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Xiaomi's Stock Surge Makes Lei Jun China's Fifth-Richest Billionaire
Lei Jun, Xiaomi's founder and CEO, is now China's fifth-richest billionaire with a \$35.3 billion fortune due to a 250% surge in Xiaomi's stock price over the past year, driven primarily by investor confidence in its electric vehicle (EV) business and strong smartphone sales.
Xiaomi's Stock Surge Makes Lei Jun China's Fifth-Richest Billionaire
Lei Jun, Xiaomi's founder and CEO, is now China's fifth-richest billionaire with a \$35.3 billion fortune due to a 250% surge in Xiaomi's stock price over the past year, driven primarily by investor confidence in its electric vehicle (EV) business and strong smartphone sales.
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