'Aamir Khan didn't make money from Laal Singh Chaddha, says his CA; adds ‘Katrina Kaif is sharp in money matters'
Aamir Khan's chartered accountant, Bimal Parekh, revealed the actor's indifference towards money, similar to Ranbir Kapoor. Khan didn't earn from 'Laal Singh Chaddha' due to its underperformance and his profit-sharing model. Parekh initiated this backend system, where Khan forgoes upfront fees to ease producers' financial burden, contrasting with Katrina Kaif's financial acumen.
Aamir Khan grabbed headlines after revealing he didn't earn a dime from his film Laal Singh Chaddha. Now, his chartered accountant Bimal Parekh has shed light on the actor's carefree attitude toward money, saying that both Aamir and his PK co-star
Ranbir Kapoor
are surprisingly indifferent when it comes to finances.
'They don't really understand money,' Parekh remarked.
No Upfront Fees, Only Profit Sharing
Speaking at the ABP Live summit, Aamir Khan revealed that he didn't earn any money from Laal Singh Chaddha since the film underperformed at the box office. This was due to his no-fees policy, a strategy initially recommended by his chartered accountant.
Pioneering the Backend Profit-Sharing Model
In an interview with The Hollywood Reporter, Bimal Parekh explained that they pioneered the full backend profit-sharing model for Aamir Khan, where the actor took no upfront fee.
This approach ensured that the studio (Viacom 18) still earned profits from Laal Singh Chaddha, even though Aamir's earnings were minimal.
Charging Less to Support Producers
He added that unlike Laal Singh Chaddha, Aamir did earn from Dangal. At a time when most actors demanded upfront fees, Aamir had mentioned to him that he charged less to avoid burdening producers financially. Surprised by this, Parekh suggested an even better approach: to forgo upfront fees entirely and instead opt for profit-sharing on the backend.
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Who's Sharp About Money?
In the same interview, Bimal Parekh revealed that Aamir Khan remains largely unbothered by money matters. He noted that
Katrina Kaif
is particularly sharp and attentive when it comes to financial details. In contrast, Aamir and Ranbir Kapoor tend to be less concerned about money. Parekh also mentioned that producer Ritesh Sidhwani and director Krishna DK of the Raj-DK duo are among those who are financially savvy and well-informed.
Aamir's Philosophy: No Profit, No Pay
Earlier, speaking to ABP Live, Aamir Khan explained his fee structure, revealing that he only gets paid if the film turns a profit. He didn't earn anything from Laal Singh Chaddha since it underperformed at the box office, but he has no regrets, taking full responsibility for the film's failure. Unlike some actors who charge based on the number of shooting days—regardless of a film's success—Aamir prefers not to burden producers with fees if the project doesn't succeed, prioritizing their interests over his own earnings.
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