Education

Chinese Billionaire Give Education Greatest Gift of All Time

A Chinese billionaire who owns a business in the technology sector offer a gift of education with the greatest value in the world.

The Prize rewards Yidan approximately US $ 8 million or Rp 107 billion (estimated exchange rate of US $ 13 378) per year for two research projects that have the potential to change the face of global education.

Quoted from the BBC, Sunday (22/01/2017), Charles Chen Yidan which is one of the founders of technology companies are looking for Tencent hopes that the prize awarded can increase the research projects of innovative education and many young genersi can imitate him.
Some colleges are very enthusiastic to participate in the educational contest. Some of the leading institutions in the United States (US), such as Harvard and MIT are very enthusiastic and has proposed several nominations.

The prize winner does not need a large educational institutions and the research on an international scale. Local scale projects can win the prize of hundreds of billions.

“During dititu ideas can be offered in other areas, we will give them an award,” said Chen.

To note Chen is now aged 45 years and became one of the richest people in China. He is co-founder of Tencent in 1998. A few years later, in 2013, he resigned the company and focus on being an educational philanthropy.

His interest in education came from his family. His grandmother was illiterate but want and strive to provide good education to his father.

Chen himself took study chemistry at the University of Shenzhen and took a master’s degree in economic law at Nanjing University.

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