Wuhan University receives $183 million from alumnus Lei Jun

A headshot of a Chinese businessman in a sport jacket – a photo of Lei Jun.

Wuhan University in China has received a 1.3 billion yuan ($183.5 million) gift from alumnus Lei Jun (BA ’91), co-founder of the Chinese consumer-tech giant Xiaomi, the South China Morning Post reports.

The largest individual donation to a Chinese university will bolster programs in mathematics, physics, chemistry, literature, history, and philosophy as well as scientific and technological innovation in computers and to provide support for students. The university announced the gift on its 130th anniversary—Lei described it as a “birthday gift.”

“More than 30 years ago…I was awarded the highest scholarship at Wuhan University at that time, which was 2,000 yuan [$127 in 1991]. For a student from an ordinary county family, this was really a huge sum of money,” said Lei. “I swore in my heart then: no matter how much I receive today, I will pay it back 10 times, 100 times, or 10,000 times in the future.”

(Photo credit: Wikimedia/DirectX3)