A Tencent co-founder takes on education full time

Society & Culture

Charles Yidan Chen, who established the private Wuhan College with the goal of turning it into China’s answer to Stanford University, announced that "his college-education foundation finished its first round of fundraising for its endowment, the first for a private university in China," and is establishing a $7.8 million annual prize for two recipients who make outstanding contributions to the field of education research and development.