Skip to content 
Search

Latest Stories

Ronnie Screwvala: From toothbrush seller to Bollywood's lone billionaire

Ronnie Screwvala stands as the richest person from the Hindi film industry

ronnie screwvala

Ronnie Screwvala’s rise to billionaire status is an inspiring story of vision

Getty

The 2025 edition of the Forbes Billionaire List was released on Wednesday morning, showcasing the world's wealthiest individuals. The list features 3,028 billionaires globally, including 205 from India. Among these is Bollywood's only billionaire, Ronnie Screwvala, a media mogul whose journey from manufacturing toothbrushes to becoming a leading entrepreneur is nothing short of remarkable. With a net worth of $1.5 billion, Screwvala has surpassed the combined fortunes of Bollywood’s biggest stars, including Shah Rukh Khan, Salman Khan, and Aamir Khan.

Bollywood’s wealthiest man

Ronnie Screwvala stands as the richest person from the Hindi film industry, with a fortune exceeding that of its biggest icons. According to Forbes, his net worth of $1.5 billion surpasses the combined wealth of Shah Rukh Khan ($770 million), Salman Khan ($390 million), and Aamir Khan ($220 million), whose total stands at $1.38 billion. Additionally, he eclipses other notable figures such as Gulshan Kumar (approximately $900 million) and Aditya Chopra ($800 million). His financial success is a testament to his entrepreneurial acumen and strategic investments in both entertainment and education sectors.


Early life and entrepreneurial beginnings

Born in Bombay in 1956, Ronnie Screwvala’s journey to wealth began in an unexpected industry, manufacturing toothbrushes. In the late 1970s, he started his entrepreneurial career in the consumer goods sector. However, his true breakthrough came in the 1980s with the arrival of colour television in India. Recognising the potential in cable TV, he pioneered its expansion in Indian metropolitan areas, setting the stage for his entry into the entertainment industry.

Establishing UTV and a media empire

In 1990, Screwvala founded UTV, a company that revolutionised film and television production in India. Over the next two decades, UTV Motion Pictures became synonymous with quality cinema, producing iconic films such as Swades, Rang De Basanti, Khosla Ka Ghosla, Jodhaa Akbar, Fashion, Delhi Belly, and Barfi!. His influence extended to television as well, with UTV creating beloved TV shows like Shanti, Hip Hip Hurray, Shaka Laka Boom Boom, Khichdi, and Shararat.

In 2012, Screwvala made a landmark business move by selling UTV to Disney in a billion-dollar deal, marking his exit from the company. However, his passion for storytelling drew him back to the industry, leading to the establishment of RSVP Movies in 2017. Under this banner, he produced critically and commercially successful films like Kedarnath, Uri: The Surgical Strike, The Sky Is Pink, and Sam Bahadur.

Diversifying into education and sports

While Screwvala’s influence in Bollywood remains strong, his financial empire extends far beyond the film industry. He has invested in several startups and founded successful ventures, notably UpGrad, Unilazer, and USports.

UpGrad, his most significant non-entertainment venture, is an edtech company that has transformed online education in India. The platform offers courses in collaboration with leading universities, catering to professionals looking to upskill. Unilazer, his private equity firm, has funded numerous startups across various industries, while USports has played a role in the country’s growing sports ecosystem.

A return to the limelight

Despite his behind-the-scenes presence in the entertainment industry, Screwvala stepped into the public eye in 2024 when he made his screen debut as one of the investors on Shark Tank India. His participation in the show further cemented his reputation as a successful entrepreneur willing to mentor emerging business minds.

The legacy of Ronnie Screwvala

Ronnie Screwvala’s rise to billionaire status is an inspiring story of vision, resilience, and strategic investments. From manufacturing toothbrushes to pioneering cable TV, from building a film production powerhouse to transforming online education, his impact spans multiple industries.

As Bollywood’s richest man, he has redefined success in the entertainment business, proving that wealth in the industry is no longer confined to acting superstars. With continued investments in technology, education, and media, Screwvala’s influence is set to grow, further solidifying his status as one of India’s most successful entrepreneurs.

More For You

modi-trump-getty
Modi shakes hands with Trump before a meeting at Hyderabad House in New Delhi on February 25, 2020. (Photo: Getty Images)
Getty Images

Indian exporters watch closely as Trump says trade deal with India likely

THE US could reach a trade deal with India that would help American companies compete more easily in the Indian market and reduce tariff rates, President Donald Trump said on Tuesday. However, he cast doubt on a similar deal with Japan.

Speaking to reporters on Air Force One, Trump said he believed India was ready to lower trade barriers, potentially paving the way for an agreement that would avoid the 26 per cent tariff rate he had announced on April 2 and paused until July 9.

Keep ReadingShow less
Kolhapuri sandal sales surge in India post Prada controversy

Customers shop for 'Kolhapuri' sandals, an Indian ethnic footwear, at a store in New Delhi, India, June 27, 2025. REUTERS/Adnan Abidi

Kolhapuri sandal sales surge in India post Prada controversy

INDIAN footwear sellers and artisans are tapping into nationalist pride stoked by the Prada 'sandal scandal' in a bid to boost sales of ethnic slippers with history dating back to the 12th century, raising hopes of reviving a struggling craft.

Sales are surging over the past week for the 'Kolhapuri' sandals that have garnered global attention after Prada sparked a controversy by showcasing similar designs in Milan, without initially crediting the footwear's origins.

Keep ReadingShow less
UK business district
The Canary Wharf business district including global financial institutions in London.
Getty Images

Economy grew 0.7 per cent in Q1 2025, fastest in a year

THE UK economy expanded at its fastest pace in a year during the first quarter of 2025, driven by a rise in home purchases ahead of a tax deadline and higher manufacturing output before the introduction of new US import tariffs.

Gross domestic product rose by 0.7 per cent in the January-to-March period, the Office for National Statistics (ONS) said, confirming its earlier estimate. This was the strongest quarterly growth since the first quarter of 2024.

Keep ReadingShow less
modi-trump-getty
Trump shakes hands with Modi during a joint press conference at Hyderabad House in New Delhi on February 25, 2020. (Photo: Getty Images)
Getty Images

Key issues in India, US trade talks

TRADE talks between India and the US have hit a roadblock over disagreements on duties for auto components, steel and farm goods, Indian government sources said to Reuters, dashing hopes of reaching an interim deal ahead of president Donald Trump's July 9 deadline to impose reciprocal tariffs.

Here are the key issues at play:

Keep ReadingShow less
Anil Agarwal

Vedanta Resources, which is based in the UK and owned by Indian billionaire Anil Agarwal, has been working on reducing its debt. (Photo credit: Getty Images)

Getty Images

Anil Agarwal’s Vedanta Resources signs £438 million refinancing deal

VEDANTA LTD said on Thursday that its parent company, Vedanta Resources, has signed a loan facility agreement worth up to £438 million with international banks to refinance existing debt.

The refinancing move, where old loans are replaced by new ones, often at better terms like lower interest rates, has led ratings agencies such as S&P Global Ratings and Moody's to upgrade their outlook on the company this year.

Keep ReadingShow less