‘Ramayana’ Producer Namit Malhotra Reveals He Lost 90% Wealth in 2008; Now Backs Rs 4,000 Crore Film with Oscar-Winning VFX Team
What Happened?
Namit Malhotra, producer of 'Ramayana', disclosed he lost 90% of his wealth in 2008. Now, with a net worth of Rs 16,000 crore, he is set to release the film on November 5.
Key points
- Namit Malhotra lost 90% of his wealth during the 2008 financial crisis.
- His family's net worth is now estimated at Rs 16,000 crore according to the Hurun India Rich List 2026.
- The film 'Ramayana' has a total budget of Rs 4,000 crore.
- It features a star cast including Ranbir Kapoor, Sai Pallavi, and Ravi Dubey.
- The film is directed by Nitesh Tiwari and is set for a multilingual release on November 5.
- Malhotra described the screening as his 'Oscar moment' at the Academy Theater in Los Angeles.
Key insights
- Malhotra's journey reflects the challenges faced by many entrepreneurs in the film industry.
- The collaboration with an Oscar-winning VFX team may enhance the film's global appeal.
- The film's significant budget indicates a high level of investment in Indian cinema.
Why it matters
This story highlights the resilience of filmmakers in overcoming financial setbacks to achieve their dreams.
Tags
Entities
Source
Times of India
