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Who do you support in the bet between Lei Jun and Dong Mingzhu?
20 13 12 12 at the China Economic Person of the Year Award Ceremony, Lei Jun, Chairman and CEO of Xiaomi Company, and Dong Mingzhu, Chairman of Gree Electric Company, received the award on the same stage, which was the highest honor that China entrepreneurs could get at that time.
Lei Jun and Dong Mingzhu made a five-year bet on whether Xiaomi's revenue could surpass Gree. Lei Jun thought it was possible, but Dong Mingzhu thought it was impossible. Those who lose the bet will get 654.38 billion yuan.
Lei Jun recalled that it was actually just a joke under the stage, and the amount was 1 yuan. I didn't expect Dong Mingzhu to shout 1 billion directly after he took office. "Betting a dollar is a joke, but10 billion has become a social topic, and I didn't take it seriously." Lei Jun said that he became an online celebrity from then on, and he regretted betting with Dong Mingzhu.
In the second year after the expiration of the gambling contract, Xiaomi's revenue surpassed Gree. We all know the final result. According to the financial report of 20 18, Xiaomi's total revenue in that year was174.9 billion yuan, and Gree's total revenue in that year was19810 million yuan. Gree narrowly won.
But dramatically, in the second year after the gambling contract expired, Xiaomi's 20 19 revenue reached 206 billion yuan, exceeding Gree's198.2 billion yuan. In this ten-year speech, Lei Jun publicly admitted that he lost for the first time, but did not disclose whether 65.438 billion yuan was given to Dong Mingzhu.
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