Who is Lin Bin and how did he amass a multi-million dollar fortune thanks to technology?

Who is Lin Bin and how did he amass a multi-million dollar fortune thanks to technology?

September 4, 2024 – 15:30

The Chinese entrepreneur had a successful career at Microsoft and Google before founding one of the world’s leading technology companies.

Lin Bi He managed to become one of the richest people in China by being the co-founder of the technology company Xiaomi, His company made him earn millions of dollars by gaining worldwide fame for its strategy of selling high-quality products at low prices. This modality allowed it to obtain returns by selling large quantities.

The company started in 2010 and managed to gain prestige in the smartphone market by offering a combination of value and quality. This opened the way for it to position itself globally and diversify into household appliances and electric vehicles. Xiaomi is currently present in 30 countries, employs more than 40 thousand employees and generates more than 280.04 billion Renminbi per year, the currency of the People’s Republic of China.

The story of Lin Bin, the billionaire who is betting on technological development

Born in 1969, the Chinese studied engineering at Sun Yat-Sen University. He then continued his studies to obtain a master’s degree in computer science at Drexel University. His impeccable academic record allowed him to join Microsoft Corporation, where he worked as an engineer for 9 years.

During his time as an employee of the American company he managed to develop the Microsoft Research Institute in Asia and researched Windows Software. The next step in his career switch to Google and develop the company’s mobile search engine in ChinaThere he became vice president and global engineering director of the Google China Academy of Engineering.

Lin Bin has not left the search engine and is currently responsible for the Android localization application team, engineering research and development for both Google and China Mobile.

Previously, eThe co-founder joined Lei Jun to form Xiaomi in 2010. Lin Bin was in charge of the brand’s internationalization and expansion strategy, which resulted in the success that his company has today. But the co-founder was involved in some r Rumors of leaving the tech giant after selling 350 million of its sharesThis sum represents 1.48% of the company, but Lin Bin remains linked to it, only with a reduction in her functions in the group.

How much is Lin Bin’s fortune, according to Forbes

Lin Bin.jpg

The magazine specialized in economics and finance estimated that The Chinese businessman’s wealth is estimated to be around 4.7 billion dollarsThis sum was made possible thanks to Lin Bi’s successful career in the global technology market.

Source: Ambito

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