Lei Jun Overtakes Jack Ma: The Wealth Logic Behind the 2025 Forbes China List

The release of the 2025 Forbes China Rich List marks a pivotal shift in an era: Lei Jun Overtakes Jack Ma-Xiaomi founder Lei Jun, with a fortune of $36.8 billion, has historically Overtakes Alibaba founder Jack Ma in the wealth rankings. This change instantly set social media ablaze. But beyond the buzz, a more profound…

Xiaomi stock price long-term upward trend chart

Who is Xiaomi? Why Does It Dare to Cap Its Hardware Profit at 5%?

In today’s rapidly evolving tech landscape, Xiaomi has metamorphosed from a disruptive smartphone startup into a global technology titan, with a formidable presence in smart hardware, the Internet of Things (IoT), and a bold entry into the electric vehicle sector. To truly comprehend who is Xiaomi and the forces driving its ambitious expansion, one must…

Lei Jun 2025 Annual Speech-Transformation

Lei Jun 2025 Annual Speech: Five Years of Transformation at Xiaomi (download pdf)

This article summarizes the key takeaways from the Lei Jun 2025 Annual Speech. The full transcript is available for download at the end of the page. On September 25, 2025, Lei Jun delivered his sixth annual speech at the National Convention Center in Beijing, themed “Transformation.” In his address, he reviewed the core driving force…

Lei Jun, founder of Xiaomi, and CEO Lu Weibing
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How Lei Jun Recruited Lu Weibing, Now-President of Xiaomi

During a critical period in Xiaomi’s development, Lei Jun(Who is Lei Jun?) was not only renowned for his technological innovations but also distinguished by his sharp eye for identifying talent and sophisticated talent management strategy. The story of how Lei Jun recruited Xiaomi Mobile CEO Lu Weibing—who then took charge of the Redmi brand—serves as…

xiaomi 17

Xiaomi CEO Lei Jun: Xiaomi 17 to Challenge iPhone 17, Releasing Late September

Xiaomi has surprised the tech world by skipping the “16” series altogether and jumping straight to the Xiaomi 17 line-up — a bold move that signals the company’s ambition to rival Apple’s iPhone 17. On September 15, Lu Weibing — President of Xiaomi Group, President of the Smartphone Department and General Manager of the Xiaomi brand…

October 28, 2021 Lei Jun announces plans to build EV

Lei Jun’s Startup Strategy: Confronting Risk with a $100 Million Stop-Loss Rule

Lei Jun’s Startup Strategy shows a unique approach to risk management. In 2010, Xiaomi’s founder faced a billion-dollar startup gamble. By setting a $1B “stop-loss rule,” Lei Jun turned high risk into a disciplined growth strategy. In 2010, Lei Jun, already a highly accomplished entrepreneur and investor, decided to embark on a new startup venture….

Lei Jun's investment philosophy lakala IPO

Lei Jun’s Investment Philosophy: Why Timing Trumps Hard Work

Lei Jun’s Investment Philosophy is not just a set of ideas; it’s a proven framework that built an empire. Sourced from the definitive biography “Go Ahead with All Your Heart” by Fan Haitao, this article explores the core principles—like betting on megatrends and overcoming entrepreneurial fear—that guided Lei Jun from an angel investor to the…

Xiaomi Executive Fired Over Internal Leak Xiaomi Statement

Xiaomi Executive Fired Over Internal Leak

Recently, a major internal decision at Xiaomi has sent shockwaves through the tech community: a Xiaomi Executive Fired Over Internal Leak. Wang Teng, former General Manager of Xiaomi China’s Marketing Department and General Manager of the Redmi brand, was dismissed for allegedly leaking confidential company information and will never be rehired. Known among fans as…

Xiaomi EV Deliveries Surpass 30,000 in August 2025

Lei Jun: Xiaomi EV Deliveries Surpass 30,000 for the First Time in August

For investors and industry watchers, the conversation has now decisively shifted from “if” Xiaomi can make it, to “how big” it can ultimately become. This fundamental change in perception is driven by the company’s strategic execution and its rapid scaling in the highly competitive electric vehicle sector. The record-breaking Xiaomi EV deliveries serve as the…

Lei Jun Story: Three Key Transformations of a Tech Giant (Full Speech on Xiaomi EV’s Strategic Push)

Want to understand the “Lei Jun Story” and how Lei Jun drove Xiaomi’s key growth? Today, we first bring you the wonderful content focusing on Lei Jun’s “three self-reinventions” and Xiaomi’s original intention of building cars, to see how he drove transformation with courage and defined Xiaomi’s future. This article is an essence version of…