Bollywood star Govinda, who once ruled the industry with his unmatched acting and dance skills, has been away from films for quite some time. However, despite his absence from the big screen, Govinda’s earnings have continued to rise. The actor, who had briefly entered politics in 2004, now earns a significant amount through various businesses, investments, and brand endorsements.
Investments and Events Keep the Money Flowing
Though he no longer appears in films, Govinda’s past career in Bollywood ensures he remains a popular face in entertainment events. His participation in these events contributes substantially to his income. Besides this, Govinda has made smart investments in real estate and has a stake in different businesses, including hotels and resorts. This diversification has kept his financial growth steady. According to reports, Govinda’s net worth stands at an impressive Rs 150 crore, and his annual income is estimated to be around Rs 12 crore.
Brand Endorsements: A Key Source of Income
One of the main sources of Govinda’s income is brand endorsements. It’s reported that the actor charges Rs 2 crore for each endorsement deal. His enduring popularity and wide appeal continue to make him a sought-after face for brands. In addition, Govinda’s fees for films, though he is not currently active, reportedly range between Rs 5-6 crore.
Real Estate Holdings and Luxury Properties
Govinda also owns luxurious properties that add to his wealth. He owns two premium properties in Mumbai, one in Juhu and the other on Mud Island, both valued at around Rs 16 crore. Moreover, he has a farmhouse in Raigarh, contributing further to his impressive portfolio.
Reality Shows and Lavish Lifestyle
The actor has also been involved as a judge on several reality shows, where he reportedly charges high fees for his appearances. Govinda’s love for luxury cars is well-known, and he owns models like the Mitsubishi Lancer and Ford Endeavour, adding to his collection of prized possessions.
Controversy Around the Ponzi Scheme
Last year, Govinda found himself in the spotlight due to an alleged connection with the online Ponzi scam Solar Techno Alliance (STA). The scam reportedly involved around two lakh people, but Govinda maintained he was unaware of the fraudulent activities. Despite the controversy, his financial status remains unaffected.
Govinda’s clever investments and diversified income streams have ensured that his wealth continues to grow even as he stays away from the limelight of Bollywood.
