In 1999, Amitabh Bachchan’s company, Amitabh Bachchan Corporation Ltd (ABCL), was on the verge of bankruptcy due to significant losses. His debt was incurred as a result of the failure of his production, distribution, and event management firm. In a 2013 interview, he talked about how creditors would show up at his house during this difficult period. Amitabh Bachchan eventually recovered with the success of Mohabbatein and his television debut, Kaun Banega Crorepati, which just celebrated its 21st year.
Amitabh Bachchan On Bankruptcy
In a 2013 interview with Mail Today, Amitabh said that he owes more than 90 crores to several people. “I repaid everyone, even Doordarshan. I made ads for them instead of the interest component when they requested it. I’ll never forget creditors showing up at our door, being rude, threatening, and demanding, and much worse, when they came for ‘kudkee’ at our home Prateeksha,” he added.
“That was, without a question, one of the worst periods of my 44-year professional career. It caused me to pause and consider my alternatives, weighing the pros and cons of various scenarios. The response was simple: I know how to act. I woke up and headed over to Yashji (Filmmaker Yash Chopra), who was staying behind my house. I pleaded with him to hire me. That’s when the worm turned for him, and he handed me Mohabbatein,” he added.
Amitabh Bachchan, 78, is currently one of India’s busiest actors. He made his internet debut with Gulabo Sitabo, a film co-starring Ayushmann Khurrana, last year. Chehre, Jhund, Brahmastra, MayDay, and Goodbye are among his future projects.
Meanwhile, Amitabh Bachchan will return to television with Kaun Banega Crorepati 13, for which registrations have already begun in May. Except for the third season, which was hosted by Shah Rukh Khan, he has hosted the show since its debut in 2000.
Stay tuned for latest Bollywood news only on bollywoodhushnews.com
