Xiaomi founder’s net worth soars on shares jump (China).
Xiaomi has surged to HK$20 (US$2.55) per share today after its disappointing Monday debut at HK$16.6 (US$2.11). The uptick sends co-founder Lei Jun’s net worth to over US$19 billion, well above Baidu CEO Robin Li’s US$12 billion and JD founder Richard Liu’s US$10.8 billion. Lei Jun’s net worth has jumped US$14.1 billion over the past year. (TechNode)