Yu Minhong Net Worth is
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Yu Minhong, or Michael Yu (Simplified Chinese: a??ae??ae??; born 15 October 1962 in Jiangyin, Jiangsu) is the founder and current CEO of New Oriental Education & Technology Group Inc. (Simplified Chinese: ae??a,?ae??ae??e??c??ae??e??a??), and a member of the central committee of China Democratic League. Yu Minhong is considered one of the twenty-five people that has had the greatest impact on China in the twentieth century. As the owner of one of the largest private educational services, Yu is known as the "richest teacher in China", and "Godfather of English Training".
Born in the rural area of China, Yu's family was poor. His father's innovation and determination inspired Yu to consistently pursue his dream. Yu overcame many obstacles in his life, including childhood poverty, two failures of the university qualification exam, one-year delay of sickness in university, and several refusals of oversea studying visas. Although Yu did not have a chance to study abroad and fulfill his American Dream, he made up his mind to become an English teacher and help Chinese students learning English so that they could follow theirs.
In 1993, Yu founded New Oriental Education and Technology Group. Although the first year started with a class of only 30 students, New Oriental has grown to become China's largest private education service provider. Approximately 70% of Chinese students who are studying in the United States and Canada now have taken English classes in New Oriental. In addition, the online education section, which was developed in year 2003, has attracted more than 2 million registered users.[when?] New Oriental was the first private education company in China to become listed on the New York Stock Exchange.
Some give Yu Minhong the moniker of "the most successful teacher ever". But Yu says he is "still far from being successful". Yu has a greater ambition rather than to be merely wealthy and famous. "My biggest dream is to found a private university, and for

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Yu Minhong Latest News

Yu Minhong: From failure to success

Almost every university student in China who wants to go abroad knows Yu Minhong's name. Nicknamed the "godfather for overseas study," Yu is often greeted on the street in the US or Canada by Chinese students. Having such a recognizable face is largely due ...
Posted: August 11, 2013, 5:00 pm

Yu Minhong

If you are, or have ever been a college student in China during the past 10 years, this is one name you'll definitely know. He's the founder and CEO of New Oriental Education & Technology Group, he's labeled as the "richest teacher in China", or "Godfather ...
Posted: January 8, 2008, 9:05 am

Education reform key to mass innovation

A national political adviser has called for education reform to promote mass innovation. "Innovation demands one's independent thinking, imagination and creativity, which lies in education," said Yu Minhong, a member of the National Committee of the ...
Posted: March 11, 2015, 10:28 am
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