Xiaomi IPO can make 5 Co-founders billionaires for 1st time
Xiaomi's IPO, reportedly the world's biggest Initial Public Offering since 2014, could make five of its Co-founders billionaires for the first time if its market value reaches $100 billion, according to Bloomberg. However, If the IPO values Xiaomi at $50 billion, only three Co-founders will become billionaires for the first time. Out of eight Xiaomi Co-founders, two already are billionaires.