logo
Vivek Oberoi's Net Worth: Bollywood actor credits early stock market exposure for building ₹1,200 crore fortune

Vivek Oberoi's Net Worth: Bollywood actor credits early stock market exposure for building ₹1,200 crore fortune

Mint22-06-2025
Actor Vivek Oberoi, whose acting career didn't went well, has turned himself into a successful businessman by creating a ₹ 1,200 crore biz empire.
During a recent interview on Owais Andrabi's Dubai Property Insider podcast, Vivek revealed that his father only played the role of a mentor in his life and never helped him financially.
Vivek, son of actor and politician Suresh Oberoi, made his Bollywood debut in 2002 with Ram Gopal Verma's film 'Company', and became a household name with movie 'Saathiya' (2002), directed by Shaad Ali.
Talking about how he built such a big empire, Vivek said that his father groomed him regarding economics and business from a very young age.
'He would bring me a product and would ask me to create an entire business plan about how I was going to sell it. I started understanding the nuances of business from the age of 10 because I was going from door to door to sell that stuff.'
Vivek further said that his father used to tell him 'I am a rich man; you are not. You will get there, but you have to do it on your own.'
He also credited his exposure to the stock market trading and real estate investments during his teenage years for shaping up his entrepreneurial journey.
He said: 'I was able to raise $3 million for my first company, and I was only 19, and I made a lot of money for my investors and myself, and I sold the company by the time I was 23. If I hadn't been applying myself for all those years, it never would have been possible. Because I put in that work, now I have been able to take nine companies public on the Indian stock market, and I am planning to take four more.'
As of April 2025 Vivek Oberoi has a net worth of ₹ 1200 crore, according to Forbes India.
His ventures include BNW Real Estate Developers, a prominent player in the UAE luxury market, and Solitario, a lab-grown diamond brand.
Other business ventures in which Vivek has invested include global brand accelerator Impresario Global, a gin brand called Rutland Square Spirits, and vehicle care platform ReadyAssist.
Orange background

Try Our AI Features

Explore what Daily8 AI can do for you:

Comments

No comments yet...

Related Articles

Not Shah Rukh Khan or Salman Khan, this actor wins best actor, Aamir Khan honoured, Bollywood lights up Melbourne Film Festival
Not Shah Rukh Khan or Salman Khan, this actor wins best actor, Aamir Khan honoured, Bollywood lights up Melbourne Film Festival

India.com

time25 minutes ago

  • India.com

Not Shah Rukh Khan or Salman Khan, this actor wins best actor, Aamir Khan honoured, Bollywood lights up Melbourne Film Festival

The 16th edition of the Indian Film Festival of Melbourne (IFFM) wasn't just a gathering; it was a celebration of stories, memories, and cinema's evolving spirit. The spotlight fell on Neeraj Ghaywan's Homebound, a film already buzzing in conversations, and now crowned with the festival's biggest honours, Best Film and Best Director. Starring Ishaan Khatter, Vishal Jethwa, and Janhvi Kapoor, Homebound has been seen as one of 2025's most striking works. Its double victory only deepened its mark on the year's cinematic map. Why did Aamir Khan's award feel like a journey? The festival's highest honour, 'Excellence in Cinema', went to Aamir Khan. For decades, he has been more than just a star — a storyteller who shaped Indian cinema's global voice. Accepting the award, Aamir chose not to make it about himself. Instead, he turned the spotlight on those who stood beside him through the years: 'Film-making is a collaborative art, and this award wouldn't be possible without my writers, directors, co-actors, and the audience who gave me the chance to tell stories and be a part of so many.' It wasn't just a speech, but a reminder of how cinema remains collective, not individual. How did Abhishek Bachchan make it personal? Among acting honours, Abhishek Bachchan's Best Actor (Male) win for I Want To Talk felt deeply personal. Looking back at his own journey with IFFM, he called it a circle completed: 'For me, life has come full circle. I was here in 2022, receiving the Excellence in Cinema award. To now stand on the same stage and hold the Best Actor trophy for a film so close to my heart is overwhelming.' For Best Actress, Geeta Kailasam's moving performance in Angammal was celebrated, while Gugun Kigpen received a Special Mention for his power-packed act in Boong. Who else stood tall? The evening didn't miss the OTT world either. Black Warrant was named Best Series, with Jaideep Ahlawat (Paatal Lok 2) and Nimisha Sajayan (Dabba Cartel) bagging top acting honours. Awards celebrating leadership, diversity, equality, and disruption reminded the audience that cinema today is not bound by screens alone, but by ideas and voices.

