{"id":791378,"date":"2026-03-04T12:27:17","date_gmt":"2026-03-04T12:27:17","guid":{"rendered":"https:\/\/www.rawchili.com\/nfl\/791378\/"},"modified":"2026-03-04T12:27:17","modified_gmt":"2026-03-04T12:27:17","slug":"chinese-billionaire-lin-bin-buys-stake-in-miami-dolphins-valued-at-us12-5-billion-report","status":"publish","type":"post","link":"https:\/\/www.rawchili.com\/nfl\/791378\/","title":{"rendered":"Chinese billionaire Lin Bin buys stake in Miami Dolphins valued at US$12.5 billion: report"},"content":{"rendered":"<p datatype=\"p\" data-qa=\"Component-Component\" class=\"e8zc9q40 css-1c6uqr6 ec74h0k1\">Chinese-American tech billionaire Lin Bin bought a small \u2060stake in \u2060the National Football League\u2019s Miami Dolphins at a \u2060valuation of US$12.5 billion, a record for a publicly known minority transaction, Sportico reported on Tuesday.<\/p>\n<p datatype=\"p\" data-qa=\"Component-Component\" class=\"e8zc9q40 css-1c6uqr6 ec74h0k1\">Bin is acquiring a 1 per cent stake in the holding company that owns \u200cthe Dolphins, Hard Rock Stadium, Formula One\u2019s Miami Grand Prix and part of the Miami Open tennis tournament.<\/p>\n<p datatype=\"p\" data-qa=\"Component-Component\" class=\"e8zc9q40 css-1c6uqr6 ec74h0k1\">The previous top valuation for a minority transaction was US$10 billion, set in October, when the Koch family bought 10 per cent of the New \u2060York Giants.<\/p>\n<p datatype=\"p\" data-qa=\"Component-Component\" class=\"e8zc9q40 css-1c6uqr6 ec74h0k1\">The NFL\u2019s finance committee approved Bin\u2019s purchase. Approval from \u200cleague owners is expected to follow at their annual meeting in late March.<\/p>\n<p datatype=\"p\" data-qa=\"Component-Component\" class=\"e8zc9q40 css-1c6uqr6 ec74h0k1\">Bin, a consumer electronics \u200cmagnate, is the co-founder and vice-chairman of Xiaomi, a \u2060leading smartphone \u2060vendor headquartered in Beijing.<\/p>\n<p><img decoding=\"async\" alt=\"Chinese-American tech billionaire Lin Bin is ranked No 305 on a list of wealthiest people. Photo: Zigor Aldama\" data-qa=\"BaseImage-handleRenderImage-StyledImage\" class=\"e1gf69pb2 css-6ikqhs e445x7d0\" loading=\"lazy\" src=\"https:\/\/www.rawchili.com\/nfl\/wp-content\/uploads\/2026\/03\/701da5df-90da-49f4-891d-73eabe03d3dd_be4c9fd9.jpg\" title=\"Chinese-American tech billionaire Lin Bin is ranked No 305 on a list of wealthiest people. Photo: Zigor Aldama\"\/>Chinese-American tech billionaire Lin Bin is ranked No 305 on a list of wealthiest people. Photo: Zigor Aldama<\/p>\n<p datatype=\"p\" data-qa=\"Component-Component\" class=\"e8zc9q40 css-1c6uqr6 ec74h0k1\">With an estimated net worth of US$10.3 billion, Bin ranked \u200cNo 305 on Tuesday in Forbes\u2019 real-time ranking of the wealthiest people in the \u200cworld. He \u200cworked in engineering at Google and Microsoft after obtaining \u200ca master\u2019s degree in computer science from Drexel.<\/p>\n","protected":false},"excerpt":{"rendered":"Chinese-American tech billionaire Lin Bin bought a small \u2060stake in \u2060the National Football League\u2019s Miami Dolphins at a&hellip;\n","protected":false},"author":2,"featured_media":791379,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":"","_share_on_mastodon":"0"},"categories":[2049],"tags":[61622,11963,25050,217,16297,7,22641,5578,216,251,2087,88,6,320,111430,817,13855,800,658],"class_list":{"0":"post-791378","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-miami-dolphins","8":"tag-asia","9":"tag-business","10":"tag-china","11":"tag-dolphins","12":"tag-economy","13":"tag-football","14":"tag-hong-kong","15":"tag-lifestyle","16":"tag-miami","17":"tag-miami-dolphins","18":"tag-miamidolphins","19":"tag-news","20":"tag-nfl","21":"tag-opinion","22":"tag-south-china-morning-post","23":"tag-sport","24":"tag-technology","25":"tag-us","26":"tag-world"},"share_on_mastodon":{"url":"https:\/\/channels.im\/@nfl\/116170906917194602","error":""},"_links":{"self":[{"href":"https:\/\/www.rawchili.com\/nfl\/wp-json\/wp\/v2\/posts\/791378","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.rawchili.com\/nfl\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.rawchili.com\/nfl\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.rawchili.com\/nfl\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.rawchili.com\/nfl\/wp-json\/wp\/v2\/comments?post=791378"}],"version-history":[{"count":0,"href":"https:\/\/www.rawchili.com\/nfl\/wp-json\/wp\/v2\/posts\/791378\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.rawchili.com\/nfl\/wp-json\/wp\/v2\/media\/791379"}],"wp:attachment":[{"href":"https:\/\/www.rawchili.com\/nfl\/wp-json\/wp\/v2\/media?parent=791378"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.rawchili.com\/nfl\/wp-json\/wp\/v2\/categories?post=791378"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.rawchili.com\/nfl\/wp-json\/wp\/v2\/tags?post=791378"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}