Pratik S
How did Jaggudada’s wife make 1 lakh 100 crores?
Jackie and Ayesha Shroff‘s investment in Sony TV changed their lives.
Just 1 lakh became 100 crores
Bollywood has always been about glamour and gossip. But the statement of Jackie Shroff‘s wife Ayesha Shroff has created a stir. Let’s know how a decision made by Ayesha changed her life overnight. After 15 years of partnership, she sold her stake in Sony and made a huge profit.
Signed an agreement with Sony TV
Twenty years ago, when Sony Entertainment Television was started in India, the Shroff couple took a stake in it through their company. Initially, it took a year to make Sony Entertainment big. Then Ayesha had given a grand Bollywood party to impress Sony officials.
The party, which lasted until dawn at RG’s Club on Marine Drive, was truly amazing. The very next day, Sony signed the deal and the Shroff couple got a stake in Sony.
One lakh became a hundred crore
The return from this deal was many times higher than expected. Ayesha Shroff says – “It was the best decision of our lives. It was as if one lakh rupees had become a hundred crore.” After 15 years of partnership, they sold their stake in Sony and made a huge profit.
‘Boom’ film and financial crisis
After this, in 2002, they made the ambitious film ‘Boom’. It starred Amitabh Bachchan, Jackie Shroff, Gulshan Grover, Bo Derek and 17-year-old Katrina Kaif. However, the film fell victim to piracy before its release and failed at the box office.
As a result, the Shroff family was in financial trouble. Still, Ayesha insists, “Boom was way ahead of its time, so there’s no regrets.”
FAQ
Which company did the Jackie Shroff family invest in?
They had a stake in Sony Entertainment Television.
How much return did they get from this investment?
An investment of approximately Rs 1 lakh turned into a whopping Rs 100 crore.
What happened to the film ‘Boom’?
The film was pirated before its release and failed at the box office.
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