From box office to NFTs: Salman Khan’s 9 income sources driving his Rs 220 crore earnings – Lifestyle News
At the age of 57, Salman Khan continues to exert his dominance over the box office with the release of his latest film, Tiger 3. Directed by Maneesh Sharma, Tiger 3 marks the third installment in the popular Tiger franchise and the fifth entry in the YRF Spy Universe. Given the film’s early success, there are indications that Tiger 3 might soon join the ranks of other blockbuster releases like Pathaan, Gadar 2, Jawan, and more, all of which have been ringing the cash registers throughout the year.
Beyond his on-screen prowess, Salman Khan has embraced various roles in the business world and real estate. Diversifying his financial portfolio, the actor has invested in numerous sectors, including running a thriving production house, owning a clothing line, backing multiple startups, and more, contributing to an annual income that surpasses Rs 200 crores. Continue reading to explore the diverse sources that contribute to the Tiger 3 star’s wealth.
Box Office Earnings:
Apart from charging a standard fee, Salman Khan also enjoys a share of the profits through his profit-sharing deals, ranging from 60% to 70% for each film, as reported by TOI. This fee structure mirrors the approach of other Bollywood actors like Akshay Kumar and Shah Rukh Khan.
A Production House:
Salman Khan Films, founded in 2011, stands as a testament to the actor’s foray into film production. The banner has produced and distributed various Hindi movies, from National Award winners like Chillar Party to commercial hits like Bajrangi Bhaijaan, serving as a significant source of income for the Bollywood icon.
Investment in Startups:
In 2012, Salman Khan invested in the travel company Yatra.com, holding a 5% stake in the enterprise. Additionally, he became part of the short video platform Chingari, participating in a $13 million investment round led by OnMobile Global Limited, as reported by CNBC TV18. Serving as both an investor and brand ambassador, Khan continues to diversify his investments.
Clothing Line:
Established in 2012 to support Being Human – The Salman Khan Foundation, Being Human Clothing has expanded its reach from Europe and the Middle East to the Indian market. With over 90 stores across the country, the brand contributes to Salman Khan’s multifaceted income streams.
Fitness Equipment and Gyms:
Recognized as one of the fittest actors, Salman Khan translated his passion for fitness into a lucrative venture by launching the Being Strong fitness equipment range in 2019. The actor also opened multiple gyms in major cities, further expanding his business portfolio.
Real Estate Investment:
Salman Khan has made substantial investments in real estate, acquiring multiple homes and commercial spaces in Mumbai. A recent Economic Times report highlights his leasing of a four-floor property in Santacruz to retail giant LandCraft for a monthly rental of Rs 1 crore.
TV Shows:
Since the 2010-11 season, Salman Khan has been associated with Bigg Boss, reportedly charging Rs 12 crore weekly for hosting. The actor’s earnings from the ongoing season and previous stints with the reality game show 10 Ka Dum contribute significantly to his overall income.
Brand Endorsements:
Apart from acting, Salman Khan’s association with popular brands like Hero Honda, Britannia Tiger Biscuit, Realme, Relaxo, Dixcy Scott, and more adds substantial value to his financial portfolio. As per a Times of India report, the actor commands fees ranging from Rs 6 crore to Rs 7 crore for endorsing a single brand.
NFTs:
In 2021, Salman Khan ventured into the realm of non-fungible tokens (NFTs), joining other celebrities in offering fans the opportunity to purchase digital memorabilia such as art, music, videos, and photos associated with the actor.
Annual Income and Net Worth:
According to a Times of India report, Salman Khan boasts an estimated annual income of Rs 220 crore, translating to approximately Rs 16 crore per month. As one of the highest-paid actors in the country, his estimated net worth hovers around $350 million, equivalent to roughly Rs 2,907 crore.
In summary, Salman Khan’s multifaceted approach to wealth generation, spanning various industries and investments, cements his position as a versatile and prosperous figure in the entertainment and business realms.
