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Li Hongzhang's grandson Li Zijia: The fate of going from huge wealth to begging has ups and downs
In the long history of China, there are many families that have gone through several generations of ups and downs, and the most embarrassing of them is the family of Li Hongzhang, a heavy minister in the late Qing Dynasty. As an important politician and military strategist in the last years of the Qing Dynasty, Li Hongzhang was in power for a while and had a rich family fortune. However, his descendants have not been able to continue his glory, and the most touching of them is the ups and downs of his grandson Li Zijia's life.
Li Zijia, formerly known as Li Guoxiong, is the grandson of Li Hongzhang and has lived a carefree life under the protection of his grandfather since he was a child. He inherited most of Li Hongzhang's inheritance, including 13,000 acres of leased land and manor-style family property, with a total value of more than 1 billion silver taels. In the social context of the time, this was undoubtedly a huge fortune, enough for Li Zijia to live an extremely luxurious life.
However, Li Zijia did not cherish this family business, but lived a profligate life. He was fond of fun and enjoyment, frequenting casinos and brothels for huge sums of money. At the same time, he has no interest in investment and business, let alone financial management. It didn't take long for his family fortune to be depleted.
The family was backward, and Li Zijia began to try to revive the family business through various means. He tried to invest in the fields of industry and commerce and education, but failed due to his lack of experience and ability. He also tried to make a comeback through political means, but was unsuccessful. Eventually, he was reduced to begging for a living.
In the context of that turbulent era, the ups and downs of Li Zijia's life are not only his personal tragedy, but also a profound reflection on the rise and fall of a family. As Li Hongzhang's grandson, he should have had superior conditions and opportunities, but he failed due to his personal profligacy and poor financial management. His experience reminds us that even if we are in a wealthy family, we should cherish the present, work hard, and be diligent and thrifty in order to be invincible.
Now, when we look back on this period of history, we can't help but feel sorry for Li Zijia's fate. However, the course of history is always full of variables and contingencies. Although Lee was ultimately unable to revive the family business, his story is still deeply revelatory. It reminds us of the importance of cherishing the present, working diligently, being diligent and thrifty, and managing our finances prudently. At the same time, it also reminds us to pay attention to the importance of family inheritance and family education, so as not to repeat the mistakes of the past.
Although Li Zijia's story is over, its impact is far-reaching and long-lasting. We should learn from this and build a solid foundation for our life struggles. At the same time, we should also learn from history and provide useful reference and inspiration for future development.