Are there any celebs who are bankrupt or in Debt? - Page 6

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Atomicbomb thumbnail
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Posted: 8 years ago
#51
How much is Katrina Kaif worth.
Some saying she is returning to Salman for support but shouldn't she be a millionaire by now.


Maraka_Musso89 thumbnail
9th Anniversary Thumbnail Rocker Thumbnail + 2
Posted: 8 years ago
#52

Originally posted by: ---Betty---


Do you have any inside information bcz they very wealthy, Saif in particular... Old money you know...

unless he's spending like Nicolas Cage 😊



Being from all money isn't an insurance of not going bankrupt. A lot of nobility persons have converted their ancestry homes into hotels. Indeed, these huge properties' maintenance is expensive so nowadays if they don't change their business model, it's hard to live in luxury.

I don't know anything in regard of Saif's assets and property and how his family made money with their title but surely it has changed since India is democracy and not ruled by royalty... now they pay taxes when they most likely used to receive it from their subjects.
Maraka_Musso89 thumbnail
9th Anniversary Thumbnail Rocker Thumbnail + 2
Posted: 8 years ago
#53

Originally posted by: Atomicbomb

How much is Katrina Kaif worth.

Some saying she is returning to Salman for support but shouldn't she be a millionaire by now.



Didn't she invest in real estate in the UK seeing as she can't own anything in India because she's a foreigner ? Correct me if I'm wrong.
Justmoi thumbnail
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Posted: 8 years ago
#54

Originally posted by: Madame_89


Didn't she invest in real estate in the UK seeing as she can't own anything in India because she's a foreigner ? Correct me if I'm wrong.


IMO she can. My parents are US citizens of India origin and they own property in India. I think you need a POI card to do that and you can obtain that even if you were not born in India but your parents or even your grandparents were. In case of Kat, she must have a work visa or a permanent residence card to stay this long in India since she is a UK citizen ? Then she can buy property. That's what I think. I remember her owning a flat by herself before Ranbir and she bought a property together.
Maraka_Musso89 thumbnail
9th Anniversary Thumbnail Rocker Thumbnail + 2
Posted: 8 years ago
#55

Originally posted by: Justmoi


IMO she can. My parents are US citizens of India origin and they own property in India. I think you need a POI card to do that and you can obtain that even if you were not born in India but your parents or even your grandparents were. In case of Kat, she must have a work visa or a permanent residence card to stay this long in India since she is a UK citizen ? Then she can buy property. That's what I think. I remember her owning a flat by herself before Ranbir and she bought a property together.


Thanks for the information 👍🏼
Justmoi thumbnail
10th Anniversary Thumbnail Rocker Thumbnail Engager Level 1 Thumbnail
Posted: 8 years ago
#56

Originally posted by: Madame_89


Being from all money isn't an insurance of not going bankrupt. A lot of nobility persons have converted their ancestry homes into hotels. Indeed, these huge properties' maintenance is expensive so nowadays if they don't change their business model, it's hard to live in luxury.

I don't know anything in regard of Saif's assets and property and how his family made money with their title but surely it has changed since India is democracy and not ruled by royalty... now they pay taxes when they most likely used to receive it from their subjects.


Isn't their family palace whatever a hotel now ? Anyways, in the recent KWK with Kangana, Saif was asked what was the most valuable thing he owned. He said a first edition book or an art piece. I remember distinctly thinking wow, he is old money not nouveau riche. So if the family does go bankrupt I suppose they can sell their books and art collection to survive ?
Justmoi thumbnail
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Posted: 8 years ago
#57

Originally posted by: Madame_89


Thanks for the information 👍🏼


Welcome. My info about POI card is true as my parents have that, about Kat just a guess. 😆
TotalBetty thumbnail
11th Anniversary Thumbnail Sparkler Thumbnail + 3
Posted: 8 years ago
#58

Originally posted by: Madame_89


Being from all money isn't an insurance of not going bankrupt. A lot of nobility persons have converted their ancestry homes into hotels. Indeed, these huge properties' maintenance is expensive so nowadays if they don't change their business model, it's hard to live in luxury.

I don't know anything in regard of Saif's assets and property and how his family made money with their title but surely it has changed since India is democracy and not ruled by royalty... now they pay taxes when they most likely used to receive it from their subjects.



I don't know how much taxes they pay, just like most filthy rich people in India they must've dabbled in the art of tax evasion too... Papa Pataudi had powerful political connections too... he was pals with the Congress Party

I think the 10th Nawab Saif Ali Khan is much more richer than people think... Google says his net worth is $40 million

This article says his papa left him ancestral property of Rs 750 Crores (which is atleat 100 million dollars I am guessing) It could be more as rich don't officially reveal their property value (for tax purposes)




But I agree no matter how rich one is, one can find ways to go broke 🤔

I was only asking @briahna her source or if she was just guessing...
Sherlock. thumbnail
11th Anniversary Thumbnail Dazzler Thumbnail Engager Level 1 Thumbnail
Posted: 8 years ago
#59

Originally posted by: Justmoi


🤔

SRK has $600 million dollars. He earned more than RDJ and Brad Pitt last year according to Forbes world wide celeb earning list. And, comparing him to Aloo earnings, like really. Aloo is an insignificant ant, nothing without KJO and zero next to SRK the financial elephant. Yeah, we all must be poor and bankrupt like SRK.

Ok
Any idea why is he not in top tax payer list? Last year Salman was made fun off by all of us since he did not feature in top tax payer, people said all money went to lawyer and judge. So now I would like to know where did SRK's money go since as per fans he is not in Panama leaks.
Justmoi thumbnail
10th Anniversary Thumbnail Rocker Thumbnail Engager Level 1 Thumbnail
Posted: 8 years ago
#60

Originally posted by: shanky1

Ok
Any idea why is he not in top tax payer list? Last year Salman was made fun off by all of us since he did not feature in top tax payer, people said all money went to lawyer and judge. So now I would like to know where did SRK's money go since as per fans he is not in Panama leaks.


I don't keep up with Panama leaks so IDK about that. But if you have a business like SRK does, if he had a loss, he could deduct large portions of it over several years. He could invest in something and defer taxes for years. These are completely legal in the US. I assume India has something like that.

Illegally there are other ways. Don't look at taxes alone for income for rich people or business people for income. They have several legal ways not to pay taxes. In fact several rich people hardly pay taxes and they employ accountants whose only job is to help them pay as less taxes as possible. I looked up, SRK made $33 million last year according to Forbes, it is fairly reliable.

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