Amitabh Bachchan has been ruling the Bollywood industry for more than four and a half decades. He gave more than one superhit film. But in the 4s, he went through a tough phase. Several cases were filed against him and the creditors started knocking on his doors on the crowd.
Amitabh Bachchan has faced financial constraints.
Amitabh Bachchan’s company went bankrupt in the 1990s. In an old interview, Big B had also revealed that he had a debt of Rs 90 crore. Not only this, his own house was also confiscated. “All the properties were attached. Because I was the company’s personal guarantee, which as a personal guarantor is responsible for paying you. I had to pay Rs 90 crore.”
Amitabh Bachchan said that there were 55 legal cases against him and creditors used to come to the door every day. It was very embarrassing and humiliating for them. He said that those who were very excited to join his company earlier, their behavior suddenly changed, they became like enemies, became very abusive and rude. Overall, it was not a very good image.
Amitabh Bachchan had debts from Doordarshan and other finance companies
“Some of the creditors were government institutions like Prasar Bharati, Doordarshan, some were banks, finance institutions, personal loan loans. He said that at that time he was not financially advised and told that nothing would happen, which is why he signed some personal guarantees and became guarantors.
Amitabh Bachchan and Shah Rukh Khan in a scene from the film ‘Mohabbatein’.
Amitabh Bachchan’s life came on such a track
He was rescued from this storm by his friend and director Yash Chopra. Yash Chopra offered love to Amitabh and the film became a super hit. After this, they also started getting work. Meanwhile, Amitabh started hosting and producing Kaun Banega Crorepati. It put his career and life on track.