logo
Here's how Vivek Oberoi built a ₹1,200 crore empire after being told by his father to be independent: 'I'm rich, you're not'

Here's how Vivek Oberoi built a ₹1,200 crore empire after being told by his father to be independent: 'I'm rich, you're not'

Time of India5 hours ago

made his debut with 'Company' and is known for movies like 'Saathiya', 'Masti' among others. Apart from being an actor, while he's seen in lesser movies now, the actor has now moved to Dubai and is a full time entrepreneur.
Tired of too many ads? go ad free now
His net worth stands at Rs 1200 crore. In an interview recently, the actor spoke about what led to the foundation of his empire and how his father Suresh Oberoi taught him to be independent from a young age.
During a candid chat on the Dubai Property Insider podcast, actor-turned-entrepreneur offered a rare glimpse into the foundation of his business empire. Reflecting on his formative years, Vivek credited his father for instilling a strong sense of business acumen early on.
'He would bring me a product and would ask me to create an entire business plan about how I was going to sell it,' Vivek recalled. 'I started understanding the nuances of business from the age of 10 because I was going from door to door to sell that stuff.'
Vivek revealed that despite coming from a wealthy family, his father was clear about one thing: 'I am a rich man; you are not. You will get there, but you have to do it on your own.'
This tough-love approach shaped Vivek's teenage years in ways that set him apart from his peers. While most teens were busy enjoying school life, he was deep-diving into the intricacies of the stock market. 'I was able to raise $3 million for my first company, and I was only 19, and I made a lot of money for my investors and myself, and I sold the company by the time I was 23,' he said. 'If I hadn't been applying myself for all those years, it never would have been possible.
Tired of too many ads? go ad free now
Because I put in that work, now I have been able to take nine companies public on the Indian stock market, and I am planning to take four more.'
As per Forbes India, Vivek Oberoi's net worth stood at ₹1,200 crore as of April 2025. His portfolio boasts an eclectic mix of ventures, including BNW Real Estate, Solitario, Impresario Global, Rutland Square Spirits, and ReadyAssist.
While many remember him for his breakout role in Ram Gopal Varma's Company (2002) and the romantic hit Saathiya the same year, Vivek has since carved a parallel path as a sharp and self-made businessman.

Orange background

Try Our AI Features

Explore what Daily8 AI can do for you:

Comments

No comments yet...

Related Articles

Raj Kundra: Shilpa stood by me even when it would've been easier to walk away
Raj Kundra: Shilpa stood by me even when it would've been easier to walk away

Time of India

time21 minutes ago

  • Time of India

Raj Kundra: Shilpa stood by me even when it would've been easier to walk away

Recently evicted from The Traitors, , at a press meet for the reality show, laughed about playing the 'nepo-husband' card. Married to actress , Raj appeared completely at ease with his wife's celeb status. Tired of too many ads? go ad free now Speaking to Bombay Times about the male ego and power dynamics in celebrity relationships, Raj said, 'I say it with pride — Shilpa's success is our success. I've never been insecure about her spotlight. If anything, it inspires me. Real strength in a man comes from being secure enough to lift others — especially your partner — without feeling smaller in the process. That's not ego-less, that's evolved love.' 'There was anger, hurt and confusion, but also deep self-reflection' Over the last few years, Raj has faced legal and public scrutiny. In July 2021, he was arrested by the Mumbai Police for allegedly producing and distributing adult content via an app. He spent 63 days in Arthur Road Jail before being granted bail in September 2021. Reflecting on that period, he shared, 'Those were some of the darkest times of my life. There was anger, hurt and confusion, but also deep self-reflection. I could've let that chapter define me, but I chose instead to learn from it. The truth has its own timeline, and I've made peace with that. My focus now is to move forward with clarity, creativity and courage.' Raj Kundra 'My kids gave me reason to smile when I felt like disappearing' Raj's legal battle is far from over. While he remains out on bail, the case is still under trial. The Enforcement Directorate (ED) is also investigating him for alleged money laundering and has reportedly attached assets worth nearly Rs 98 crore. Tired of too many ads? go ad free now Such a phase, he says, tests every bond in his life. 'Some friendships vanished overnight, others got stronger than ever. But the real pain was watching my loved ones suffer because of my headlines. That guilt stays with you. And yet, the love they gave me during that storm is what saved me. You realise who your tribe is, and you never take them for granted again,' he said, adding, 'Shilpa stood by me with grace and resilience, even when it would've been easier to walk away. My kids gave me reason to smile when I felt like disappearing. That kind of unconditional support rewires your soul.' The businessman, who is also dabbling in acting, will be seen in the Punjabi film Mehar. Talking about wanting to be a part of compelling content, he said, 'I'm not chasing stardom — I'm chasing stories.'

