After Sheng Xuanhuai's death, his third wife, Zhuang Yuyu, held a grand funeral for him and spent 302,000 silver. On the same day, the funeral procession marched from Wujiang Road to the Bund. In order to maintain order, the concession even controlled traffic around it.

Sheng Xuanhuai left a wealth of11.62 million silver to future generations. At present, this property is worth at least billions or even billions of yuan. Sheng Xuanhuai is well aware of the truth that "three generations are not rich" and has put a lot of brains into how to distribute the inheritance. He knew that if he distributed all this wealth to his children and grandchildren, a group of playboys would be born, and they would soon live in an empty land. Therefore, Sheng Xuanhuai adopted the common practice of foreign rich people, and in his will, he distributed half of his property to his descendants, while the other half set up a "humble village" to help the poor families of the Sheng clan and support social charity.

In order to put the will in place, Sheng Xuanhuai appointed Li, the eldest son of benefactor Li Hongzhang, as the executive supervisor. Under the supervision of Li, Sheng Xuanhuai's will was carried out, and about 5.8 million taels of silver, half of which was 1 1.6 million taels, was injected into "Yuzhai Yizhuang". Among them, 40% are charitable funds, 40% are Asheng's provident fund, and 20% are used by Shengjia. The other half is shared equally by the five grandsons of the Sheng family, and the inheritance from each room is 1 162000 two silver.

"Yuzhai Yizhuang" became the first charitable trust in modern China.

Objectively speaking, Sheng Xuanhuai's will distribution scheme was well thought out, which not only safeguarded the interests of the Sheng family, but also supported social charity, so it was widely praised. 192 1 year, the Beiyang government also issued a commendation order to Shengjia.

However, during the Republic of China, criminal law, civil law and commercial law were not formulated, and there were no laws and regulations such as charity law and trust law to protect charity. Therefore, it is doomed that "Zhai Yi Zhuang Yi" will not go further.

In the 1920s, with the death of Zhuang Yuyu, the Nanjing government of the Kuomintang, which had long been eyeing "Yuzhai Yizhuang", took advantage of the fire to rob, and proposed to take out 40% of the total assets of "Yuzhai Yizhuang" as "funds to fight bandits". When children in Sheng Xuanhuai saw this scene, they immediately proposed to simply divide this "stupid Zhai Yizhuang". In the end, the remaining 3.5 million taels of silver were divided up for the second time by Sheng Jiawu as Sheng Xuanhuai's legacy.

Prior to this, only men in the Sheng family were qualified to distribute the inheritance, while women had no right to distribute the inheritance. However, in 1927, the national government passed the resolution of the women's movement, stipulating that unmarried women could participate in the distribution of inheritance. Therefore, Sheng Xuanhuai's daughter was encouraged to participate in the distribution of the inheritance. 1928, Miss Qi Sheng Aiyi took her three brothers and two nephews to court and got 502,000 silver.

Encouraged by Sheng Aiyi, the women of Sister Sheng and Sheng Jia went into battle one after another, engaged in lawsuits with men, and carved up Sheng Xuanhuai's legacy neatly.

Carnegie once said, "Leaving his son a universal gold dollar is tantamount to leaving him a curse." Sheng Xuanhuai's children and grandchildren, after being assigned a huge fortune, live a luxurious and luxurious life.

Everyone is familiar with Sheng Ian, the fourth son of Sheng Xuanhuai. Among the descendants of Sheng Xuanhuai, he was the first to put forward the distribution of "stupid village". Sheng is also a famous "black sheep", eating, drinking, whoring and gambling. He is addicted to gambling. Once in a casino, he lost more than 65,438,000 pounds overnight by Lu, the son of the governor of Zhejiang Province.

Men are like this, women are elegant.

The aforementioned Miss Qi, Sheng Aiyi, once fell in love with a secretary in the Shanghai office of Hanyeping Company. However, their marriage was rejected by Zhuang Yuyu. Sheng Aiyi didn't want to elope with her secretary, so she took out a Jin Yezi and gave it to him. Later, the secretary became a senior official. Sheng Aiyi said: "He is a high-ranking official with a prosperous spring breeze. Why should I curry favor with him? " But then again, he hasn't returned my Jin Yezi. "

Sheng Aiyi is a rich woman who knows nothing about investment and business. After she got the Sheng Xuanhuai legacy, she opened a luxurious ballroom in Shanghai. But at that time, Shanghainese were not used to this luxurious ballroom, and business was very light. It didn't take long for it to go bankrupt.

"Black sheep" never ends well. How can the descendants of Sheng Xuanhuai be an exception?

Sheng Xuanhuai's fourth son, Sheng Yi 'an, died in the garden that used to be his home on 1958 after losing his share of the inheritance. Sheng, the fifth son of Sheng Xuanhuai, sold his last house to Yung Wing-san before 1949 and died on 1960.

Before 1949, Sheng Xuanhuai's descendants had completely lost this billion-dollar property, saying that it was "as clean as throwing a bird into a forest and landing on a piece of white land".