Salman Khan, the beloved “Bhai” of Bollywood, is not just a superstar on screen but a powerhouse of wealth off it. With a career spanning over three decades, Khan has amassed a fortune that continues to grow.
This article delves into the depths of his financial empire, exploring his estimated net worth in 2024, the diverse sources of his income, and the extravagant lifestyle he leads.
- Salman Khan’s net worth of $350 million showcases his status as one of Bollywood’s wealthiest, with income from films, TV shows, endorsements, and business ventures like film production and clothing brands.
- His lavish lifestyle includes a plethora of luxury properties and vehicles, reflecting his financial success. Properties like Galaxy Apartments and a sea-facing bungalow in Gorai, alongside a fleet of high-end cars and bikes, mark his assets.
- Despite controversies and legal troubles, Salman Khan remains committed to philanthropy through his Being Human Foundation, supporting education, healthcare, and disaster relief, and personally engaging in charitable acts.
|Abdul Rashid Salim Salman Khan
|St. Stanislaus High School
Salman Khan's Net Worth and Earnings
Salman Khan, the heartthrob of Bollywood, boasts an estimated Salman Khan net worth of a whopping $350 million (around 2,912 crore Indian rupees), making him one of the highest-paid actors in the industry. What is the source of this considerable wealth? The answer lies in his diversified income sources, which span beyond the realm of acting.
A significant portion of his earnings comes from his blockbuster movies, where he commands a profit share of 60% to 70%. His star power also translates into a robust yearly earning of around Rs. 220 crore (approximately $28 million).
But that’s not all! Salman’s financial portfolio is a mix of various business ventures, including film production and a clothing brand, along with investments in startups, all contributing to his wealth. Even though he has encountered several controversies and legal challenges, they haven’t significantly impacted his robust net worth.
Delving into each of these income streams will provide a clearer picture.
Film Career and Box Office Success
Beginning with a supporting role in ‘Biwi Ho To Aisi’ in 1988, Salman Khan quickly rose to fame with his first major box office success, ‘Maine Pyar Kiya.’ Throughout the 1990s, he solidified his status in Bollywood with hits including ‘Hum Aapke Hain Koun.!’, ‘Hum Saath-Saath Hain’, ‘Karan Arjun’, and ‘Biwi No.1’. The 2010s saw him starring in some of the top-grossing action films such as ‘Dabangg’ (produced by Arbaaz Khan), ‘Ready’, ‘Bodyguard’, ‘Ek Tha Tiger’, ‘Dabangg 2’, ‘Kick’, and ‘Tiger Zinda Hai’.
This Bollywood superstar achieved a unique record of starring in the highest-grossing film for ten separate years during his career and played leading roles in five consecutive blockbusters. But not all his movies were hits. ‘Antim: The Final Truth’ was a notable box office flop.
Nevertheless, the magnitude of his successes greatly outweigh the occasional misses, making Salman Khan an undeniable force in the film industry.
While films are the backbone of Salman Khan’s earnings, his television appearances also contribute significantly to his annual income. For his role as the host of Bigg Boss, a popular reality show, Salman charges a staggering ₹25 crores per week, equating to ₹12.5 crores for a single episode of Weekend Ka Vaar. This has been a pivotal part of his television career since he took over the host’s role in 2010.
Salman’s popularity as a television host was further cemented when he took over from Karan Johar to host the second season of Bigg Boss OTT. His charisma and charm on the small screen continue to pull in viewers, making him a highly sought-after television personality.
Brand Endorsements and Partnerships
Salman Khan’s relationship with brand endorsements dates back to his first TV commercial for Campa Cola in 1983 and includes a wide range of products like beverages, footwear, motorcycles, and many others.
His long-standing brand endorsements include nearly a four-year partnership with Coca-Cola for their ‘Thums Up’ brand and his association with Pepsi in promoting the ‘Har Ghoont Mein Swag’ campaign. Recent endorsements extend Khan’s portfolio with brands like Somany Ceramics, Navratna Oil, Zupee, and others aligning themselves with his popularity.
