Thursday, 11 April 2019

Xiaomi's founder got a nearly $1 billion bonus and is donating it all to charity

Xiaomi's founder got a nearly $1 billion bonus and is donating it all to charity

The founder and CEO of Chinese smartphone maker Xiaomi is receiving a huge bonus for a year in which the company went public. And he's donating all of it to charity. Xiaomi said in a regulatory filing Wednesday that Lei Jun is receiving more than 636.6 million shares as a bonus for "his contributions to the company." The stock is traded in Hong Kong.
Read more: https://www.cnn.com/2019/04/10/tech/xiaomi-lei-jun-bonus-charity/index.html?source=Snapzu

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