What Is Lei Jun’s Net Worth in 2025? Forbes China Rich List and Top 10 Wealthiest Entrepreneurs Analysis
Lei Jun Net Worth 2025: $43.5 Billion Fortune
In 2025, the Forbes China Rich List reflects the vitality and innovation spirit of Chinese entrepreneurs like Lei Jun, whose $43.5 billion net worth secures his 5th-place ranking. Technology giants and business leaders, from AI pioneers to EV revolutionaries, are reshaping China’s economic landscape through breakthroughs in smart ecosystems, renewable energy, and global market expansion.
As the founder of Xiaomi, Lei Jun’s journey mirrors China’s tech evolution. His $43.5 billion fortune—up 300% from 2024—stems from Xiaomi’s smartphone dominance (1.69 billion units sold globally in 2024) and the surging valuation of Xiaomi EVs, which delivered 135,000 units in 2024 and aim for 350,000 in 2025
. This growth parallels his strategic pivot into electric vehicles, where Xiaomi SU7’s AI-driven features and ecosystem integration (e.g., seamless connectivity with Xiaomi Home devices) position it as a Tesla competitor.
The 2025 list highlights a broader trend: AI and green tech dominance. Zhang Yiming (ByteDance, 65.5B)andPonyMa(Tencent,56.2B) lead in digital innovation, while Zeng Yong (CATL, $37.9B) drives energy transition. Lei Jun’s success underscores how cross-industry synergy—merging hardware, software, and automotive tech—fuels wealth creation in China’s new economy.
Lei Jun, founder of Xiaomi Group, ranks fifth with a net worth of $43.5 billion in terms of Lei Jun Net Worth 2025.
This article explores Lei Jun’s wealth sources, key drivers behind his success, and provides an overview of China’s top ten richest entrepreneurs.
Overview of the Top 10 Richest Entrepreneurs on Forbes China Rich List 2025
China’s top ten richest entrepreneurs have diverse wealth sources, but all are led by technology and innovation:

- Zhang Yiming ($65.5 billion) — Founder of ByteDance
- Changpeng Zhao ($62.9 billion) — Founder of Binance
- Zhong Shanshan ($57.7 billion) — Head of Nongfu Spring and Wantai Biological
- Ma Huateng ($56.2 billion) — Co-founder of Tencent
- Lei Jun ($43.5 billion) — Founder of Xiaomi Group
- Huang Zheng ($42.3 billion) — Founder of Pinduoduo
- Li Ka-shing ($38.9 billion) — Chairman of CK Hutchison Holdings
- Zeng Yuqun ($37.9 billion) — Founder of CATL
- Ding Lei ($33.3 billion) — Founder of NetEase
- Jack Ma ($28.6 billion) — Founder of Alibaba
These business leaders demonstrate new wealth heights brought by AI, renewable energy, social e-commerce, and diversified investments.
Lei Jun Net Worth 2025 and Sources of Wealth
Lei Jun’s $43.5 billion fortune primarily comes from Xiaomi Group. According to Xiaomi’s latest 2024 financial report, the company generated RMB 350 billion in revenue (approx. $51 billion USD), up 18% year-on-year, with net profit around RMB 12 billion (approx. $1.75 billion USD). Smartphones accounted for over 60% of total revenue, while smart home and IoT products contributed 25%. Electric vehicles, a rising segment, began initial production and sales in 2024 and are expected to significantly increase revenue and market share in 2025. Xiaomi invested RMB 15 billion (approx. $2.2 billion USD) in R&D, about 4.3% of total revenue, highlighting its focus on innovation.

Xiaomi disrupted traditional markets with cost-effective smartphones and built an extensive smart home ecosystem. By leveraging direct internet sales, Xiaomi reduced middlemen costs, passing savings to consumers.
Recently, Lei Jun expanded into electric vehicles with the Xiaomi SU7, a high-performance C-segment smart car launched in 2024, aiming to deliver 350,000 units in 2025, broadening business horizons.
Additionally, Lei Jun holds a diversified investment portfolio in software, real estate, and other technology projects, cementing his status as one of China’s most forward-looking entrepreneurs.
Comparing Lei Jun with Other Chinese Tech Billionaires
Lei Jun’s wealth growth aligns with other tech giants such as:
- Zhang Yiming, who dominates globally with TikTok and AI-driven content platforms;
- Ma Huateng, creator of the WeChat and gaming empire;
- Changpeng Zhao, operator of the world’s largest cryptocurrency exchange Binance.
Lei Jun’s unique advantage lies in hardware innovation combined with AI and IoT integration.
According to Caijing Magazine (April 2025), Lei Jun’s strategy is hailed as a “Made-in-China + Internet + Smart Hardware” success model. Forbes analysis highlights how Lei Jun’s ecosystem approach and diversified operations have mitigated market risks. McKinsey’s 2025 China Tech Report also lists Xiaomi among “China’s most promising tech companies for the next decade,” emphasizing its electric vehicle ambitions.
Recent Business Developments Impacting Lei Jun’s Wealth
Xiaomi continues to innovate in smartphones and IoT while aggressively expanding in electric vehicles. Its AI-powered smart home connectivity and autonomous driving tech enhance product competitiveness.
Improvements in global supply chains and technology upgrades have emerged as pivotal drivers for Xiaomi’s growth story. In 2025, Xiaomi has witnessed a significant uptick in its valuation, and this success story has far – reaching implications, especially when considering the impact on Lei Jun Net Worth 2025.
| Year | Key Event | Impact |
|---|---|---|
| 2010 | Lei Jun founded Xiaomi | Entered smartphone market, laid foundation |
| 2014 | Launch of Xiaomi smart home ecosystem | Expanded product line, increased user retention |
| 2024 | Launch of Xiaomi SU7 EV | Entered new energy vehicle market |
| 2025 | Target delivery of 350,000 SU7 EVs | EV business enters scale-up phase |
Future Outlook: Challenges and Opportunities for Lei Jun
Looking ahead, Lei Jun faces intense market competition, regulatory changes, and evolving consumer demands. However, breakthroughs in AI technology and expansion of new energy markets present significant growth opportunities.
Xiaomi’s continuous innovation and ecosystem expansion will create further wealth growth potential for Lei Jun.
Conclusion
Regarding Lei Jun Net Worth 2025, with a net worth of $43.5 billion, Lei Jun ranks fifth on the 2025 Forbes China Rich List, underscoring his pivotal role in China’s tech transformation. Alongside other top billionaires, Lei Jun’s success, as reflected by Lei Jun Net Worth 2025, exemplifies the critical role of innovation and diversified investment in wealth creation for the new era.
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