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Top 10 education industry billionaires

China has the most billionaires in the world from the education industry, accounting for 63 percent of the total, according to the Hurun Global Education Rich List 2020, jointly released by the Hurun Research Institute and Hurun Education.

The Hurun Research Institute found 19 billionaires from the field of education, among which 12 came from China. These billionaires came from 15 companies, with a total wealth of $55 billion and an average wealth of $2.9 billion. The average age was 55.

Among the top 10, seven came from China, including the top three. Let’s see who they are.

No 10 Li Hua and her father Li Guangyu     Wealth: 11 billion yuan

Li Guangyu, chair of the board of Yuhua Education. [Photo/]

No 9 Sunny Varkey     Wealth: 14 billion yuan

Sunny Varkey, founder and chairman of GEMS Education. [Photo/]

No 7 (tie) Wu Junbao     Wealth: 15 billion yuan

Wu Junbao, founder of Xinhua Education. [Photo/ Xinhua Education]

No 7 (tie) Ranjan Pai     Wealth: 15 billion yuan

Ranjan Pai, chairman of Manipal Education and Medical Group. [Photo/]

No 6 Yu Minhong     Wealth: 20 billion yuan

Yu Minhong, founder of English-language training giant New Oriental Education and Technology Group, delivers a speech to freshmen at Dalian Maritime University in Liaoning province. [Provided to China Daily]

No 5 Wang Zhendong     Wealth: 23 billion yuan

Wang Zhendong, CEO of offcn. [Photo/]

No 4 Bertil Hult     Wealth: 28 billion yuan

Bertil Hult, founder of Education First (or EF). [Photo/]


No 3 Chen Xiangdong     Wealth: 32 billion yuan

Chen Xiangdong, founder of GSX Techedu. [Photo/]

No 2 Zhang Bangxin     Wealth: 62 billion yuan

Zhang Bangxin, founder and CEO of TAL. [Photo/TAL]

No 1 Li Yongxin and his mother Lu Zhongfang     Wealth: 91 billion yuan

Li Yongxin, president of Offcn Education Technology, a private institution that offers training for the civil service exam. [Photo/]


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