It is said that storing money is one of the biggest challenges that a person can face. Even if you earn ransom of money, saving them is a big deal. If you think that celebrities do not get bankrupt then perish the thought.
Earning money in Bollywood is not difficult, but saving them and investing them in the right thing is very difficult. Sometimes even these smart Bollywood celebrities have made mistakes and went bankrupt for a span of time.
One of the classic examples of a celebrity bankruptcy is of Amitabh Bachchan. The superstar of Bollywood's company ‘ABCL' went bankrupt and was over 90 crore in debt. The debt was so heavy that Big B who is considered the emperor of Bollywood had to put reportedly put his bungalow, Prateeksha, for mortgage. When he was offered ‘Kaun Banega Crorepati, Amitabh Bachchan recovered from the debt. Now with God's grace, Big B is back with a bang!
The recent buzz of a Bollywood celebrity who went bankrupt is of Preity Zinta. After her disastrous production Ishqq in Paris, rumours have spread that Preity Zinta is suffering from a lot of financial crisis. Even writer-director of Ishqq in Paris, Abbas Tyrewala has reportedly filed a case against the actress for non-payment of dues.
Here are some of the Bollywood actors who have gone bankrupt and how some emerged stronger and better.
Amitabh suffered a bankruptcy when his company ‘ABCL' went bankrupt and was over 90 crores in debt. When he was offered ‘Kaun Banega Crorepati, Amitabh Bachchan recovered from the debt. Now with God's grace, Big B is back with a bang!
SRK had to break his accounts to make his expensive dream film, Ra.One. However, the movie fared well and SRK could fill his empty accounts and prevent himself from getting bankrupt.
In 2008, Jackie loaned money from filmmaker Sajid Nadiawala but could not pay him back. Sajid wanted to proceed the legal route to get back his money. It was the humble friend Salman who had to intervene to resolve the bankruptcy state of Jackie Shroff. It was even rumoured that Jackie sold his flats to pay the loan amount.
After working in blockbuster hit films like Sholay, the legendary actor went bankrupt to such and extent that the 95-year-old actor could not even pay his medical bills. Jaya Bachchan and helpful Salman Khan came down to help the actor.