How Did Amitabh Bachchan Build His Financial Empire?
Amitabh Bachchan, one of Bollywood’s most acclaimed actors and businesspeople alike, is celebrated both for his cinematic prowess as an icon, but also as a keen businessperson who has managed to build up an extensive financial portfolio beyond silver screen acting roles. Now celebrating another year as Amitabh has amassed a net worth estimated at Rs 3,190 crore – testament to both his business acumen and lasting appeal!
What Businesses Does Amitabh Bachchan Own?
Amitabh Bachchan has embarked upon one of his significant business endeavors through Amitabh Bachchan Corporation Ltd (ABCL), established in 1994. ABCL provides event management, production and distribution. It has been involved in producing films like ‘Mrityudata’ (1997) and ‘Major Saab’ (1998), as well as organizing high-profile events like Miss World 1996. This diversification into the entertainment business extends Bachchan’s influence beyond acting, showcasing his versatility and business foresight.
How Much Does Amitabh Bachchan Earn from Endorsements?
Endorsements form a significant part of Amitabh Bachchan’s income. His widespread fame and credibility make him a preferred choice for many brands, commanding fees between Rs 5-8 crore per endorsement. Representing a range of products from Cadbury to Pepsi, he demonstrates a unique ability to appeal to a diverse consumer base, enhancing the value of the brands he endorses.
What About Amitabh Bachchan’s Investments in Real Estate?
Real estate investments are another cornerstone of Bachchan’s financial portfolio. Owning five bungalows in Mumbai and several properties globally, he cleverly leverages these assets, renting some of them out. For instance, one of his duplexes in Mumbai is rented to actress Kriti Sanon for Rs 10 lakh per month, and a Juhu property leased to the State Bank of India. These investments not only provide a steady income but also reflect his strategic foresight in property investment.
How Has Amitabh Bachchan Diversified His Investments?
Bachchan has also diversified his investments into various businesses. In 2013, he bought a 10% stake in Just Dial and invested in other companies like Stampede Capital and Meridian Tech. Additionally, his family’s investment in Ziddu.com, a cloud storage firm, signifies his willingness to invest in technology and modern business models.
What Role Does Television Play in Amitabh Bachchan’s Income?
Television has been another lucrative income source for Bachchan. Hosting the famous quiz show “Kaun Banega Crorepati” for over two decades, he reportedly earns around Rs 4-5 crore per episode in the latest season. His association with television extends to hosting the third season of Bigg Boss, further diversifying his income streams.
What’s Unique About Amitabh Bachchan’s Investment in Sports?
In 2015, Bachchan ventured into sports by co-owning the Singapore Slammers tennis team in the International Premier Tennis League. This investment reflects his interest in sports and willingness to explore unconventional business avenues.
How Is Amitabh Bachchan Involved in the NFT Market?
Exploring newer territories, Bachchan was one of the first actors to venture into Non-fungible tokens (NFTs). His NFT collection, including vintage posters and his father’s famous poem ‘Madhushala,’ was sold for approximately Rs 7.18 crore in 2021. This move into the digital asset space signifies his adaptability and foresight in emerging markets.
What Are Amitabh Bachchan’s Fees for Film Projects?
Despite his diverse income sources, acting remains a significant income generator for Bachchan. Charging around Rs 6 crore per movie, with recent increases for projects like ‘Brahmastra,’ his acting fees contribute substantially to his net worth.