 "Meet Bollywood’s richest man and only billionaire, once sold toothbrushes, now richer than Shah Rukh, Salman combined")
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There is only one billionaire in Bollywood, a filmmaker who once made toothbrush and is now richer than all three Khans and Aditya Chopra
The Indian leisure business is a affluent one. Each yr, many movies launch throughout languages, earnings tons of of crores, and making producers and financers richer and richer. While stars do rake within the moolah courtesy their job to promote the movie with their recognition, the richest folks in any leisure business are the studio heads and producers. The richest man in Bollywood isn’t any totally different.
Bollywood’s richest man and only billionaire
Ronnie Screwvala, the pinnacle of RSVP Movies and former head of UTV, is the richest individual in Bollywood. As per Forbes, Screwvala’s web value is an estimated $1.55 billion (Rs 12800 crore), making him the only billionaire within the Hindi movie business. Nobody else in Bollywood is any match for Screwvala. Aditya Chopra, for example, is value round $850 million. Even the combined wealth of the 2 most profitable Bollywood stars – Shah Rukh Khan and Salman Khan – comes out to $1.2 billion, nonetheless much less than Screwvala.
How Ronnie Screwvala made his billions
Screwvala initially began as a toothbrush producer. He arrange his personal plant to make toothbrushes within the 70s earlier than occurring to to arrange a cable TV enterprise in 1981. This marked his first entry within the leisure world. In 1990, with an funding of simply Rs 37,000, he based UTV, which finally turned a significant tv producer. In the 90s, UTV made hit TV exhibits like Shanti and Sea Hawks. The firm finally additionally moved to movie manufacturing with memorable outings like Swades, Jodhaa Akbar, Fashion, Barfi, Chennai Express and many extra. In 2012, Screwvala sold his share of the corporate to Disney for over a billion {dollars}. Two years later, the entrepreneur based RSVP Movies, which has produced movies like Uri and Kedarnath amongst others.
Ronnie Screwvala’s different enterprise pursuits
However, movies should not the only supply of revenue for the 61 year-old. In truth, it isn’t even the most important one for him. His investments in a number of worthwhile companies like UpGrad, Usports, and Unliazer contribute closely to his wealth. Over the previous few years, Screwvala has been named amongst India’s most influential and highly effective folks by publications resembling Time, Esquire, and Fortune.
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