadership, Kingsoft went public on the Hong Kong Stock Exchange in 2007. He resigned as CEO and President in December 2007 citing health reasons, but returned as Chairman in 2011 — a role he still holds today.

In 2000, Lei founded Joyo.com, an online bookstore modeled after Amazon. The venture proved highly successful, and Amazon.com acquired it for $75 million in 2004 — it became the foundation of Amazon China.

After leaving Kingsoft in 2007, Lei became one of China’s most prolific angel investors, backing over 20 companies including UCWeb, Vancl.com, and YY (a social platform). His $1 million investment in YY returned $129 million when the company went public in 2012.

In 2011, Lei co-founded Shunwei Capital, a venture capital firm focusing on mobile, e-commerce, and social networking investments. On April 6, 2010, Lei founded Xiaomi with six co-founders, aiming to build high-quality smartphones at affordable prices. The company has since grown into one of the world’s largest consumer electronics companies, and in 2024 entered the electric vehicle market with the Xiaomi SU7, which exceeded all sales targets in its launch year.

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Education

Lei Jun enrolled at Wuhan University — one of China’s most prestigious universities — where he famously completed all of his four-year computer science degree credits in just two years. A programming prodigy from an early age, Lei was known for his passion for electronics and would regularly disassemble and reassemble radios as a child, encouraged by his father.

Lei Jun Wiki – Age, Family, & More

Xiaomi CEO Lei Jun (age 56) was born on December 16, 1969 in Xiantao, Hubei Province, China. Both of his parents were teachers. He is married to Zhang Tong and together they have two children. Lei keeps his family life private and rarely discusses personal matters publicly.

Notable Achievements & Recognitions

• Forbes Billionaires List – Ranked 33rd globally with $42 billion net worth (2025)
• China’s 5th Richest Person – Named by Hurun Rich List (2025)
• National People’s Congress Delegate – Joined the delegation in 2013
• Xiaomi SU7 Launch – Personally led the EV launch in March 2024, delivering 139,547 vehicles in year one
• Fortune China Rich List – Featured since 2017; named among “Richest in Tech”
• Amazon China Pioneer – Founded Joyo.com (2000), sold to Amazon for $75M (2004)
• Kingsoft IPO – Led the company to its Hong Kong Stock Exchange listing in 2007
• Prolific Angel Investor – Backed 20+ startups including YY ($1M turned into $129M)

Beyond his business achievements, Lei Jun has become something of a celebrity in China, with over 24 million followers on Weibo. He is known for his hands-on approach to product development and has personally livestreamed to millions of viewers about Xiaomi’s electric vehicle and smartphone products. He is also a member of the National People’s Congress delegation, contributing to technology policy in China.

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About Xiaomi Corporation

Xiaomi Corporation is a Chinese multinational consumer electronics and smart manufacturing company headquartered in Beijing. Founded in 2010, the company has grown into the world’s third-largest smartphone manufacturer and a leading IoT platform operator. Xiaomi’s philosophy of offering high-quality products at honest prices has earned it a massive global user base.

Xiaomi trades on the Hong Kong Stock Exchange under ticker symbol 1810. The company shipped 168.5 million smartphones in 2024, capturing a 13% global market share — third behind Apple (19.7%) and Samsung (19.1%). Xiaomi is also the world’s largest consumer IoT platform with over 800 million connected devices. In March 2024, Xiaomi entered the electric vehicle market with the SU7 sedan, delivering 139,547 units in its first year and exceeding 400,000 cumulative deliveries by late 2025.

Frequently Asked Questions (FAQ)

Who is the current CEO of Xiaomi?

The current CEO of Xiaomi is Lei Jun, who founded the company on April 6, 2010 and has served as its Founder, Chairman, and Chief Executive Officer since inception. Before founding Xiaomi, he served as CEO of Kingsoft Corporation and was a prominent angel investor in China’s tech industry.

What is Lei Jun’s net worth in 2026?

As of 2026, Lei Jun’s net worth is estimated at approximately $42 billion USD, according to Forbes and Bloomberg Billionaires Index. He is ranked among the five richest people in China and approximately 33rd globally. His wealth tripled from $10.9 billion in April 2024, primarily due to Xiaomi’s surging stock price.

What is Xiaomi CEO’s salary?

Unlike many Western tech CEOs, Lei Jun’s compensation is primarily equity-based through his approximately 24% ownership stake in Xiaomi. In 2018, he received a one-time share award of 636.6 million Class B shares. His vast wealth derives from his equity holdings rather than a cash salary.

What is Xiaomi CEO’s email address?

Xiaomi CEO Lei Jun’s email address is [email protected]. He can also be reached via Twitter/X at @leijun and on LinkedIn. Lei is most active on Weibo where he has over 24 million followers. For investor relations, contact [email protected].

What is the Xiaomi SU7 electric car?

The Xiaomi SU7 is an electric sedan launched on March 28, 2024, marking Xiaomi’s entry into the automotive industry. Available in Standard, Pro, and Max variants (starting at RMB 215,900 / ~$29,640), the SU7 delivered 139,547 units in 2024 — far exceeding its 100,000-unit target. The high-performance SU7 Ultra was launched in February 2025 at RMB 529,900. Xiaomi also announced the YU7 SUV in May 2025.

Is Xiaomi a profitable company?

Yes, Xiaomi is highly profitable. In fiscal year 2024, the company reported revenue of RMB 365.9 billion ($50.6 billion), a 35% year-over-year increase. Adjusted net income reached RMB 27.2 billion, up 41.3% YoY. The company’s EV business also turned profitable in Q3 2025.

Article last updated:January 2026March 2, 2026