English Teacher in China Makes Nearly $2 Million Selling Lessons Online

English Teacher in China Makes Nearly $2 Million Selling Lessons Online

January 12, 2017
Zhu Wei, an English teacher from China who started his own online tutoring company in 2015,has now made nearly $2 million in the midst of the country’s flourishing English-teaching market.
Zhu’s live streaming course includes nine two-hour lessons for 799 yuan ($116) per student.
But after 2,330 people registered for courses online, Zhu raked in 1.86 million yuan ($270,000).
Zhu and his team were able to build five more courses, including languages in Korean and Japanese, earning 11 million yuan ($1.6 million).
Subscribe to
NextShark's Newsletter

A daily dose of Asian America's essential stories, in under 5 minutes.

Get our collection of Asian America's most essential stories to your inbox daily for free.

Unsure? Check out our Newsletter Archive.

A teacher’s income is expected to exceed 20 million yuan,” Zhu told China Daily. “I could not believe it until I myself achieved that goal.
Compare that with a teacher at an elite Shanghai public school who earns 10,000 yuan ($1,449) per month, and a teacher at a private school earning 30,000 yuan ($4,347) a month.
A public school teacher in the U.S. earns about 394,000 yuan ($57,000) a year, while the highest-paid public school teachers in the world are working in Luxembourg, where they make 545,000 yuan ($79,000) annually.
Before Zhu ventured into the world of online education, he was a teacher for 10 years at the New Oriental Education and Technology Group, a top private educational service, and he was an English teacher at a public school prior to that.
According to Shanghaiist, Zhu isn’t the first person to come up with live-streaming his classes for profit.
South Korean math teacher Cha Kil-yong has become a famous multimillionaire with Hagwon, his after school cramming sessions, which prepares students for their college entrance exams.
About 300,000 students take his online classes, priced at $39 for 20 hours. Cha’s business strategy has earned him a whopping 55 million yuan ($8 million) per year, making him one of the highest-paid teachers in the world.
      Khier Casino

      Khier Casino is a contributor at NextShark




      Many people might not know this, but NextShark is a small media startup that runs on no outside funding or loans, and with no paywalls or subscription fees, we rely on help from our community and readers like you.

      Everything you see today is built by Asians, for Asians to help amplify our voices globally and support each other. However, we still face many difficulties in our industry because of our commitment to accessible and informational Asian news coverage.

      We hope you consider making a contribution to NextShark so we can continue to provide you quality journalism that informs, educates, and inspires the Asian community. Even a $1 contribution goes a long way. Thank you for supporting NextShark and our community.

      © 2023 NextShark, Inc. All rights reserved.