Yu Minhong, or Michael Yu (Simplified Chinese: 俞敏洪; birthed 15 October 1962 in Jiangyin, Jiangsu) is the owner as well as of New Asian Education and learning & Innovation Team Inc. (Simplified Chinese: 新东方教育科技集团), and also a participant of the board of China Democratic Organization. As the proprietor of among the biggest personal academic , Yu is referred to as the “wealthiest educator in China”, as well as “Godfather of English Training”. On Hurun Record’s China Rich Checklist 2013, he had actually an approximated riches $1.1 billion as well as was rated No. 245 on the listing. On the very same listing of 2015, he had actually an approximated riches of $1.09 billion and also was rated No. 487. Likewise he was placed No. 1759 on Hurun Global Rich Listing 2015, with an approximated wide range of $1.1 billion.
Roughly 70% of Chinese pupils researching in the USA and also Canada have actually taken English courses from the company. Furthermore, the on the internet education and learning area has actually greater than 2 million signed up customers given that starting in 2003. New Asian was the very first Chinese personal education and learning business to listing shares on the New York Supply Exchange.
Yu , “My greatest desire is to discovered a personal college, as well as for it to be among China’s leading universities after 40-50 years of growth. When looking for college, my desire is for the very best secondary school grads to take my college right into factor to consider, together with the similarity Tsinghua and also Beijing College.”
Summary
| Yu Minhong | |
|---|---|
| Personal details | |
| Born | October 15, 1962 Jiangyin,Jiangsu,China |
| Nationality |  China |
| Residence | Beijing, China |
| Education | Peking University |
| Occupation | Founder and President of New Oriental Education & Technology Group Inc. Vice President of the Education Committee of Central Committee of China Democratic League Member of Standing Committee of China Youth Federation Vice President of Chinese Young Entrepreneur Council Co-founder of Hong Tai Fund President of council of Gengdan Institute of Beijing University of Technology |
| Known for | The Relentless Pursuit of Success |
| Net worth | US$1.09 billion (2015) |
| Awards | China’s 50 Most Influential Business Leaders (2012) CCTV Annual Economic Figures (2009) |
| Nickname(s) | God Farther of English training |
Yu Minhong net worth:
$1.1 Billion
Yu Minhong Net Worth: Yu Minhong is a Chinese businessman who has a net worth of $1.1 billion. Yu Minhong is the founder and current CEO of New Oriental Education & Technology, one of the largest private educational services in China. Ever since the company’s establishment as English test prep agency in 1993, he has witnessed a constant rise in his net worth on the back of the ever-present enthusiasm for studying abroad. After the company went public at the New York Stock Exchange, he turned into one of the richest educators in the world. Born on October 15, 1962 in Jiangyin, Jiangsu, Minhong took the college entrance exams three times before getting into a top Chinese university. Upon his graduation from Peking University, he decided to launch the education agency to fund his own overseas studies, which never happened. But thanks to him, there are more 13 million New Oriental alumni today.
Source:
1.Wikipedia