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Xiaomi has been chaining Good financial results quarter after quarter, marking a milestone in the Hong Kong bag. That good behavior of their actions has made the Fortuna de Lei Junco -founder and CEO of the brand, has grown like foam in recent months until it becomes the richest man in China. The most curious thing is that he doesn’t want to know anything about all that.
Xiaomi triggered. Xiaomi’s shares have registered a 286% growth since the presentation of the first brand electric car. With the presentation of Su7 Ultra, the most sporty and luxurious versionthat upward trend is maintained.
According to published The Chinese media specialized in Finance Cailianshe, the good results of Xiaomi have promoted the fortune of Lei Jun until they convert it, even for a few moments, in the richest person in China. The Xiaomi CEO has first surpassed the tycoon of bottled waterZhong Shanshan, and Pony Ma, CEO of Tencent.
The richest … for a while. We say that Lei Jun has been for a moment the richest man in China because, As they point out From Coilianshe, short operations have stopped the escalation of the price of Xiaomi shares that began the day with 4%profits, to close the session falling 5.68%. That fluctuation has made Jun occupy the first position until the actions have fallen again throughout the day.
It is estimated that Lei Jun has a heritage close to 44,000 million dollars. However, Jun himself He denied the rumor who had become the richest man in China in an internal alumni chat at the University of Wuhan he attended.
It is not humility, it is taboo. In the West, it would be a source of joy and joy for any millionaire to reach, even if only for a moment, the highest fortune position in his country. However, Lei Jun hastened to deny the news. It is not humility. Being ultrarrico in China is not well seen. As they pointed out in The worldthis taboo seems to be a cultural vestige of the anti -capitalist doctrine that Mao Zedong promoted in the late 70s of the last century with the “Cultural Revolution“
Such and as they tell in theBBCpublic opinion in China does not see with good eyes that the millionaires show their fortunes, they often reproach their behavior to whom it shows an opulent life through Xiaohongshu, known as “Chinese Instagram”.
Young and rich. In fact, since Xi Jinping came to power in 2013, the authorities have been applying the doctrine of “common prosperity“, which considers the millionaires in bad taste make ostentation of your wealth not to exalt social inequalities. The ads of luxury products on radio and television were also restricted.
In 2023, a “austerity campaign” began in which the big companies and financial entities asked their employees not to travel in the first class or not wear clothes or ostentatious jewels.
Jack Ma’s toll to highlight. Most likely, Lei Jun’s rush for denying his alleged fortune comes from Lessons left Jack Ma In the past.
The founding millionaire of Alibaba paid a high personal cost for wanting to create one of the largest companies in China. Government pressure reduced his empire to ashesalthough has resurfaced again.
Chinese hermeticism. This cultural and political secrecy makes it extremely complicated Forbes either Bloomberg
The studies that Hurun publishes annually With the estimated fortune of each of the millionaires, but this leaves a distorted image of these assets, which are subject to constant market fluctuations.
For example, the 2024 Hurun list assigns the first three positions to Zhang Yiming (49.3 billion dollars), CEO of Bytedance; Zhong Shanshan (47.9 billion dollars), CEO of Nongfu Spring and Pony Ma (44.4 billion dollars) of Tencent. Lei Jun is in the 19th place of that list with an estimated fortune of 18.3 billion. The Forbes list assign you 42.5 billion dollars and Bloomberg 46.9 billion dollars.
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Image | Wikimedia Commons (Wipo)
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