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This is a Chinese name; the family name is Yu.

Overview
Yu Minhong (born 15 October 1962) is the founder and current CEO of New Oriental Education & Technology Group Inc. He is also a member of the central committee of China Democratic League. Yu Minhong is considered to be 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".

Yu was born in a rural part of China and all his family members are peasants which forced Yu to live in poverty for his whole childhood. However, his unfortunate living condition did not affect him in a negative way since Yu's father plays an great role in his life. Specifically, his father's innovation and determination inspired Yu to pursue his dream consistently. In Yu's life,Yu has overcame a lot of obstacles; for instance, Yu encounters two failures of the university qualification exam before getting his ideal university offer-Peking university. At the time, Yu has one-year delay of sickness in peking university. Moreover, Yu wants to study abroad after graduate, but Yu several refusals of oversea studying visa has broken his American dream. Although Yu did not have a chance to study abroad and fulfill his American Dream, he started thinking to become an English teacher and help Chinese students learning English so that they could study abroad. In 1993, Yu founded New Oriental Education (NOE). Although NOE only had 30 student at the beginning when it was built, it had grown to become the China's largest private education service provider with 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. New Oriental was the first private education company in China that listed on the New York Stock Exchange (2006). Chinese people give a moniker of Yu which is "the most successful teacher ever", but Yu himself says he is "still far from being productive". Yu has a greater ambition rather than to be merely wealthy and famous. "My biggest dream is to establish a private university, and make it to be one of China's top educational institutions after 40-50 years of development. When applying for higher education, my dream is for the best high school graduates to take my university into consideration, along with the likes of Tsinghua and Peking University." said Yu.

Early life
Yu Minhong was born in a rural family and Yu helped his father to do farm-work in his childhood. In rural areas of China, many children cannot attend schools because of poverty, but Yu's mother always encouraged him to go to school since she did not want Yu to be illiteracy. When Yu was in his last year of high school, he had two choices: go back and work as a farmer, or take the university qualification exam to pursue further education. For most children from rural families, going to university seems like a dream. For Yu, he wishes to go out of his hometown and experience what he did not experience before. Yu took the exam, and unsurprisingly, he failed because of the lack of knowledge in rural area. In the following years, he tried and failed once more. "I was extremely upset. Most rural students would give up after failing the university entrance exam twice. I also decided to quit, although I still imagined myself going to university." said Yu. Yu was not defeated by the second failure and his effort was finally paid off when he was admitted to the best university in China - Peking University. For Yu Minhong, this was only the first of his miracles. When Yu first entered Peking University, he was placed in a class for sub-standard students, because he couldn't speak standard Chinese. Yu found himself is a poor student, in both financially and academically. In his junior year, he caught pneumonia and had to take a year off. This experience had a negative impact on Yu's school life. After graduation in 1985, most of Yu's classmates went abroad for further education, Yu began to apply for US universities while teaching English in Peking University. After three years, Yu was accepted by a university but he was refused by several times of visa. At that time, Yu decided to teach Chinese students English and help them to study abroad.

New Oriental Education
As the largest provider of private educational services in China, New Oriental Education offers educational programs include English and other foreign language training, overseas and domestic test preparation courses, all-subjects after school tutoring, primary and secondary school education, and online education.Based on founder Yu Minhong's groundbreaking vision, New Oriental Education's innovative and inspirational instruction combines humorous, interactive teaching techniques with traditional Chinese educational values.

Foundation of New Oriental Education
New Oriental School was established on November 16, 1993. Yu Minhong was the only English teacher at that time. As the enrollment at New Oriental School grew larger, Yu Minhong could no longer handle the business by himself. He visited the United States and tried to persuade his former classmates to work with him. One of them, Wang Qiang is a master's degree graduate from the State University of New York and is also known as a "master in oral English training". "I took Yu Minhong to Princeton University to show him around the campus. To my surprise, almost every Chinese student recognized him. They would call him 'Teacher Yu'. I was amazed to see how famous he was." Said Wang Qiang.

Development of New Oriental Education
With the support and talents of his overseas friends who came back to China, Yu Minhong reconstructed the New Oriental School into the New Oriental Education and Technology Group. It is now the largest private educational enterprise in China, with approximately 10.5 million enrollment, 465 learning centers in 44 cities, and 29 New Oriental bookstores in fiscal year 2010. Considering his initial business started with a tutor class of 30 students, Yu created his second miracle. In September 7, 2006, the New Oriental Education and Technology Group was listed on the New York Stock Exchange. Yu Minhong was then labeled as China's richest teacher with 800 million U.S. dollars in assets.By the time, he says that the secret to his success is hardworking.

Publication
《The Relentless Pursuit of Success》

Personal Honor
2009 CCTV Annual Economic Award 2011 Forbes listed  1140 2012 China 20th century famous educator

Timeline
1962: Yu was born in JiangYin 1978: graduated from JiangYin Xiagang Highschool 1978-1979:  failed two university qualification exams 1980: Peking University. After graduation: 1985: became a professor in Peking University 1993: established New Oriental School 2000: established Online New Oriental Education 2001: established New Oriental Education and Technology Group 2006 New Oriental Education and Technology Group are list on the New York Stock Exchange