Yu Minhong Net Worth

Net Worth:$1.1 Billion
Date of Birth: October 15, 1962 (61 years old)
Profession:Business Tycoon

What is Yu Minhong Net Worth

Yu Minhong is a Chinese businessman who has a net worth of $1.1 billion. He is currently the CEO and owner of one of the biggest privately owned educational services in China named New Oriental Education & Technology.

His net worth has steadily increased thanks to his ongoing passion for studying abroad ever since the company was founded in 1993 as an English test preparation service.

He became one of the wealthiest professors in the world after the company went public on the New York Stock Exchange.

Michael Yu Minhong, who was born on October 15, 1962, in Jiangyin, Jiangsu, had to retake the college entrance examinations three times before being admitted to a prestigious Chinese university.

He made the decision to start an education company after receiving his degree from Peking University in order to pay for his own studies abroad, but this never materialized. But because of him, there are now more than 13 million New Oriental graduates.

Yu Minhong tied the knot with his sweetheart and the couple is blessed with a son and a daughter. His wife later relocated to Canada in 1995.

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