Yu Minhong's inspirational classic: doing education is my life's wish and interest

Yu Minhong's inspirational classic: doing education is my life's wish and interest

The New Oriental Education Technology Group, which was founded in the United States in 2006, was listed in the US in 2006. Chairman and CEO Yu Minhong has soared in value, reaching hundreds of millions of dollars, showing the ability to make money. Now, he once again showed the wisdom of spending money.
"Running a non-profit private university allows rural children to receive first-class university education. This is what I want to do most in the future." During the interview during the CPPCC meeting, Commissioner Yu Minhong frequently mentioned this. The plan of life's dreams.
This dream is being realized. Yu Minhong revealed that the school is located in Beijing and has already begun to acquire land. It covers an area of ​​about 500 mu. It is estimated that the hardware investment is 800 million yuan. It is also necessary to set up a 2 billion yuan foundation. "This is my lifelong event. I will work hard. Do it well."
According to Lao Yu’s idea, this is a small university with a maximum of 5,000 undergraduate students, mainly in economics, law, business, philosophy, religion, etc. The enrollment is mainly for rural children.
“I don’t plan to collect tuition fees, mainly relying on grants, donations, and work-study to help students complete their studies,” Yu Minhong said. “This university mainly relies on entrepreneurs to donate money. Their names will be engraved on the wall. Of course, I must first Donate money."
Yu Minhong, a former English teacher of Peking University, founded New Oriental 15 years ago to help the young people who have dreamed of going abroad to cross the English test. They also created the myth of wealth with the help of the capital market. However, Yu Minhong said that for him who was born in a farmhouse and had slept next to the pig pen, he had already had a school to change the fate of the farmer's children. Because one of the phenomena of unfair education is the decline in the proportion of rural children attending college in recent years.
For the university, Yu Minhong said that he has a unique advantage. "In China, there is usually no money for education, and money for education. I just have both money and education." There are also a lot of connections. "I can call a top-ranking professor and thinker from China to come to school."
Yu Minhong, 45, admitted that he had suffered a "middle-age crisis" a few years ago, but now it is over, because knowing that there are important things in the second half of life waiting to be done - a non-profit private university, "Your life will So it became very fulfilling, and once it was enriched, the crisis disappeared."
He said that after having money, his mentality has not changed, and he is still "unswervingly doing what he always wants to do, and he persists in his own way of life." Seeing that many New Oriental employees bought the villa, Yu Minhong was very happy, but he still lived in a small three-bedroom room, a study room, a bedroom, and a living room, "very comfortable."
Yu Minhong said: "It is the wish and interest of my life to do education."
Yu Minhong has not yet thought of a good name for his university, but may not use "New Oriental University" in order to separate it from the business model of New Oriental. "This university is not in the product line of New Oriental. It is entirely my personal dream. I hope that I will continue to do it slowly."