Bollywood: Celebrities Who Went To Faced Near-Bankrupt
Bollywood celebrities put in a lot of effort to maintain their luxurious lives. However, a single blunder could result in a bankrupt! Here are some of the most well-known Bollywood stars who have gone near-bankrupt either due to their poor financial decision or lack of work.
The Shahenshah of Indian cinema was broken in the year 2000. Amitabh Bachchan Corporation Limited, which was established to make films and oversee events, was responsible for the financial calamity. Bachchan has also mortgaged his Prateeksha mansion to Sahara India Finance. ABCL declared bankruptcy, owing approximately Rs. 90 crore in debt. In an interview, he confessed, “In the year 2000, when the entire world was celebrating the new century, I was celebrating my disastrous fortune. There were no films, no money, no company, a million legal cases against the company and the tax authorities had put notice of recovery on my home.”
Following that, he hosted the highly successful show “Kaun Banega Crorepati,” which returned him to his old place.
Shah Rukh Khan
Following his amazing career, Bollywood’s King Khan ran into financial difficulties when his production film ‘Ra. One bombed at the box office. For ‘Ra. One,’ his production company Red Chillies Entertainment spent around 130 crores.
SRK is said to have signed blank checks during the filming of this movie. However, the actor rebounded with further successes.
Govinda was a victim of changing times, and he ended himself in a lot of debt as a result of his inability to get films in the long run. On the other hand, Govinda weathered the storm with the support of his friend and superstar Salman Khan. when Salman offered him the film “Partner.”
Govinda is also reported to have said that he even didn’t have enough money to pay for a rickshaw ride because of his losses.
One of the cutest beauties in Bollywood Preity Zinta experienced financial difficulty following the failure of her first production project, “Ishkq in Paris.”
Preity has been charged with non-payment of dues by writer-director Abbas Tyrewala. To pay her dues, the actress was reportedly compelled to rent out her residence. Later Salman Khan, a close friend, and superstar, eventually came to her rescue and helped her get out of the problem.
Abhay Deol spent all of his savings on the film “One By Two” in 2014. The movie has made around 21 crores INR approx, although it was not well-liked by the audience. Due to a lack of response, Abhay lost all of his money. He had to sell his own residence to repay the loan after this disastrous failure.
He was one of the great actors or also known as a Showman of Hindi Cinema. He had a close brush with bankruptcy during the making of ‘ Mera Naam Joker ‘.
In 1970, he produced, directed, and starred in ‘ Mera Naam Joker ‘, an extremely large project, that took more than six years to complete. However, when it was released, the movie was a box office flop, putting Raj and his family in financial distress. The failure of this picture nearly bankrupted RK Studios.
Akshay is one of the richest successful actors in Bollywood yet. He holds the top position and is the highest taxpayer actor among top actors from the last few years. His name is listed in Forbes.
But the years 2009 to 2011 were terribly challenging for him, as he had back-to-back box-office flops. During this time, he only had two hits out of a total of 12 films.
He stated in an interview that he had a lot of projects after so many flops, but they weren’t enough to make a comeback.
He had not been in any sort of financial trouble, but he was extremely frustrated at the time. Finally, in 2012, Sajid Khan’s directorial “HOUSEFULL 2” bring him in the previous place, and it was his first 100 crores super-hit film. Then ‘Rowdy Rathore’ was another Blockbuster movie and so on.