Vivek Agnihotri reveals John Abraham and Bipasha Basu's breakup made Dhan Dhana Dhan Goal shoot challenging: '... there were a lot of problems that happened'
Vivek Agnihotri reveals John Abraham and Bipasha Basu's breakup made Dhan Dhana Dhan Goal shoot challenging: '... there were a lot of problems that happened'

Time of India

time22 minutes ago

  • Time of India

Vivek Agnihotri reveals John Abraham and Bipasha Basu's breakup made Dhan Dhana Dhan Goal shoot challenging: '... there were a lot of problems that happened'

Vivek Agnihotri revealed the troubled making of 'Dhan Dhana Dhan Goal,' citing creative clashes with Anurag Kashyap and UTV's team. He highlighted John Abraham's casting due to Kashyap's influence and the challenges of filming football scenes. Agnihotri also criticized the industry's star-driven system and actors' influence on decisions, questioning high fees for limited performance. Filmmaker Vivek Agnihotri has opened up about the behind-the-scenes drama of his 2007 sports drama Dhan Dhana Dhan Goal, revealing how a mix of personal conflicts, creative clashes, and casting challenges made the film's journey turbulent. From tensions with Anurag Kashyap to John Abraham and Bipasha Basu 's breakup during the shoot, Vivek didn't hold back as he revisited the hurdles that plagued the project—while also taking pointed digs at the Bollywood system and its over-reliance on star power. When asked by Dainik Bhaskar about what went wrong with Dhan Dhana Dhan Goal, Vivek pointed to a lack of clarity around creative roles. He claimed that UTV, the film's producers, didn't fully recognize him as the writer, and that their team seemed more taken with Anurag Kashyap, despite it not being Anurag's project from the start. Vivek also suggested that Anurag was dealing with personal issues at the time and mentioned that writing had been underway in India for over a year before the film was shot in London. The filmmaker explained that John Abraham joined Dhan Dhana Dhan Goal primarily because of Anurag Kashyap, and throughout the project, John only discussed the script with Anurag, not with him. He also said that even UTV executives preferred communicating with Anurag. by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like Giao dịch CFD với công nghệ và tốc độ tốt hơn IC Markets Đăng ký Undo However, Vivek claimed that the writing team failed to deliver, prompting him to bring in someone else to rewrite and properly format the script, which he felt lacked structure. Despite the issues, he emphasized that he still holds respect for both Anurag and Vikramaditya Motwane as writers. He also took a dig at Anurag Kashyap, claiming that one of his biggest issues is that he talks excessively and often says things he doesn't remember later, especially when under the influence. He alleged that Anurag has apologized to him multiple times in the past and suggested that while both of them speak their truths, Anurag tends to retract his words later with an apology. Vivek reflected on Dhan Dhana Dhan Goal, noting that although the film was well-received in 2007 and had popular music, it was plagued with challenges. He revealed that John Abraham and Bipasha Basu's breakup during the shoot made things especially tough for him. Without directly naming John, Vivek criticized the film industry's stardom-driven system, implying frustration with actors influencing key decisions despite what he called their limited competence—ranging from marketing to poster placements. The director further shared that John Abraham was cast in Dhan Dhana Dhan Goal largely because of his image as a football enthusiast, which everyone thought made him a natural fit for the role. While Vivek had no objection to John's casting, he noted that during the shoot, actors like Arshad Warsi and Raj Zutshi had visibly improved their football skills thanks to extensive training—something he felt John lacked. As a result, many of John's football scenes had to be filmed by separately capturing his face and feet to make the action look convincing. He also criticized actors who ask for their dialogues to be shortened, questioning why they accept high fees if they can't deliver basic performance requirements like speaking a few lines fluently. He argued that producers should reconsider paying crores to actors who fail to bring real value to a project. Vivek Agnihotri is currently promoting his next film The Bengal Files.

Centre flags possible tax evasion as Indian funds in Swiss banks triple to Rs 38,000 crore
Centre flags possible tax evasion as Indian funds in Swiss banks triple to Rs 38,000 crore

New Indian Express

time23 minutes ago

  • New Indian Express

Centre flags possible tax evasion as Indian funds in Swiss banks triple to Rs 38,000 crore

Amid reports that Indian funds in Swiss banks tripled to Rs 38,000 crore in 2024, the Centre said it is closely monitoring possible tax evasion, leveraging various information exchange mechanisms with Switzerland on foreign assets and income. In a statement issued on Friday, the finance ministry said that India regularly receives information about such foreign accounts and assets from 100+ tax jurisdictions, including Switzerland. It further said that Switzerland has been providing annual financial information about Indian residents since 2018 under the Automatic Exchange of Information (AEOI) framework. The first data transmission to Indian authorities occurred in September 2019, and the exchange has continued regularly since then, covering even those accounts suspected of involvement in financial irregularities. According to a Swiss National Bank report, money parked by Indians in Swiss banks more than tripled in 2024, reaching 3.54 billion Swiss francs, or Rs 37,600 crore. Elaborating the mechanism to check tax evasion, the finance ministry has said that the tax department regularly undertakes a systematic review of data so received and identifies taxpayers, whose cases require further verification.

DOWNLOAD THE APP

Get Started Now: Download the App

Ready to dive into a world of global content with local flavor? Download Daily8 app today from your preferred app store and start exploring.
app-storeplay-store