Lei Jun Net Worth

Lei Jun has an estimated net worth of $21.8 billion, according to Forbes Real-Time Billionaires, Lei Jun profile (figures as of October 20, 2026). That is up from $9.6 billion in 2019.

Lei Jun is a Chinese entrepreneur and computer engineer best known for founding Xiaomi in 2010. He is the cofounder, chairman, and CEO of the Hong Kong-listed company, which became one of the world's most popular smartphone brands. Before Xiaomi, he joined Kingsoft as an engineer in 1992, became CEO in 1998, and helped lead the software company to its 2007 listing in Hong Kong. He later returned as chairman in 2011.

His first big money win came from Joyo.com, an online retail platform he founded in 2000 and sold to Amazon in 2004 for $75 million. Lei also invested in YY in 2005 and later became chairman of UCWeb in 2008. At Xiaomi, he built a business around value-focused devices, then pushed into premium phones and electric vehicles. Forbes currently tracks his net worth at $21.8 billion as of October 20, 2026.

How Lei Jun built his fortune

Most of Lei Jun's wealth comes from technology, especially smartphones and automobiles. Xiaomi made his name worldwide with devices known for strong value, helping the company grow into a major consumer electronics brand. He serves as chairman and CEO, putting him at the center of Xiaomi's strategy. The company later worked to move further into the high-end smartphone market, including the Xiaomi 10 series launch in 2020 as part of that brand shift.

Lei's money story started before Xiaomi. He founded Joyo.com in 2000 and sold it to Amazon in 2004 for $75 million, an early breakthrough in online retail. He also built influence through software and investing. He became CEO of Kingsoft in 1998, helped guide it to a Hong Kong listing in 2007, and later returned as chairman in 2011. He also invested in YY and is tied to JOYY, the Nasdaq-listed live streaming and social media platform formerly known as YY.com.

Forbes net worth and the EV push

Forbes has followed big swings in Lei Jun's fortune over the years. Its estimate rose from $9.6 billion in 2019 to $23 billion in 2021, then moved down to $11.7 billion in 2022 and $9.7 billion in 2023. Forbes later put him at $10.9 billion in 2024, then much higher at $43.5 billion in 2025. On Forbes' real-time billionaires tracker, he stood at $21.8 billion on October 20, 2026.

A major new chapter came in 2021, when Lei announced Xiaomi's plan to make electric vehicles and described it as his last major startup project. He personally took charge and planned to invest 10 billion USD over the next decade. Xiaomi has since launched pure electric and extended-range models. In March 2024, the Xiaomi SU7 was unveiled, and the first batch drew strong demand, with pre-orders above 100,000.