Lin Bin
Businessman; co-founder and vice chairman of Xiaomi
| Lin Bin
| |
|---|---|
| Born | 1 February 1968 (Forbes) |
| Nationality | American (Forbes) |
| Residence | Beijing (Forbes) |
| Occupation | Businessman |
| Known for | Co-founder, vice chairman and second-largest shareholder of Xiaomi |
| Education | Sun Yat-sen University; Drexel University (MS) (Forbes) |
Lin Bin (born 1 February 1968) is a businessman who co-founded the Chinese smartphone and electric-car maker Xiaomi with Lei Jun in 2010. He is its vice chairman and an executive director.[1][2][3] At the end of June 2025 he held about 8.3% of Xiaomi's share capital, making him its second-largest shareholder after Lei.[3] Forbes lists him as a US citizen living in Beijing.[1] On 11 November 2026 the Forbes Real-Time Billionaires list ranked Lin 360th in the world, with an estimated net worth of US$9.9 billion; Forbes lists the source of wealth as smartphones.[1][4] In the annual World's Billionaires list published in 2026, Forbes had ranked Lin 281st, at US$11.3 billion.[5]
Career
Lin studied radio electronics at Sun Yat-sen University and took a master's degree at Drexel University.[1] He worked at ADP and Microsoft, and was an engineering director at Google from 2006 to 2010.[1] At Xiaomi he was president until 2019. In the early years he oversaw recruiting, legal affairs, finance, strategic partnerships and overseas expansion.[1] Xiaomi entered the electric-vehicle market in 2024 with the SU7 sedan.[1]
Yicai reported that Lin had sold Xiaomi shares several times since its 2018 Hong Kong listing: about HK$370 million in August 2019, about HK$8 billion in September 2020 and about HK$180 million in June 2024.[3] On 28 December 2025 Xiaomi announced that, from December 2026, Lin planned to sell up to US$500 million of Class B shares in any 12-month period, up to a total of US$2 billion. The proceeds were mainly to set up an investment fund company.[2] Xiaomi shares fell as much as 3.3% the next day.[3]
Other interests
Forbes says Lin sits on the board of advisers of Tufts University's school of engineering, where his daughters studied. In 2020 he and his wife, Daisy, gave 80,000 face masks and 10,000 pairs of goggles to Tufts Medical Center.[1] In 2026, according to Forbes, he bought 1% of the Miami Dolphins' holding company at a valuation of US$12.5 billion, a record for a minority stake.[1]
Wealth history
Forbes has included this entry in its annual World's Billionaires list in 10 of the editions from 2001 to 2026 checked for this profile, starting with 2015. The table gives the rank and estimated net worth in each annual list, and, where applicable, the rank and estimate in the Forbes 400 list of the richest Americans.[5][1]
| Year | World's Billionaires rank | Net worth (US$ bn) | Forbes 400 rank | Forbes 400 net worth (US$ bn) |
|---|---|---|---|---|
| 2015 | 1386 | 1.4 | – | – |
| 2016 | 1577 | 1.1 | – | – |
| 2019 | 597 | 3.6 | – | – |
| 2020 | 538 | 3.5 | – | – |
| 2021 | 274 | 8.7 | 94 | 8.5 |
| 2022 | 536 | 5.1 | 252 | 4.2 |
| 2023 | 659 | 4.2 | 258 | 4.5 |
| 2024 | 661 | 4.7 | 204 | 6.3 |
| 2025 | 122 | 16.9 | 61 | 16.5 |
| 2026 | 281 | 11.3 | 167 | 9.4 |
International and political links
This section uses the same ten headings for every profile in this series. Only specific, sourced actions are included; company-level and foundation-level actions are labelled as such. Where nothing was found, the entry reads "No documented involvement found in sources checked."
Israel (investments, operations, donations, contracts, statements)
No documented involvement found in sources checked.
Zionist or pro-Israel organisations and lobbying groups
No documented involvement found in sources checked.
Jewish communal charities
No documented involvement found in sources checked.
Gulf states
No documented involvement found in sources checked.
China
Lin co-founded and helps run Xiaomi, a Beijing-based company, and Forbes lists him as living in Beijing.[1][3]
Russia
No documented involvement found in sources checked.
India
No documented involvement found in sources checked.
Palestinian or Arab causes
No documented involvement found in sources checked.
Home government
No documented involvement found in sources checked.
Other international links
No documented involvement found in sources checked.
Notes
- ↑ 1.00 1.01 1.02 1.03 1.04 1.05 1.06 1.07 1.08 1.09 1.10 Forbes, Forbes profile record for Lin Bin (Forbes data feed behind forbes.com/profile/lin-bin/) Forbes, live record, read 11 November 2026, accessed 11 November 2026.
- ↑ 2.0 2.1 Xiaomi Corporation, Voluntary Announcement (Mr. Lin's Disposal Plan) Hong Kong Exchanges and Clearing (HKEXnews), 28 December 2025, accessed 11 November 2026.
- ↑ 3.0 3.1 3.2 3.3 3.4 Li Juan, Xiaomi Dips After Chinese Tech Giant’s Vice Chair Reveals USD2 Billion Share Sale Yicai Global, 29 December 2025, accessed 11 November 2026.
- ↑ Forbes, Forbes Real-Time Billionaires data feed Forbes, live; downloaded 11 November 2026 16:19 UTC, accessed 11 November 2026.
- ↑ 5.0 5.1 Forbes, Forbes World's Billionaires list data feed, annual editions 2001–2026 (one file per year at this path with the year substituted; all 26 files downloaded and read) Forbes, annual lists; downloaded 20 October 2026, accessed 11 November 2026.