In the past year, Xiaomi’s stock price has soared 300% since the release of Xiaomi Auto. Today, Xiaomi Group's stock price approached HK$60, propelling its founder, Lei Jun, to the top of China's wealth rankings. Lei Jun, who is also the controlling shareholder of the Kingsoft ecosystem, holds significant stakes in Kingsoft Office, Kingsoft Software, and Kingsoft Cloud. His 13.85% ownership in Kingsoft Office alone is valued at approximately RMB 23.5 billion.
In recent years, Lei Jun has strategically divested shares in several high-profile companies, including UC, YY, and Lakala, realizing gains in the tens of billions of RMB. These moves have further solidified his financial standing and demonstrated his keen ability to capitalize on market opportunities.
Beyond his direct holdings, Lei Jun's venture capital firm, Shunwei Capital, has been a prolific investor in China's tech unicorns. Shunwei's portfolio includes early-stage investments in industry leaders such as NIO, XPeng, Ninebot, Roborock, and emerging stars like QuanKe and Unitree Robotics, as well as ByteDance. These investments, often made at the angel or Series A stages, have yielded substantial returns, contributing significantly to Lei Jun's wealth. Conservative estimates place the value of Shunwei Capital's holdings at over RMB 50 billion.
With his diversified investments and strategic divestments, Lei Jun's total net worth is estimated to be around RMB 500 billion, making him one of the most influential and wealthiest figures in China's tech and investment landscape. His success story underscores the immense potential of early-stage investments and the transformative power of visionary leadership in the tech industry.