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Founder and CEO of Xiaomi Xiaomi CEO an entrepreneur and businessman in many fields. He is undoubtedly good at what he does, which is why he was named Businessman of the Year by Forbes in 2014. The founder of Xiaomi joined the world's billionaires club in 2015. That year, Forbes ranked him 87th with his own personal estimated wealth of $13.2 billion. Xiaomi CEO the source of his wealth may go beyond Xiaomi, as the CEO appears to have his hand in several other investments. A Xiaomi CEO is now linked to the world's largest Bitcoin mining equipment manufacturer, based in Beijing.

Paradise Papers

The discovery of the Paradise Papers document leaked by.

The document released by the Paradies Papers is the second largest data leak in history. It contains 1.4TB of data and 13.4 million confidential digital documents relating to offshore investments acquired by the German newspaper Süddeutsche Zeitung earlier this year. The data was published just last month by the Investigative Journalists International Consortium (ICIJ). The leaked documents are a compilation of company records in 19 tax havens around the world, and some were also obtained from offshore investment providers Appleby and Asiaciti Trust.

Bitmain

Bitmain

Xiaomi CEO is the controller of Colorful Mi Ltd and Red Better Ltd, two offshore companies controlled by the Chinese holding group Beijing Changtong Wuxian Consulting Company, according to the article. It appears that Bitmain co-founder Jihan Wu owns Wu Ji Han & Co. Ltd. Similarly, another Bitmain co-founder, Micree Zhan, is also listed as a director of Bitmain Cowin Inc and DivaIPTV Ltd, both of which are linked to the same holding company.

Bitcoin bányászat

 

Xiaomi CEO-or the individuals affected by the leak have yet to publicly deny the claim, but are unlikely to ever do so. But the leak is significant, given that Bitmain is one of the most successful cryptocurrency (e.g. Bitcoin) hardware companies in the world. The company manufactures custom mining drills and chips that power the rigs, and its computing power is hired by other companies. Bitmain's mining operations are estimated to generate billions of dollars in revenue each year and the company has earned a reputation as one of the safest investments in the cryptocurrency industry.

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