Financial freedom starts with smiling at life

Jiang Beicheng returned to his alma mater to celebrate its centennial anniversary, donating 100 billion yuan, which had an effect like a nuclear bomb.

What exploded wasn't just a small splash, but a raging storm.

The stadium, packed with 10,000 students and faculty, remained in a state of shock and fear for a long time.

The figure of 10 billion is terrifying.

For students who haven't yet entered the workforce, this is simply a pipe dream.

Before Jiangbei City, the entire Jiangnan University only had one alumnus with a net worth of 10 billion yuan, namely President Tang, who donated 100 million yuan on stage today.

Strictly speaking, Mr. Ren doesn't qualify. Firstly, his wealth is a secret, and secondly, it was only when he returned to the school with Jiang Beicheng that his alumni status was officially confirmed.

Jiang Beicheng donated 10 billion yuan, which is equivalent to creating the only billionaire in the history of Jiangnan University with a net worth of 10 billion yuan.

The students compared Jiang Beicheng and President Tang in their minds and truly felt what a world of difference it meant.

Jiang Shen is no longer Jiang Shen at this point; he is a walking billionaire.

Besides the teachers and students, the media colleagues who came to broadcast and live stream Jiangnan University's centennial celebration today were also deeply moved.

Write the script on the spot.

We must report it immediately.

The number "10 billion" is a traffic bug; anyone who donates that much money will immediately become a topic of public attention.

Moreover, he is a national-level entrepreneur in Jiangbei City.

Lei Jun donated 13 billion yuan to his alma mater last year, which was trending on social media for more than half a month, and many media outlets are still rehashing it to grab attention.

Jiangbei City's 10 billion yuan investment today is likely to monopolize the traffic on internet platforms.

The school leaders below the stage were stunned for a moment, but when they saw Academician Wang and Academician Liu receive the check from Jiang Beicheng, they were all overjoyed and extremely excited.

Jiangnan University suddenly became rich.

Everyone knows that Tsinghua, Peking, and Zhejiang Universities are among the most well-funded universities in China, receiving substantial support from the education authorities. Jiangnan University, a mid-tier 985 university, receives only half, or even a third, of their funding annually.

Leaders are already struggling to raise funds every year.

Just like today, Academician Wang accompanied the mayor on his tour of the school, never leaving his side, all in order to get some more funding from the city.

Now that they have this 10 billion yuan on the platform, the leaders of Jiangnan University no longer need to be mindful of others' opinions.

There's no need to be jealous of other universities anymore.

We can proudly say: Jiangnan University has ample funding.

When the leaders of nearly twenty sister universities at the scene saw this 10 billion yuan, it's no exaggeration to say that they were drooling.

At the same time, I also feel a little regretful.

Jiang Beicheng just paid money to get a Master of Business Administration degree from Jiangnan University, right? Now he's really being tied to the university's famous alumni?

And the amount involved was 10 billion.

This is unique among alumni associations of universities across the country.

Can this be done?
If I had known, I would have invited President Jiang to study for an MBA or PhD at Sichuan University, Fudan University, or other prestigious universities.

Ten billion was easily within reach.

Now all I can do is envy Jiangnan University.

This 10 billion may just be the beginning.

This has left its sister universities somewhat worried, as Jiangnan University might be able to squeeze its way forward with the support of Jiangbei City.

Oh right, and there's also Mr. Ren, and Huawei, which is a huge support. Could it be that Jiangnan University is about to join the ranks of the top universities in China?

Its overall strength currently ranks outside the top 30.

However, as long as there is sufficient funding, attracting talent is very easy, and then teaching and research capabilities will be greatly improved.

The leaders of the sister universities felt that the two leaders from Jiangnan University, Academician Wang and Academician Liu, were invited here today just to show off in front of them.

That 10 billion yuan is so much fun!

The most embarrassed sister university must be Wuhan University. Its president, Academician Zhang, is already ashamed.

