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In 2018, Luo Yonghao made a fortune of 30 million yuan by investing in Bitcoin, and he advised his employees to focus on their work and stay away from cryptocurrency trading.
Svmuu reported that according to crypto KOL Ma Siqi's post on platform X, "Here's a little-known fact: besides being both 'Northeast master teachers' at New Oriental alongside Bitcoin OG Li Xiaolai and having private dealings with each other, Luo Yonghao also made over 30 million yuan (RMB) from investing in Bitcoin back in 2018. That year, he even advised the young employees of his company: 'Focus on your work, don't speculate in crypto.'"
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