Li Zhaohui’s tens of billions of debts were auctioned, and no one wanted as little as 10% off. Netizen: Jin Chan escaped

There is a saying in

that “the rich is not for three generations”, but today, the rich may not be able to pass the second generation. Li Zhaohui, 39 this year, became the youngest and richest man in Shanxi after he took over his father’s career at the age of 22. He was accused of having two marriages and his wife was a female star.



But he lost all his fortune within 10 years and was heavily indebted. When his 2.2 billion debt assets were sold forcibly, they were hit below 10% and no one cared.



Recently, the Ali Judicial Auction Platform showed that Li Zhaohui owns the accounts receivable and dividend claims of five companies worth 2.2 billion yuan, which were forcibly auctioned on the 9th of this month. After being appraised by the auction house, it was rated as worth only 140 million yuan, but the auction still failed for 4 consecutive auctions.



Finally, the auction house lowered the value of these assets to only 60 million yuan, which was only 2.7% of the original value, not even a 10% discount. As of yesterday, there was still no bid.



Many netizens said with emotion that the rise and fall of private companies or wealthy families can be seen from Li Zhaohui, which is more beautiful than TV primetime soap giants.



In fact, the first half of Li Zhaohui's life was indeed full of drama. Li Zhaohui's father, Li Haicang, started from scratch and founded the Haixin Group, the largest private enterprise in Shanxi Province.



In January 2003, Li Haicang was shot to death with a self-made shotgun in his office. The suspect committed suicide on the spot. After the incident, there were divergent opinions on the reasons for Li Haicang's death. It has been pointed out that the murder involved land disputes, extortion, and even personal grievances.



Li Zhaohui, who was only 22 years old at the time and studied in Melbourne, Australia, immediately returned to China to take over the family business. At the beginning, he managed the company very well, and rolled out 12.5 billion yuan in assets of 4 billion left by his father in two years, and he became the youngest and richest man in Shanxi.



In addition to undertaking the cement, steel, real estate and other businesses left by his father, Li Zhaohui will also expand his business territory to children's playgrounds, medicine and clothing. Li Zhaohui successively invested 72 million yuan to build 13 residential buildings and 31 small villas for employees, and gave 3.47 million yuan to reward outstanding talents, awarding 10 "Passat" cars at a time, creating a provincial and even national private enterprise employee reward The first of its kind.



Since becoming a man in the business world, Li Zhaohui's love life has also attracted attention from the outside world. He married actress Che Xiao in 2010, and he did not hesitate to spend a lot of money on the wedding that day.



opened 500 tables that year, more than 200 ceremonial cars, more than 10,000 employees of the steel plant were invited to the wedding, and each received a RMB 500 red envelope. The luxury level is known as "comparable to the Spring Festival Gala."



Che Xiao, who was born in 1982, was only a second- and third-line actress of Huayi Company. The most famous role is the "sexually cold girl" who blinded Ge You in "If You Are the One".



However, the business of Haixin Group has gone from bad to worse since 2013, and it has begun to take a lot of loans. The family members who had held important positions in the group also left the company before 2010. At this time, Li Zhaohui was basically betrayed.



Subsequently, it is rumored that Li Zhao will divorce Che Xiao, and then married another actress Cheng Yuanyuan.At the time, it was revealed that the two divorced because Li Zhaohui was dating Cheng Yuanyuan, and spent tens of millions to win the female number one in "Golden Robbery" for Xinhuan.



However, Che Xiao responded that the separation from her ex-husband was because of a disagreement. As for Li Zhao after separation, it would be normal for him to have new contacts. Regarding the 300 million yuan breakup fee, Che Xiao said helplessly, "I don't know how to spend it if you give it to me."



In March 2014, Haixin Group was forced to completely suspend production due to factors such as overcapacity in the steel industry and market downturn. At the same time, many banks filed complaints with the court for failing to collect debts. In the end, the group was ruled bankrupt by the court, and Beijing Jianlong Group took over and reorganized and changed its name to Shanxi Jianlong Industrial.



According to reports, Li Zhaohui has been involved in more than 200 lawsuits, and the debt disputes he faces have exceeded 1 billion yuan. Many Beijing properties under his name were also auctioned off by the court.



At the end of 2017, the Shanghai Higher People’s Court released a message that the 216 million yuan guaranteed for his sister Li Zhaoxia’s company was bankrupted. The creditor changed to Li Zhaohui to sue but he was also bankrupt. The court announced that “there is no assets in his name to enforce”. It restricts exit.



Many netizens will question, Li Zhao will be so miserable, his star wife will be even worse? In fact, Cheng Yuanyuan has been defending her rights since 2014. She once said: "I should really have this money. I don't have to work hard every day."



The scandals of Lee Zhaohui have caused a lot of trouble for her for many years. Even if she tries to be herself, she will still be pointed out. .



In 2018, Cheng Yuanyuan finally succeeded in defending her rights. She denied being a third party and even married Li Zhaohui. Therefore, Li Zhaohui and Cheng Yuanyuan do not have a marriage relationship, and naturally they will not be affected by the bankruptcy of Li Zhaohui.



. As the youngest "Shanxi's richest man", Li Zhaohui now consults the information on the China Enforcement Information Disclosure Network and finds that he has been included in the "National List of Dishonest Enforcement Persons" and "Consumer Restricted Persons List" more than 10 times. In other words, He has gone bankrupt in good faith. Now he has no property to execute in his name, and he has completely become an "old man".



However, there are some netizens who think: "The skinny camel is bigger than the horse, maybe the assets have been transferred abroad."



and netizens bluntly said: "Don't look down on him. I can't finish it."



In fact, in recent years, there have been rumours that Li Zhaohui has already started other businesses and even has a place on a live web platform. But he is a very mysterious figure. Reports about him are usually his "roller coaster" life. There are very few reports about his "miserable" life. Perhaps as netizens said, maybe his life is pretty good now.