Lei Jun, founder of Xiaomi, is handed 640m shares despite disappointing market float

The billionaire founder of the Chinese smartphone firm Xiaomi has been handed bonuses worth £750m, but has pledged to hand the windfall to charity.

Xiaomi, which recently began selling phones in the UK, gave its founder-chair Lei Jun 639.6m shares despite a disappointing float on the Hong Kong market last July.

Continue reading…

Read More CEO of Chinese phone company says he’ll give £750m bonus to charity

Facebook Comments