It was said that he was setting up a private university, but Su Yehao never thought of making money from it.
In Europe, the United States, Australia and other places, some universities sound high-end, but in fact you can get into them by paying money. They have turned the education field into a high-profit industry, regardless of what students can learn.
It doesn't matter even if you don't understand the language. Anyway, there is no cost for having multiple auditors. If you catch each one, you will earn one. That's why the study abroad rate of Donghuang Rose Middle School was so high.
This time, Su Yehao is aiming to build the world's top famous school. It is unlikely to happen overnight. It will probably take a long time to accumulate.
Not to mention that it is 100% philanthropic, but in fact it is almost the same. He plans to use the college he has just started to prepare as a talent reserve base for his company, recruiting only the top talents in the world and cultivating some elite students.
Although investing in a university can raise its grade by not just throwing money, but the amount of funds will inevitably affect the development of a university.
Even though Su Yehao was nowhere to be seen all day while he was studying in Hong Kong City, and in the end he didn't even attend the graduation ceremony, but when it comes to spending money, he now has more confidence than anyone else.
Initial construction stage.
He first made a five-year investment budget of US$600 million.
This US$600 million budget is only used to build school dormitories, etc. How much more will be added in the future will depend on how much is needed.
Su Yehao has no pressure at all in Su Yehao's eyes for a long-term project like this. What's more, when the time comes to introduce some profitable topics, such as new energy vehicle batteries, semiconductors, smart terminal components, etc., the benefits generated from it may be
can support this school.
From September to early December, his net worth surged by more than 5 billion U.S. dollars, the stock price of Yanzi continued to rise, and investment projects flourished. The stock prices of Apple and Amazon are rebounding, and the mainland stock market has also begun to emerge from the bear market. This has made
Su Yehao is full of confidence and has a rich mentality.
The spring of the market has just begun, and I am even worried about the assets being too good.
Even if we invest billions of dollars in this school in the next ten or twenty years... it doesn't seem to be a big deal. In the future, with the help of the school's resources, we can incubate a few more good companies, and it will be easy to continue to invest in this school.
Earn profits back.
The total investment is expected to be similar to that of the Three Gorges Dam, and the Baihetan Hydropower Station will cost at least 20 billion US dollars. Su Yehao dares to consider buying it alone. Although a university costs money, he can indeed afford it easily.
Before the specific plan was made, Su Yehao decided to ask about the land in person.
At this moment.
He crossed his legs and said with a smile:
"I remember that around 1998, I saw news in the newspaper that non-profit groups and schools could acquire land through lease agreements. The land I drew on the map is planned to be invested in three projects in the next twenty years.
100 to 40 billion Hong Kong dollars to build a university similar to Massachusetts and Stanford. The specific plan is still being sorted out. You first tell me which piece of land can be used, and then I can do the planning and design."
The old man sitting opposite him, who was already in his sixties, looked surprised when he heard this and asked:
"Thirty to forty billion Hong Kong dollars, such a big investment? I asked you, how can a young man like you just focus on business all day long, and finally make enough money to start giving back to society?"
"Yeah, but haven't I been giving back? The tax rate in Singapore is so low. I've called my thatched cottage several times, but I haven't agreed to move the global headquarters there. I just want to give back more wealth. I'm very happy after paying the tax.
.There is also the semiconductor industrial park. This industry is thankless and takes up a lot of my working capital. I originally had the opportunity to retire at the age of 21, but I have been working hard until today. Gangcheng Microelectronics has directly provided more than 1,600 high salaries.
Jobs and the tourism industry will benefit countless people."
Su Yehao smiled and added:
"Uncle Chen, my heart is bleeding. I finally gritted my teeth and made a big investment. Whether I can improve the cutting-edge education field in Hong Kong City in the future depends on whether you are happy with the land grant. If I go
In Pengcheng, they might agree to let me recruit students independently, but I still think of you first."
"...Retiring at the age of twenty-one, you can actually say such shameless words. Also, I may not believe it when others say that they were visited by Singaporeans, but when they come to you, I believe it. You
First tell me which piece of land you are interested in, and I will definitely help if you can approve it."
Uncle Chen had just heard that Su Yehao was coming, so he specifically canceled the meeting to meet with him, letting a group of people go.
There is no way, the dignified Prince Hao has so much face now.
With Su Yehao's personality, he rarely attends parties and doesn't like to walk around this office building. Since he is here, it's probably because he has something to do.
However, Uncle Chen had no idea that Su Yehao actually wanted to spend so much money to establish a university. This was of course a great thing in his opinion.
However, the pie falling from the sky is so big that it can easily confuse people.
With a cautious attitude, Uncle Chen still asked tentatively: "Don't you know how to be polite before fighting? You have done something wrong and want to ask me to help you settle it?"
Hearing this, his face was speechless.
Su Yehao told:
"I'm not here to give you anything. I just feel that there aren't enough local talents trained. I'm really doing good deeds. Of course, the allocation cannot be less, and don't charge me for the land. Good steel must be used in
On the blade, I specifically inquired and found out that the average salary for a professor at MIT is more than 180,000 US dollars. Only good teachers can teach outstanding students. It costs money in all aspects."
"It is true that we spend money. The budget of several billions a year is not enough. If I had known, I would have partnered with you to develop the Kai Tak Cyberport. The residential land was sold to you at a low price. Little did I know that land prices would rise again."
"...One code leads to another. The Hong Kong Cyberport land that the Li family was interested in has not been planned yet, right? Don't let my school go to some remote wilderness, students
It’s not convenient to go out for a meal.”
"Master, isn't it true that the further away from the city, the easier it is for them to study? The island is such a big place, and it might be developed into houses in the future. As long as this land is released, the price will not be cheap."
After hearing what Uncle Chen said, Su Yehao shook his head and said:
"If I have the time to argue, I might as well develop my Kai Tak Cyberport. It is an airport in the first place and is easy to plan. There is still some undeveloped land nearby. It would be nice to build a park for me. What's the use of it if it's empty?
Things. Students have a good balance between work and rest. Anyway, if you don’t complete the credits, you won’t get a diploma. The school is close to the sea and close to the city, so it is easy to attract outstanding students, especially students from the mainland. I feel that it is difficult to retain European and American talents.
Local wages are much lower than in places like Silicon Valley."
The land on the west coast of Hong Kong Island is indeed undeveloped and the area is sufficient.
Using the construction of a university as an excuse, the plan was easy to pass, so Uncle Chen thought for a moment and did not refuse directly. He just said: "I want to have a meeting to study it. How much land do you want?"
"Of course, the bigger the better. It plans to accommodate 10,000 teachers and students. Look at the University of Hong Kong where I studied. The dormitories are not enough every year. Students have to rent their own houses off campus. The rents in Sheung Wan and Central are so high that students can afford them.