Who is Lei Jun?

Lei Jun is born 16 December 1969, Xianto, Hubei in China. Jun graduated from Mianyang Middle School and began attending Wuhan University, where he holds a Bachelor of Science in Engineering.

Lei Jun

He is known for founding Xiaomi Tech, which is one of China`s largest technology companies. This is a big star in China, which is also referred to as the Steve Jobs of China. As you can see on pictures, he often wear jeans and black t-shirt. A typical Steve Jobs style.

He founded Xiaomi on 6 April 2010. The company is only four years old and now on of the biggest tech companies. He is also founder of Amazon China. Jun also founded Joyo in 2000 which is an online retailer. He sold the company in 2004 to Amazon for $75 million.

Lei Jun is Executive Director of Kingsoft and Chairman, UCWeb Inc and YY.com and Great Wall club. Kingsoft is an antivirus software company were he served as its CEO from 1998 to 2007. He remains chairman of the board and are owner in the company.

Kingsoft was founded in 1988 by the JinShan company in Hong Kong. Kingsoft latest version of Kingsoft Office 2013 is a freeware office suite which includes Kingsoft Writer, Kingsoft Presentation and Kongsoft Spreadsheet. Kingsoft has established collaborative relationships with Dell, Intel and IBM.

Tencent became a 15,68% ($892 million) shareholder in Kingsoft in 2011. Another great company, Lenovo, became a shareholder in 1998 and Kingsoft was reorganized. Kingsoft made the list of the Hong Kong Stock Exchange in 2007, and their Kingsoft Antivirus became freeware in 2010.

At the age of 43 he became a billionaire and is one of China`s richest. Steve Jobs also reached $1 billion at the age of 43 (1998). He was a key investor in China`s early Internet scene and is seen as an angel investor.

Xiaomi develops and sells smartphones, mobile apps and consumer electronics and has over 3,000 employees, mainly in mainland China, Malaysia, Singapore and is expanding to other countries such as India and Indonesia. Xiaomi`s revenue in 2013 came in at $5,4 billion.

Lei Jun, worth about $4 billion was inspired by the late Apple co-founder at an early stage. He read «Fire in the Valley», Paul Frieberger and Michael Swaine`s account of the early days of the PC industry and vowed to follow in Steve Jobs` footsteps. He said in an interview with New York Times in 2013 that he was greatly influenced by that book, and he wanted to establish a company that was first class, so he made a plan to get through college fast.

 

Disclaimer: The views expressed in this article are those of the author and may not reflect those of Shiny bull. The author has made every effort to ensure accuracy of information provided; however, neither Shiny bull nor the author can guarantee such accuracy. This article is strictly for informational purposes only. It is not a solicitation to make any exchange in precious metal products, commodities, securities or other financial instruments. Shiny bull and the author of this article do not accept culpability for losses and/ or damages arising from the use of this publication.

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