Ajay Devgn is one of the highest-paid actors in the industry. He delivered many successful movies this year and performed remarkably. For Diwali Dhamaka, Ajay Devgn and Rohit Shetty delivered the third film of the franchise, Singham Again. According to CNBC TV18, Ajay Devgn’s net worth is around Rs. 427 crore. The King of Cop universe is also ruling when it comes to managing financial portfolios.
Brands Owned By Ajay Devgn
Ajay Devgn owns various brands and has invested in various sectors like film production, direction, real estate, and more. Let’s take a look at seven successful brands Ajay Devgn owns or invested in.
A Multiplex Chain
In 2017, Ajay Devgn opened his own Multiplex Chain, NY Cinemas, to revive single-screen charm. He launched his first multiplex in Delhi NCR this year. Ajay expresses his views on expanding his chain and says in an official statement.
“NY Cinemas is expanding and making its way to Gurugram, Delhi NCR. Our endeavor is to create an impeccable experience for audiences watching films at the theatre. I have received a lot of love from my audiences there, and this is my way of giving them the best entertainment experience.”
A Production House
Ajay is omnipresent in the film business. Not only he is a good actor and director, but also he owns his own production house. Ajay Devgn founded his production house in 2000. It was named Ajay Devgn FFilms and now it is renamed Devgn Films. It produces and distributes films.
A Visual Effects Company
In 2015, Ajay Devgn incorporated a visual effects company. This company delivered Best Special Effects for Shivaay and received the award for the same at the 64th National Film Awards. This company is named after his kids, Nysa and Yug, NY VFXWaala.
Real Estate And Construction Business
According to The Economic Times, Ajay Devgn had established a company, AD1, to diversify his business. Ajay Devgn has a big real estate portfolio and many commercial and residential spaces in Mumbai. In 2010, he ventured into construction business.
A Charity Foundation
Our Singham is also a real-life hero. Ajay founded NY Foundations in 2019 in collaboration with his wife Kajol and mother Veena Devgn. His good deeds are countless, from educating children to feeding the underprivileged, his foundation is involved in several social activities.
Ajay Devgn’s Investments
Apart from brands, he has also invested in various projects. Check them out.
A Solar Project
According to Business Standard, Ajay Devgn in collaboration with Roha Group and producer Kumar Mangat invested in the Solar Project. They invested in a state-of-the-art solar park in Charanka, Gujarat. In an official statement, Devgn said,
“The thought behind our entry is that we believe that solar power is the future of industry. We are aiming to reach 500 mw within three to five years with a total investment of Rs 5,000 crore.”
A Film Production Company
According to Mint, Devgn invested Rs 2.74 crore in Panorama Studios International production house to purchase 1 lakh equity shares. The same report also states that the midcap stock gained over 800 percent in a year. This production housed backed Omkara (2006), Special 26 (2013), Drishyam (2015), and many more.
These are the seven successful brands that Ajay Devgn owns or invested in. Were you aware of them? Let us know in the comments below.
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