I hope you recognize this guy …. He is none other than Mr
Amitabh Bachchan who is the star of the millennium. I hope he does not require
an introduction any more … Am I right J Why I took this guy’s example because I can
co-relate his problem with common man. He started from dust and had become
billionaire and then again became bankrupt ….. again started his new journey at
the age of 60 and
re-established his acting and money power…
Mr Amitab Bachchan son of Mr Harivansh Rai Bachchan and Teji Bachchan in Allahabad, Uttar Pradesh…. Who took birth on 11 October 1942.Since 1969 he is active in cinemas. Actually his good name was Inquilab Rai Bachchan which had a short-lived existence because at the insistence of friends, Blinding Light replaced Revolution and Inquilab became Amitabh.
Amitabh completed his formal education from Kirori Mal College
of Delhi with double Master of Arts degrees from Delhi University. After
completing his education in the national capital, Bachchan headed eastward to
Calcutta to earn his livelihood. His first job was with Shaw Wallace and he
later worked as a freight broker for the shipping firm Bird and Co. But
considerations of livelihood and a regular pay at the end of the month was no
compensation for what the heart desired. By 1968, young Amit had decided to give it all up, because
Amitabh Bachchan wanted to spend his life doing what he wanted to do and he
wanted to act.
Then the tall 6.3’’ headed towards Bombay .For
sometime it seemed his height became hurdle in making his aspiration into
reality…Bombay did not embrace its biggest creation to be with open arms. In
desperation Amitabh tried to use the one other unique characteristic that he
had, his deep baritone. But here too, Bachchan failed. He was rejected by the
All India Radio after an audition test.
Bachchan made his film debut in 1969 as a voice
narrator in Mrinal Sen's National Award winning
film Bhuvan Shome.Thereafter he got his first acting role as one of
the seven protagonists in Saat Hindustani,The film was not a big success
but Amitab won his first national award as the best newcomer. Anand (1971) followed, where he starred
alongside Rajesh Khanna. Bachchan's role as a doctor with a cynical view of
life garnered him his first Filmfare Best
Supporting Actor Award.
But
"Zanjeer changed things.His Rise to stardom started from here …..The same
here he married Jaya…..
The year 1975 saw the release
of Amitabh's two biggest blockbusters till date.
First came Ramesh Sippy's
Sholay and when Jai died on screen, the audiences' horrified gasp betrayed the
birth sound of a new phenomenon - the birth of Amitabh the superstar.
And then there was Yash
Chopra's Deewar. Amitabh is the anti-hero, one who plays a lowly dockyard
coolie who has to become rich by any means. Thus the superstar Amitabh was
truly on his way to becoming a one-man film industry.
By Now Ever film producer
knew that if he cast Mr Bachan then movis was a sure hit!!!!
The show went till 26 July 1982,
on this date while filming “Coolie” in the University Campus of Bangalore
Bachchan suffered a near fatal intestinal injury during the filming of a fight
scene with co-actor Puneet Issar. the corner of the table
struck his abdomen, resulting in a splenic rupture from which he lost a
significant amount of blood. He required an emergency operation and
remained critically ill in hospital for many months, at times close to death.
He fought with death and with the blessing of his fan follower recovered and
movie release next year.. Due to this incidence the movie was hit before release itself. For 1983
“Coolie” was highest gross making movie….
In 1984 he took a break from
movie and joined politics. He contested Allahabad's seat of 8th Lok Sabha against H. N. Bahuguna, former Chief Minister of Uttar
Pradesh and won by one of the highest
victory margins in general election history (68.2% of
the vote).However he resigned from politics 3 years after and naver came back.
He described politics as CESSPUL J
A 15-year press ban against
Bachchan was imposed during his peak acting years by Stardust and some of the other film
magazines. In his defense, Bachchan claimed to have banned the press from
entering his sets until late 1989….
Then he was back to acting
and started giving his block blusters ..
Then Bachchan Set up ABCL
(Amitabh Bachchan Corporation Ltd) which was the main sponsor of the 1996 Miss World beauty pageant, Bangalore but
lost millions. This made Bachchan bankrupt and his company was later
declared as a failed company by Indian Industries board with a debt of US$14m. The Bombay high court, in
April 1999, restrained Bachchan from selling off his Bombay bungalow 'Prateeksha'
and two flats till the pending loan recovery cases of Canara Bank were disposed of. Bachchan
had, however, pleaded that he had mortgaged his bungalow to raise funds for his
company.
“In the year 2000, when the entire world was
celebrating the new century, I was celebrating my disastrous fortune. There
were no films, no money, no company, a million legal cases against and the tax
authorities had put notice of recovery on my home,” Amitabh Bachchan .
Bachchan explained: “Our friends advised us to close this losing
venture and move on but we decided to clear all our debts despite huge losses
and re-start the production of films“.“It is only my
conscience that kept me going,” the legendary actor said. “Many
businessmen and financial advisers told me that I should give up ABCL and start
a new life. But somewhere I felt that I owe people money. People had put faith
in ABCL because of my name. Therefore, I could not let it go easily.”“There
was a sword hanging on my head all the time. I spent many sleepless nights. One
day, I got up early in the morning and went directly to Yash Chopraji and told
him that I was bankrupt. I had no films. My house and a small property in New
Delhi were attached. Yashji listened coolly and then offered me a role in his
film Mohabattein,”“I then started doing commercials, television
and films. And I am happy to say today that I have repaid my entire debt of Rs
90 crore and am starting afresh,” Bachchan said.
Later he accepted in his
interviews
I am not a businessman. I never have been. I
have problems dealing with money. My entire career has been managed by family
members or managers who have looked after my affairs. I am totally ignorant as
far as money matters are concerned. For me to suddenly be thrown into this huge
corporate ocean without adequate managerial capacity was perhaps the unmaking
of the corporation. But I was told that ‘You’re like the brand figure, you
don’t have to get into the nitty-gritty of management.’ So, I very diligently
kept away from it. What was required was to have an efficient executive team
where you have CEOs, VPs etc. Which is what I did. I entrusted them with the
job of running the corporation. I am sorry to say, but despite all this talk of
professional executives and professionalism in management, this was a terrible
example as far as our company was concerned. I trusted them but their feedback,
their information was inadequate and false. It led to one disaster after another.
By Now ABCL was down and out
and Amitabh became almost Bankrupt…..But he fought back at the age of 58 when
people generally retires from Job!!!!!!!
In my next blog I will
describe his comeback story….. J
Disclaimer :
While writing facts and words i have taken from Wiki page and different websites.Hence i don't guaranty the truthfulness of the facts.My writing may be biased because i am a fan of Big B.
Shahanshah
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