Yu Minhong is the founder of New Oriental Education Group and an expert in English teaching and management. Chairman of New Oriental Education Group, co-founder of Hongtai Fund, vice president of China Young Entrepreneurs Association and member of all-china youth federation.

Born in p>1962 in an ordinary rural family in southern Jiangsu. I failed the college entrance examination twice and was finally admitted to Peking University for the third time. After graduating from college, he stayed in school to teach, but was punished for earning extra money privately. In a rage, he resigned and started an English training self-employed.

In p>13 years, Yu Minhong's New Oriental was listed in the United States. According to the latest Hurun Report, Yu Minhong is the second richest person in the education industry with a wealth of 16 billion yuan.

in November, 1993, Yu Minhong officially started his business in the sea. He rented a small room with air leakage of 1 square meters near Zhongguancun, and his employees were his husband and wife. In order to recruit students, Yu Minhong went out to put up small advertisements in the middle of the night. Holding a paste brush in one hand and pushing a bicycle in the other, I walked under the telephone pole, swish swish, posted a small advertisement for training and enrollment, and ran away for fear of being seen by others.

Yu Minhong, Xu Xiaoping, and Wang Qiang, as the troika of New Oriental, played a key role in the initial stage of business. Together, the three men, Qi Xin, successfully listed New Oriental in the United States. The domestic film "Chinese Partner" is a film based on three people.

On September 7th, 26, Yu Minhong and his New Oriental were successfully listed in new york, USA, and their wealth increased greatly, which led to a successful counterattack.

Extended information

Yu Minhong's inspirational quote:

1. Difficulties and hardships are the source of happiness, and ease and enjoyment are the beginning of suffering.

2. Luck can never last for a lifetime. The only thing that can help you last for a lifetime is your personal ability.

3. Even the most hopeless thing, as long as a brave person persists in doing it, there will be hope in the end.

4. People who move from inferiority to self-confidence are truly self-confident. People who are blindly confident from the beginning actually have no self-confidence.

5. Some people are not brilliant in their lives, not because they can't be brilliant, but because they don't have brilliant thoughts in their minds, or they don't know how to be brilliant.

6. There is no end to success, no end to life, no end to the trials of hardships and hardships in life, and no end to the gains and joys we get after hard struggle. When you fully understand the meaning of "success never ends", the beauty of life will spread her charming smile to you.

7. The snail's shell is added by itself.

8. As long as the snail climbs to the top of the pyramid, the world it sees and its achievements are exactly the same as those of the eagle.

Baidu encyclopedia-Yu Minhong