Xiaomi CEO Lei Jun’s net worth $19.5b: Forbes

Beijing. Jul 16. Silkroadnews - Chinese company Xiaomi made its debut on the Hong Kong Stock Exchange on Monday with an offering price of HK$17 ($2.17), becoming the first company with a dual-class structure in the Hong Kong listing, which allowed the founders to get more voting rights, China Daily reports.
As Forbes said, after listing, five of the company’s eight co-founders became billionaires. According to Xiaomi, Lei and co-founder Lin Bin own more than 40% of the shares, while more than 7,000 employees own shares or options. In April, Lei already received a bonus of $1.5 billion in shares for his contribution to the development of the company, which became one of the biggest executive bonuses in history.
Early investors also got a good profit from including Xiaomi in the listing. In an open letter issued on the eve of the listing, Lei Jun noted that the first venture investor of Xiaomi has recouped its first investment of $5 million 866 times after listing the company. Morningside Venture Capital, Qiming Venture Capital and Shunwei Capital turned to be the biggest winners on the case.