I made a rule for myself: "The money in the New Oriental account must be satisfied. If one day New Oriental suddenly closes down or stops working, it can refund all students' tuition fees and pay all employees' resignation wages. "

With the official implementation of the "double reduction" policy, New Oriental has started the rent withdrawal mode in the whole country. At this time, not only the students' tuition fees will be refunded, but also the teachers' salaries will be paid. In this case, instead of complaining, Yu kindly donated brand-new desks and chairs to rural schools.

Yu introduced.

Yu Yu/kloc-0 was born in jiangyin city, Jiangsu province on September 4th, 1962, and/kloc-0 graduated from the department of western languages in Peking University in 1985. Founder of New Oriental Education Group and co-founder of Hongtai Fund. 1993 founded Beijing New Oriental School, the predecessor of New Oriental Education Group. On September 7th, 2006, he led New Oriental to be listed on the new york Stock Exchange.

In 2009, Yu was elected as one of the top ten figures of CCTV's economic year; In 2020 10, Yu was ranked in the 2020 Forbes China 400 Rich List with a wealth of 28.02 billion yuan 1 18.