Not Aamir Khan or Ranbir Kapoor: This A-list actress outsmarts top Bollywood stars in money management; CA reveals
Tired of too many ads?
Remove Ads
Katrina Kaif's Financial Acumen
Aamir Khan's Profit-Sharing Approach
When it comes to managing money in Bollywood, Katrina Kaif stands out as the most financially astute among top stars like Ranbir Kapoor and Aamir Khan. This insight comes from Bimal Parekh, a renowned chartered accountant closely associated with the industry's leading actors.In an interview with The Hollywood Reporter, Bimal Parekh shared his observations about the money management habits of several prominent Bollywood celebrities. He pointed out that Katrina Kaif is notably sharp and actively involved in her financial matters, unlike Ranbir Kapoor and Aamir Khan, whom he described as relatively indifferent to money. Parekh said, 'Katrina Kaif is the sharpest. She takes an interest. Aamir and Ranbir are not that bothered! Then Ritesh Sidhwani and Krishna DK (of Raj-DK director duo) are sharp as well, they understand money.'Parekh's connection with Ranbir Kapoor extends beyond managing his finances; he is also co-owner of Ranbir's football team. Reflecting on the involvement of Ranbir's late father, Rishi Kapoor, Parekh revealed that Rishi had the final say in the team's ownership and insisted that someone from the Kapoor family oversee its operations. According to Parekh, Rishi was open to collaborations but wanted family involvement to ensure proper management.One of the most revealing parts of Parekh's discussion was about Aamir Khan's approach to remuneration. Parekh claims to have been the first to introduce the profit-sharing or backend payment model to Aamir, deviating from the common practice of upfront fees. 'No upfront fee, but profit sharing. This way, Laal Singh Chadha, the studio (Viacom 18) still made money, while Aamir made little,' Parekh explained. He further added that for Dangal, Aamir did earn well from this model. This innovative strategy was introduced when actors typically charged hefty upfront fees.Parekh also recalled a conversation with Aamir in which the actor mentioned he intentionally kept his fees low to avoid causing losses for producers. Surprised, Parekh suggested a better alternative was to forgo fees altogether and take a share of profits on the backend.Aamir Khan himself spoke candidly at the ABP Live summit about his payment policy, stating, 'I never received any money for Laal Singh Chadha as it didn't do well at the box office. I never get paid until the film makes any profit… I don't regret it either. If the film has not worked well, it is on me to take the responsibility for it.' He explained his preference not to charge based on shooting days, unlike some actors who bill by the number of days regardless of a film's success. Aamir emphasized, 'I can't let my producer suffer for my creatives.'
Hashtags
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
Time of India
an hour ago
- Time of India
ICICI sought to acquire HDFC, reveals chairman Deepak Parekh
Former HDFC chairman Deepak Parekh and ICICI Bank chief Chanda Kochhar MUMBAI: Former HDFC chairman Deepak Parekh, in a candid disclosure, said that then ICICI Bank chief Chanda Kochhar had proposed a merger between the two lenders - well before HDFC's eventual reverse merger with its banking subsidiary. During an interaction with Kochhar on her channel, Parekh said: "I remember you talking to me once. I remember it very clearly. It's never been talked about in public, but I'm willing to share it now. You said that ICICI started HDFC. 'Why don't you come back home?' That was your offer." Parekh said he declined the offer, saying "it won't be fair" or "proper with our name and the bank and all". Parekh said the eventual merger with HDFC Bank, completed in July 2023, was driven mainly by regulatory pressure. RBI had classified NBFCs like HDFC, then holding assets over Rs 5 lakh crore, as systemically important, breaching the Rs 50,000-crore threshold. "RBI supported us and they pushed us into it to some extent and they helped us," he said. However, he added that there were "no concessions, no relief, no time, nothing". Describing the day the merger concluded, Parekh called it "a sad day and a happy day". He said, "It's good for the institution. by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like 180k traders turn to IC Markets for optimum CFD trading conditions IC Markets Sign Up Undo It's good for the country to have large banks. Look at how large Chinese banks are. We have to be bigger, larger in India." Parekh believes that Indian banks must grow through acquisitions to become stronger in future. On broader economic concerns, Parekh cited persistent uncertainty in supply chains, trade policy, and export conditions as top CEO concerns. Calling insurance the "least understood product", Parekh criticised "mis-selling by banks" driven by high upfront commissions. Stay informed with the latest business news, updates on bank holidays and public holidays . AI Masterclass for Students. Upskill Young Ones Today!– Join Now