Just now, in an effort to save face for Wuhan University and its alumnus Lei Jun, I tried to sow discord between two leaders of Jiangnan University.

To get other universities to follow suit, Jiangbei City wouldn't donate money to Jiangda, so they brought up Lei Zong's donation to Wuhan University to criticize it, even using the unpleasant term "trend," all to save face for themselves.

Who would have thought he was using Lei Jun as a stepping stone to impress everyone?

Now Academician Zhang has become a laughing stock in the eyes of leaders of various universities around him.

Thor and Wuhan University haven't had good reputations lately, and with Jiang Shen's actions today, they're probably going to be crushed online.

Mr. Tang, a well-known alumnus of Jiangnan University, was also in an extremely awkward situation.

The 100 million yuan he donated so generously has gone unnoticed.

If he hadn't made fun of Jiang Beicheng on stage to save face, perhaps the entire faculty and students of the university would still have praised him, even if not as much as Jiang Beicheng, he would still be the kind of alumnus whose reputation would be passed down by word of mouth.

Looking back now, those jokes not only failed to save face for him, but actually made him look foolish.

If he hadn't joined in the uproar with Academician Zhang from Wuhan University and put the leaders of Jiangnan University in a difficult position, he might still have been seen as a highly respected and influential alumnus by the university leaders.

Now all the school leaders are busy getting that 10 billion from Jiangbei City, leaving him only to awkwardly follow Dean Zhang.

The only ones who remained relatively calm at the scene were the city leaders.

The mayor and several department leaders, in particular, were well aware of Jiangbei City's strength.

Having dealt with him frequently, I know Jiang Beicheng's character and personality.

When I saw the 10 billion, my first reaction wasn't shock, but rather guessing that Jiangbei City's 10 billion was probably an "investment" in Jiangda University.

This "investment" is not entirely for obtaining ideal returns, but to a greater extent refers to the goal of building a first-class university and a first-class scientific research base through university-enterprise cooperation.

It is moving in the direction of improving basic science.

Because when President Jiang donated the money, he specifically mentioned the weakness of basic science in China and related issues.

Mr. Ren, who is present today, has also mentioned the topic of basic science development in public.

Sure enough, after everyone recovered from their shock and excitement, Jiang Beicheng gave a general overview of the purpose of the 10 billion yuan.

"...This 10 billion will be jointly managed by the Asset Management Committee of Jiangnan University and the investment company I manage."

It focuses on teaching and research in the field of biomedical research, making up for the teaching and research aspects of Jiangnan University.

At the same time, we will continue to support Jiangnan University's strengths in engineering and strive for even greater achievements.

We hope that the local government and Jiangnan University will work together to build a brand-new world-class university.

He suddenly smiled, looked at the leaders of the other universities in the audience, and joked, "The positions at Shanghai Jiao Tong University and Fudan University are very well arranged today."

The two school leaders were taken aback.

Why was I suddenly called on?

The colleagues around him had already understood Jiang Beicheng's meaning, and in a moment, all the teachers and students in the school understood.

Jiang Shen's intention is to develop Jiangda into one of the top five universities in China.

I was once again plunged into shock.

Isn't this goal a bit too ambitious?
But I was definitely very excited. My alma mater is awesome, and all the students who graduate from here are proud of it.

Once you enter the workforce, whether at work or in life, people will take a second look at you whenever you mention that you graduated from one of the top five universities in the country.

The leaders of Fudan University and Shanghai Jiao Tong University came to their senses, smiled politely, and made no comments, which was considered as giving Mr. Jiang, this wealthy man, some face.

They also didn't try to steal the spotlight from the host university, Jiangnan University's, centennial celebration.

I just muttered those two sentences to myself.

The overall strength of a university does not depend entirely on the strength of its alumni.

Moreover, the 10 billion yuan on stage is not something a top university can "squander" for more than a few years.

The target of 10 billion yuan mentioned by Jiang Beicheng is not enough. (End of Chapter)