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China’s Largest Phone Company Gives Their CEO a $1.5 Billion Bonus

China’s largest smartphone maker Xiaomi has reportedly given their CEO one of the largest executive bonuses in history.

CEO Lei Jun, who helped catapult Xiaomi to become the fourth largest smartphone company in the world, received a $1.5 billion bonus in stock options to “reward him for his contributions,” according to Business Insider via The Wall Street Journal.