Aamir Khan's CA Says Actor, Ranbir Don't Understand Money: ‘Katrina Is Sharpest'
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CA Bimal Parekh also shared how Aamir's no-upfront-fee policy came into play, which he first suggested to the actor himself.
Ranbir Kapoor and Aamir Khan might be two of Bollywood's biggest stars, but when it comes to money, they're not exactly keeping score. At least, that's what Aamir's longtime chartered accountant Bimal Parekh believes.
In an interview with The Hollywood Reporter, Parekh revealed that Aamir and Ranbir are among the most financially nonchalant stars in the business. 'They don't understand money," Parekh said, adding that 'Katrina Kaif is the sharpest. She takes an interest. Aamir and Ranbir are not that bothered! Then Ritesh Sidhwani and Krishna DK (of Raj-DK director duo) are sharp as well, they understand money."
Parekh also shared how Aamir's no-upfront-fee policy came into play, which he first suggested to the actor himself. 'We were the first guys who came with the full backend formula in the case of Aamir Khan. No upfront fee, but profit sharing. This way, Laal Singh Chadha, the studio (Viacom 18) still made money, while Aamir made little."
He added, 'But in Dangal, Aamir made money. We started doing this at a time when everyone would charge an upfront fee. Aamir had casually revealed to me how he charges lower fees, because he doesn't want his producers to lose money. I was startled and told him a better alternative was to not charge at all but to take a backend."
Earlier, Aamir himself opened up at the ABP Live summit about not charging any money for Laal Singh Chaddha. 'I never received any money for Laal Singh Chaddha as it didn't do well at the box office," he said. 'I never get paid until the film makes any profit… I don't regret it either. If the film has not worked well, it is on me to take the responsibility for it."
Aamir continued, 'I don't charge money day wise. However, some artistes do charge for the number of days they are allocating for a film. They have nothing to do with the success or failure of the film, which I think is a professional approach but I can't let my producer suffer for my creatives."
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