Lucrative Side Businesses for Indian Movie Stars that you didn’t know about
There is no doubt that the popularity and reach of the Indian film industry have grown significantly in recent years. Today, it’s estimated to be worth around $2.83 billion. If expected growth materializes, it could be worth around $4.5 billion by 2021.
Unsurprisingly, the richest actors in the industry, like Shah Rukh Khan, have a net worth of hundreds of millions of dollars. However, this money does not all come from acting. Many Indian movie stars have other business interests that bring in the cash. Here are five notable examples of this.
Twinkle Khanna
Away from her career on the big screen, Twinkle Khanna is a writer. This includes columns that she writes for publications including The Times of India as well as novels such as ‘Mrs Funnybones’, ‘The Legend Of Lakshmi Prasad’ and her latest hit ‘Pyjamas are Forgiving’. This latest novel made her the best-selling female author in India in 2018.
Khanna also founded Tweak India. The venture is a digital content company where women can talk freely about their lives. There is a strong focus on health and well-being as well as living in an eco-friendly manner.
Sunny Leone
Khanna is one female actor who has taken on business interests outside of acting. Another example is Sunny Leone who made the decision to become an ambassador for the JeetWin brand.
She has spoken about how much she has enjoyed the new venture. So far, it seems to have been a success for Leone and for JeetWin.
Shah Rukh Khan
As mentioned earlier in this article, Shah Rukh Khan is one of the wealthiest actors in India. He is often referred to as “King of Bollywood” and “King Khan”. This is hardly surprising given that Khan has starred in more than 80 Bollywood films.
He is also the co-chairman of the Red Chillies Entertainment production company which produces films and provides VFX and animation services for other production companies.
Ajay Devgn
Ajay Devgn is another actor who has set up his own production company, Ajay Devgn Films. He also has a VFX studio.
Away from the world of movies, Devgn joined with the Roha Group to invest money in the Charanaka solar project in Gujarat. The plant first became functional in 2011 and continues to be developed.
Mithun Chakraborty
Chakraborty has taken an interest in hospitality, outside of his original career as an actor. He owns the Monarch group of hotels and has achieved a decent level of success with his business ventures outside of the Indian film industry.
In summary
It’s certainly possible for the top actors in India to make significant amounts of money simply by appearing on the big screen. However, many stars choose to take on business interests away from acting.
Doing this gives them the opportunity to make money and develop earning potential that will still exist when their acting career is at an end.
