https://www.cnbc.com/2018/06/22/xiaomi-reportedly-awards-founder-1-point-5-billion-in-stock-ahead-of-ipo.html

Chinese smartphone maker Xiaomi awarded founder and CEO Lei Jun about $1.5 billion in stock, one of the biggest corporate paydays in history, The Wall Street Journal reported Friday.

The company gave Lei the stock to "reward him for his contributions" ahead of its IPO, The Journal reported, citing a document filed this week.