Enlightenment from Hu Xueyan

Hu Xueyan's image is the richest man in Qing Dynasty. In fact, there are many people who are richer than him, whether it is officialdom or shopping malls. But because his name Hu Qingyutang is a household name, his name has become synonymous with good people.

Red businessman

Hu Xueyan became a business idol mainly to give full play to China's politics and economy, and his return from the government was enormous: in addition to political honors such as yellow jacket and red shirts, the agency of government funds became his main source of low-cost and huge funds.

rich and willful

Hu Xueyan is very high-profile, and jokes about his extravagance and waste have been widely circulated. Hu Xueyan once passed a clothing store and saw a slim girl standing by the door. She looked at it a few times and was noticed by the girl, so she closed the door. This made Hu Xueyan furious, so he sent someone to beg him to be a concubine. The girl's father refused at first, but when Hu Xueyan made an unacceptable price, "I won't refuse", he agreed.

Recover Xinjiang

Hu Xueyan's main backer is Zuo. Hu is actually Zuo's finance minister. Due to the lack of military funds, Zuo was ordered to explore Xinjiang in the west. Under the planning of Hu Xueyan, Zuo persuaded the central government to borrow from foreign banks for six times, totaling 6,543,800 yuan. According to historical records, Hu Xueyan handled all the loans for the Western Expedition. Together, the interest paid to Hu Xueyan was as high as 2,883,300 yuan. For Hu Xueyan, there is no business.

Good people in Hu Da

As a public relations practice, Hu's charitable behavior has attracted countless businessmen to follow suit. In the industry of Hu Xueyan, there is a well-known Hu Qingyutang, which is one of the important evidences that Hu Xueyan is a good man. Because of his inner demand to ban and publish real prices, he often distributed free medicines to the poor and was regarded as a model of charity by later generations.

Surround yourself

It should be said that it is wise for Hu Xueyan to spend a lot of money to hoard materials. However, at that time, most of the funds of Hu Xueyan Bank were borrowed. When the violent financial storm comes, these loans often become unrecoverable bad debts because of Li Hongzhang's black-box operation. Once you encounter a run, you will naturally be at a loss. This should be the real reason for Hu Xueyan's bankruptcy.

Collapse of tall buildings

To the great surprise of the Qing government, Hu Xueyan found that the private money he owed was only122,000 taels. Empress Dowager Cixi was furious and ordered it to be turned into property. A generation of tycoons, so far ruined, the guests disappeared. At this point, Zuo naturally wanted to give Hu Xueyan a hand and helped himself to the top, but he didn't succeed.

Soon, Zuo left his post because of illness, acting as the governor of Liangjiang, and also speaking for Hu Xueyan, but the central authorities still did not let go, and Hu Xueyan died of depression, leaving Hu Xueyan public funds to death.

Ding Yisheng

As the saying goes, three years old looks old, and seven years old looks old. When you are young, you will not look at whether you have talent or what you need to be a genius, but at your virtue, because virtue will accompany you all your life. Hu Xueyan's success lies in relying on people in officialdom, but the essence of businessmen has not been eliminated. He is mercenary and forgets his own righteousness. When there was a run on Fukang Bank in Hu Xueyan, the enemies in Hu Xueyan officialdom took advantage of the situation and dealt a heavy blow to Hu Xueyan.