Time of India
2 hours ago
- Time of India
Riteish Deshmukh calls wife Genelia's Sitaare Zameen Par 'Best film of the year'
Actor Riteish Deshmukh has termed wife Genelia D'Souza's "Sitaare Zameen Par" with Aamir Khan as "the best film of the year". The 'Housefull 5' actor penned an appreciation note on his Instagram handle that read, "Please do yourself a favour - go watch the best film of the year! #SitaareZameenPar is not just a movie, it's an experience. It makes you laugh, it makes you cry - and by the time it ends, it leaves you a better human being." "The true 'sitaares' of this film are the children - absolutely phenomenal performances that steal your heart and never let go," he added. Calling Aamir Bollywood's finest actor, he added, "Aamir Khan once again proves why he's one of the finest actors this country has ever seen. His performance is deeply layered, incredibly nuanced, and profoundly moving." Praising his better half, Riteish wrote, "@geneliad is pure magic on screen. She lights up every frame with her presence - her eyes say everything, and I say this not just as a husband, but as a genuine fan of her craft." Sitaare Zameen Par | Song - Shubh Mangalam Giving a shout-out to the director, he went on to share, "@ - take a bow, captain! You've created a film that is beautiful, honest, and timeless." "@divynidhisharma - your words are the soul of this story, beating with empathy and truth. @nikhilkovale - the production design feels lived-in and authentic, grounding the emotion in a world that feels heartbreakingly real. @shankarehsaanloy 's music is pure @aamirkhanproductions," Riteish concluded by praising the technical crew of "Sitaare Zameen Par". Earlier, actress Tisca Chopra, who has been a part of Aamir Khan's "Taare Zameen Par" also showered "Sitaare Zameen Par" with love and admiration. Posting a happy photo with the film's team, Tisca penned on her IG, "What Aamir does, only Aamir does. Had the absolute fortune of watching Sitaare Zameen Par, directed by the immensely talented @ with the entire cast and crew last night.." Lauding Aamir, she added, "Having worked with Aamir on Taare Zameen Par and followed his extraordinary body of work over the years, my admiration for him-as both an actor and a filmmaker-only continues to grow." Released on Friday, "Sitaare Zameen Par" has opened to positive reviews.
Time of India
4 hours ago
- Time of India
Ed Sheeran drops new song 'Drive' From 'F1: The Movie'
Ahead of the opening of Brad Pitt's project ' The Movie', British singer Ed Sheeran has released a new song 'Drive' from the film. Ahead of the opening of Brad Pitt 's project 'F1: The Movie', British singer Ed Sheeran has released a new song 'Drive' from the film. "Drive," produced by John Mayer and Blake Slatkin, features Mayer on guitar alongside Foo Fighters' Dave Grohl on drums, bassist Pino Paladino and keyboardist Rami Jaffee , with additional keyboards and drum programming by Slatkin, as per The Hollywood Reporter. F1: The Album was produced and overseen by Atlantic Records west coast president Kevin Weaver, who also produced Barbie The Album, Twisters: The Album, The Greatest Showman, Suicide Squad, Daisy Jones & The Six and Birds Of Prey soundtracks, along with Atlantic Records' evp and co-head of Pop/Rock A&R, Brandon Davis, and Atlantic Records' svp A&R/marketing, Joseph Khoury. Meanwhile, Ed is basking in the success of his latest song 'Sapphire' that he made in collaboration with Arijit Singh. Sharing what went behind the track, Ed in an Instagram post wrote, "Sapphire was the first song I finished for Play that made me know where the album was heading. It's why I finished the recording process in Goa surrounded by some of the best musicians in India. It was an incredible creative process. I shot the music video with @liampethickphoto and @nicminns across my India tour earlier this year, we wanted to showcase the beauty and breadth of the country and its culture. " He added, "The final jigsaw piece for me was getting @arijitsingh on the record, I'll make a post about that in a few days but it was a journey to get there and such an amazing day of music and family. Me and him have done a full Punjabi version of the song that will come out in the next few weeks, which has a lot more of him on it. This is the album version of the song, and my favourite song on the album. Hope you guys love it. Sapphire out now x. "
