7 Bollywood Celebrities Who Went Bankrupt

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Updated on 1 May, 2015 at 6:01 pm


We carry a generic notion about Bollywood actors leading a lavish style. But what we fail to realize is that they also face money woes – which run in crores. Here is a look at some renowned stars who prove that all you see is not hunky dory.

1. Amitabh Bachchan

The most popular actor Bollywood has witnessed suffered a major blow when his company ABCL declared bankruptcy and was over 90 crores in debt. As a result of this, he had to even put his bungalow, Prateeksha, for mortgage. Thanks to his successful stint with KBC, there has been no looking back for him since then.

2. Jackie Shroff

This once-successful actor had to face the brunt of failure when his career was not sailing smoothly. In 2008, he had to take a loan from Sajid Nadiawala, which he was unable to pay in subsequent years. As a result, Sajid even sought taking legal action to recover the due amount. However, Salman Khan’s intervention saved Jackie from further dismay and he eventually sold off his flats to pay off the loan.

3. A K Hangal


Remembered for his popular dialogue: ‘Itna sannatta kyu hain bhai’, the actor went bankrupt and as a result could not even afford his medical expenditure. Following a media spotlight on his condition, many fellow actors decided to intervene and offered financial help.

4. Shweta Basu Prasad

Known for her award winning performance in the movie ‘Makdee’, Shweta saw glory only in her childhood. The actor who is now 23 years old was caught in a sex racket, a step she supposedly took after running out of money. Though all claims were later declined, it definitely surprised the industry.

5. Bharat Bhushan

A veteran actor who worked opposite Nutan, Madhubala and Meena Kumari was left bankrupt in the later years of his life. He is most popularly known for his movie ‘Baiju Bawra’ but lost all his wealth to gambling.

6. Preity Zinta

She has been declining all rumors of her going bankrupt after her production house’s maiden movie ‘Ishkq In Paris’ became a box-office disaster. Reports claim that writer-director Abbas Tyrewala, who wrote the movie, took a legal action against her for non-payment of his dues. Salman Khan happened to again intervene and offer her help.

7. Jagdish Mali


Bollywood’s renowned photographer and Antara Mali’s father reportedly sold off his studio as a result of his hardships. He was found in a pitiful condition on streets by model-actress Mink Brar and later died due to multiorgan failure.

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