India, South Korea resolve to set new industrial ambition in high-tech sectors
India, South Korea resolve to set new industrial ambition in high-tech sectors

News18

time34 minutes ago

  • News18

India, South Korea resolve to set new industrial ambition in high-tech sectors

Agency: PTI New Delhi, Aug 16 (PTI) India and South Korea on Saturday resolved to expand their strategic partnership by setting new 'industrial ambition" in the areas of semiconductor, defence, clean energy, and artificial intelligence. Ways to ramp up the overall bilateral cooperation figured prominently in talks between External Affairs Minister S Jaishankar and his visiting South Korean counterpart, Cho Hyun. The Ministry of External Affairs (MEA) said Jaishankar and Hyun agreed to set new industrial ambitions, especially in high-tech sectors such as AI, semiconductors, clean energy, shipbuilding, and the defence industry. The ministers took stock of bilateral cooperation, including in the political, security, trade and economy, technological, and people-to-people domains, it said. In a social media post, Jaishankar described the talks as 'productive". 'Held productive discussions on advancing our bilateral cooperation in trade, manufacturing, maritime and people-to-people exchanges as well as new opportunities in AI, semiconductors, clean energy and defence," he said. Jaishankar said he and Hyun also exchanged perspectives on the Indo-Pacific region and contemporary global developments. 'Appreciated our deepening convergences and growing engagement as our Special Strategic Partnership completes 10 years," he added. In his opening remarks at the meeting, Jaishankar also thanked Seoul for its condemnation of the horrific April 22 Pahalgam terror attack. The external affairs minister also made a mention of Seoul's support to an Indian parliamentary delegation that visited South Korea in the aftermath of Operation Sindoor. 'You have been barely a month in the job (as the foreign minister), the fact that you are here literally a day after your National Day, and our National Day, says a lot really about the value we attach to the relationship," Jaishankar said. The India-South Korea ties have been on an upswing in the last few years, especially in the areas of trade and defence. The MEA said Jaishankar and Hyun reaffirmed the strong and growing 'special strategic partnership" between the two countries. The partnership is rooted in shared democratic values, mutual trust, shared economic interests, and commitment to regional and global peace and stability, it said. 'The ministers also shared their assessment on regional and global issues of common interest," the MEA said in a statement. PTI MPB VN VN view comments First Published: Disclaimer: Comments reflect users' views, not News18's. Please keep discussions respectful and constructive. Abusive, defamatory, or illegal comments will be removed. News18 may disable any comment at its discretion. By posting, you agree to our Terms of Use and Privacy Policy.

SBI home loan: State Bank of India raises home loan interest rates by 25 basis points. Check new rates here
SBI home loan: State Bank of India raises home loan interest rates by 25 basis points. Check new rates here

Mint

timean hour ago

  • Mint

SBI home loan: State Bank of India raises home loan interest rates by 25 basis points. Check new rates here

SBI home loan: Government-owned institutional lender, State Bank of India, has increased its interest rates for home loans and home-related loans effective from 1 August 2025, reported the news portal The Economic Times. The rise in home loan rates will impact the EMI payments of the borrowers. According to the revised data, the interest rate for a regular home loan (term loan) currently stands at 7.50% to 8.70%. SBI has raised the upper band of the interest rate by 25 basis points to its current level of 8.70%, compared to its earlier level of 8.45%. However, the lower limit of the home loan rates are kept unchanged. State Bank of India's move to increase the upper interest rate band of the home loan rates comes after the Indian central bank, the Reserve Bank of India (RBI), decided to keep its key benchmark interest rates (repo rates) unchanged at 5.55% in the August 2025 Monetary Policy announcement. State Bank of India's official website data shows that the current home loan-related interest rates are as follows — 1. Home Loan (term loan): 7.50% to 8.70% 2. Home Loan Maxgain (OD): 7.75% to 8.95% 3. Top Up Loan: 8% to 10.75% 4. Top Up (OD) Loan: 8.25% to 9.45% 5. Loan Against Property (P-LAP): 9.20% to 10.75% 6. Reverse Mortgage Loan: 10.55% 7. YONO Insta Home Top-up Loan: 8.35% However, the bank also said that the interest rate for the home loans are based on the CIBIL score of the individual. All the home loans are linked to external benchmark rates (EBLR) which is currently prevailing at 8.15%, according to the official website. SBI raising its home loan interest rates will directly impact the borrowers who are taking a term loan at the higher end of the interest band. Depending on the customer's credit profile or credit score, if they fall under the higher interest rate bracket, then they will have to pay a slightly higher rate of EMI due to the 25 basis point increase. An effect of the hike will also be on the repayment burden due to the higher interest amount, as it can be significant over a longer period of time. Example with new interest rate: If you take a home loan of ₹ 50 lakh for a total tenure of 20 years at an interest rate of 8.70%, you will pay the bank a monthly EMI of ₹ 44,026. At the end of the 20-year period, you would be paying a total interest of ₹ 55,66,275 on top of the principal amount. The total home loan payment will be ₹ 1,05,66,275 or over ₹ 1.05 crore at the end of the term, according to the Groww home loan calculator. Example with old interest rate: If you had taken a home loan of ₹ 50 lakh for a total tenure of 20 years, but at the older interest rate of 8.45%, then you would be paying the bank a monthly EMI of ₹ 43,233. With the older interest rates, a customer will be paying a total interest of ₹ 53,75,935 on top of the principal amount of ₹ 50 lakh, bringing the total loan payment to ₹ 1,03,75,935 over the 20-year period, according to the Groww calculator. This marks a ₹ 737 rise in the EMI every month for a total of 20 years due to the interest rate hike.

DOWNLOAD THE APP

Get Started Now: Download the App

Ready to dive into a world of global content with local flavor? Download Daily8 app today from your preferred app store and start exploring.
app-storeplay-store