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Oct 06, 2024 02:38 PM IST
Bollywood’s richest man is a producer value a staggering $1.55 billion, richer than even Shah Rukh Khan, Karan Johar, and Aditya Chopra.
The movie business is a profitable one, not simply due to the glamour and stardom related to it but in addition as a result of huge quantities of cash it generates. As an example, Hindi movies earned a staggering ₹13161 crore worldwide final 12 months (2023), together with $600 million abroad. This has made the celebrities wealthy and the producers even richer. Nonetheless, surprisingly, just one particular person in all of Bollywood is a greenback billionaire. (Additionally learn: Ronnie Screwvala says Shah Rukh Khan’s Swades deserves a re-release; calls it an ‘evergreen story that impressed folks’)
Bollywood’s solely billionaire and richest man
Movie producer Ronnie Screwvala holds the excellence of being the richest particular person in Bollywood. As per Forbes, Screwvala has a internet value of $1.55 billion (roughly ₹13,000 crore). This makes him the one billionaire related to Hindi movies as nicely. Subsequent to him within the Bollywood wealthy listing is T-Sequence’ Bhushan Kumar, whose internet value is just below a billion. As per Hurun Wealthy Listing, Bhushan’s household’s mixed internet value is $1.2 billion, however there are different stakeholders in that wealth too. Aditya Chopra and Shah Rukh Khan comply with them, with each value over $850 million. Juhi Chawla, who’s India’s richest feminine actor with a internet value of $550 million, rounds up the highest 5.
How Ronnie Screwvala turned a billionaire
Ronnie Screwvala had humble beginnings, together with his first enterprise being a toothbrush manufacturing unit that he arrange within the 1970s. The businessman finally graduated to the cable enterprise with the cable TV growth in India within the early 1980s. In 1990, Screwvala used a capital of ₹37,000 to arrange UTV. Initially a TV manufacturing home, it turned a significant film producer too. UTV produced fan-favourite TV reveals, equivalent to Shanti and Sea Hawks, earlier than shifting to movie manufacturing with titles like Swades, Jodhaa Akbar, Trend, Barfi, and Chennai Categorical.
In 2012, Screwvala bought his share of the corporate to Disney for a billion {dollars}, one of many greatest offers in Indian cinema historical past. He finally based RSVP Motion pictures, a brand new manufacturing home, which has been behind movies like Uri and Kedarnath amongst others.
Ronnie Screwvala’s non-film investments
However Bollywood will not be Ronnie Screwvala’s solely supply of earnings. The entrepreneur additionally has sizable investments in corporations equivalent to pGrad, Usports, and Unliazer, which contribute to his huge wealth. Screwvala was additionally a decide on Shark Tank season 3.
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