Amitabh Bachchan is one of the respected stars in the industry. With decades of experience under his belt, the actor has proven his mettle in various film genres. Today, people look for every opportunity to associate their names with Big B.
As early as the 1990s, Amitabh Bachchan’s company went bankrupt and the situation was so bad that he had to creditor Come to his door every day. In an old interview with Vir Sanghvi, the actor revealed that he is worth less than Rs 90 crore debt and was on the verge of losing his house and all the assets attached to his business.
Explaining how all his assets will be seized, he said: “So when you sign a personal guarantee, you become personally liable to pay the money, so approximately Rs 90 crore will need to be repaid.”
He further revealed that there were “about 55 legal cases” against him. Recalling the difficult times he shared, “Creditors came to my door every day. It was very embarrassing and humiliating.”
The ‘Kalki’ fame actor said all those who used to be extremely excited to be associated with his company have become hostile, humiliating and rude. Furthermore, explaining more about the debts he has, he said many of them are government agencies, banks, financial institutions and personal loans. some of which he and his wife falsely guaranteed Jaya Bachchan personally.
Big B said he was being unwise and was told nothing would happen. He took them at their word and eventually signed some personal guarantees.
However, as they say, the only constant is change. Times have also changed for Amitabh Bachchan after his signingmohabbatein.’The film helped him regain his lost reputation. In addition, the TV series “Who will be Crorepati?‘It helped him a lot to get back on his feet.
Amitabh Bachchan celebrates grand 82nd birthday, fans flock to Jalsa
