Meet only billionaire in Bollywood, much richer than Amitabh Bachchan, Shah Rukh, Salman Khan, Hrithik Roshan, Akshay, his source of income is…
A few directors, like Karan Johar, have amassed film empires, while certain Bollywood performers make over Rs 100 crore every movie. Despite this, out of all these well-known superstars in the Hindi entertainment sector, there is only one millionaire, and he is not an actor or a director. Yes, you read that right! He is a movie producer and entrepreneur who is wealthier than all of them together.
The largest stars are not even close to Ronnie Screwvala’s Rs 13000 crore net worth, which surpasses those of other producers like Aditya Chopra and Karan Johar (all between Rs 3000-7000 crore). DNA and publicly available data show that he is wealthy enough to surpass the combined fortune of Shah Rukh Khan (Rs 6600 crore), Salman Khan (Rs 3000 crore), and Aamir Khan (Rs 1900 crore).
Ronnie Screwvala began his career by founding Lazer Brushes, a toothbrush manufacturing company, before entering the entertainment industry. He is renowned for having played a part in the expansion of cable TV throughout the nation.
A portion of Ronnie Screwvala’s enormous income stems from his work in films, particularly from the now-defunct UTV Films, which he founded in 1990. Did you know he founded UTV Films with an initial investment of just Rs 37,500? Following its sale to Walt Disney for $454 million, or roughly Rs 3,750 crore. He founded RSVP Movies, a prestigious Bollywood production firm. Under his production labels RSVP Movies and the now-defunct UTV Films, Screwvala has produced several films during his career. Some of his major works are Sam Bahadur, Uri: The Surgical Strike, Kedarnath, Chennai Express, Jodhaa Akbar and many more.
However, Ronnie Screwvala’s money is primarily derived from sources other than his work in films. He invested in large corporations like UpGrad, Usports, and Unliazer to supplement his income from the Bollywood film industry.
Ronnie Screwvala and his wife Zarina Screwvala formed The Swades Foundation, which works to uplift the underprivileged elements of society. Additionally, the organization strives to enhance the Raigad district of Maharashtra’s water, sanitation, health, and education systems.