CEO of Chinese phone company says he'll give £750m bonus to charity

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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.

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Source: china
Link : CEO of Chinese phone company says he’ll give £750m bonus to charity

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