How Xiaomi founder Lei Jun became a billionaire by pursuing passion, not fortune

From young man deconstructing and rebuilding smartphones at Kingsoft to top of the smartphone world as founder and chair of Xiaomi, Lei has always let his interests lead the way

00:00/00:00
Xiaomi founder Lei Jun prefers to fly economy. The watch he wears is worth just over RMB 1,000 (around US$150). Despite appearances, in the months since Xiaomi went public on the Hong Kong Stock Exchange in July 2018, Lei’s net worth has reached US$11.5 billion, making him one of the richest people in China. Lei’s appreciation for saving money is not simply a lifestyle choice: it’s been one of the keys to his success. A passion for mobile phones Born on December 16, 1969, Lei majored in Computer Science at Wuhan University from 1987 to 1991. He finished all the required credi...
Limited Reading

The rest of the content is only available if you are logged in.

Limited Reading

Your payment was not successful.

Please make sure you have entered your payment details correctly. Or try again in a few moments.

small logo

The discount code you entered is invalid

Please make sure you have entered your discount code correctly. Or try again in a few moments.

Download successful.

Your sample has been sent. Please check your email.

By accessing and using www.compasslist.com and all pages within the domain (the “Website”), You accept and agree to have read, understood, accepted and agreed to be bound by the Terms of Use and Privacy Policy in full. If you disagree with all or any part of these Terms of Use and Privacy Policy, please do not use or continue any further use of this website. You acknowledge that you are aware that this Website contains an archive of existing content as at 31 December 2021 and is not being actively managed. We are under no obligation to update the content on this Website and, accordingly, no new content or articles will be posted to the Website after 31 December 2021.