Pete Lau Net Worth: A Closer Look at the Co-Founder of OnePlus
Introduction
Have you ever wondered how much the co-founder of OnePlus, Pete Lau, is worth? In this article, we will take a deep dive into his net worth and the sources of his wealth.
Early Life and Career
Pete Lau was born and raised in China. He graduated from the University of Electronic Science and Technology of China in 1994 with a degree in engineering. After graduation, he worked for several tech companies in China, including Haier and Oppo.
Co-Founding OnePlus
In 2013, Pete Lau co-founded OnePlus with fellow tech enthusiast Carl Pei. The company quickly gained a reputation for producing high-quality smartphones at an affordable price point. Today, OnePlus is one of the most popular smartphone brands in the world.
Pete Lau's Net Worth
As of 2021, Pete Lau's net worth is estimated to be around $150 million. The majority of his wealth comes from his ownership stake in OnePlus. However, he also has investments in other tech companies and real estate.
Sources of Pete Lau's Wealth
OnePlus
As mentioned above, the bulk of Pete Lau's net worth comes from his ownership stake in OnePlus. In 2018, the company was valued at $1.4 billion. While the exact percentage of the company that Lau owns is unknown, it is safe to assume that he holds a significant stake.
Tech Investments
In addition to his involvement with OnePlus, Pete Lau has also invested in several other tech companies. Some of these include Essential Products, a smartphone company founded by Android co-founder Andy Rubin, and Improbable, a British technology company specializing in virtual worlds.
Real Estate
Like many successful entrepreneurs, Pete Lau has also invested in real estate. He owns multiple properties in China, including a luxurious mansion in Shenzhen.
Conclusion
In conclusion, Pete Lau's net worth is a testament to his success as a tech entrepreneur. From his early days in the industry to co-founding one of the world's most popular smartphone brands, Lau's journey has been nothing short of impressive. With his continued involvement in the tech world and smart investments, there's no telling how much his net worth will grow in the coming years.
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