The power of Salman Khan’s brand endorsement is reflected in his position at eleventh on the list of the top 25 Indian celebrities in brand value, with a valuation of $54.5 million. This alignment of brands with Salman Khan’s persona not only boosts product sales but also adds a significant amount to the superstar’s net worth.
Business Ventures and Investments
Apart from his acting and endorsement deals, Salman Khan has also ventured into the world of entrepreneurship. He has broadened his horizon by:
- Investing in technology startups, with a significant investment in the short video platform Chingari
- Exploring emerging digital markets
- Joining the NFT trend by launching digital collectibles linked to his persona.
Salman Khan also established his own film production company, which he owns, called Salman Khan Films (SKF).
As a film producer, SKF has produced acclaimed films like ‘Bajrangi Bhaijaan’, recipient of the National Film Award for Best Popular Film Providing Wholesome Entertainment, and ‘Chillar Party’, which received recognition with National Film Awards for Best Children’s Film, Best Child Artist, and Best Screenplay.
SKF’s filmography extends to commercial hits like ‘Race 3’, ‘Loveyatri’, and ‘Bharat’, showcasing a wide range of production ventures. Salman’s entrepreneurial ventures are a testament to his business acumen and contribute significantly to his impressive net worth. In the industry, Salman’s brother, Sohail Khan, is also a well-known name.
Assets and Luxury Lifestyle
With such a staggering net worth, it’s only natural that Salman Khan lives a life of luxury. His assets include several notable properties like Galaxy Apartments in Mumbai, a farmhouse in Panvel, and a sea-facing bungalow in Gorai.
But his luxurious lifestyle doesn’t stop at properties; Salman Khan also boasts an extensive car and motorcycle collection, reflecting his love for high-end vehicles.
We will examine these assets in more detail in the subsequent sections.
Standing tall in the heart of Bandra, Mumbai, is Salman Khan’s residence – the Galaxy Apartments, valued at approximately INR 100 crore. But that’s not his only property in Mumbai. Salman also owns a triplex flat in the same area, estimated to be worth around USD 3 million (approximately INR 30 crore).
But Salman’s property portfolio extends beyond the hustle-bustle of Mumbai. He owns a sea-facing bungalow in Gorai, acquired at a cost of Rs 100 crore, and a luxurious house located in The Address Downtown area in Dubai.
Moreover, he has capitalized on his real estate investments by leasing a four-floor property in Santacruz to retail giant LandCraft for a monthly rental of Rs 1 crore.
These properties not only reflect Salman’s luxurious lifestyle but also contribute to his impressive net worth.
A man of Salman Khan’s stature certainly has a penchant for luxury vehicles. His car collection includes high-end models such as…
- Porsche Cayenne Turbo, capable of reaching 286 kmph
- 2019 Land Rover Range Rover Vogue Autobiography with a turbocharged diesel engine
- Mercedes-Benz GL 350 CDI with impressive acceleration
- Mercedes-Benz S class with Airmatic suspension for smooth riding
Salman Khan’s car collection includes:
- A BMW X6
- A Mercedes-Benz S-Class
- A Range Rover Vogue
- A Lexus LX470
- A Toyota Land Cruiser
- A bulletproof Nissan Patrol
His car collection not only reflects his love for luxury but also adds to his impressive assets.
When he’s not cruising in his luxury cars, Salman Khan can often be seen riding high-end motorcycles. His passion for motorcycles is reflected in his impressive collection, which includes prestigious models such as:
- Suzuki Hayabusa
- Yamaha R1
- Suzuki GSX-R1000Z
- Suzuki Intruder M1800 RZ
These motorcycles, apart from being a part of his luxurious lifestyle, are a testament to Salman Khan’s love for speed and thrill.
Philanthropy and Social Impact
Despite his luxurious lifestyle and immense wealth, Salman Khan has never forgotten to give back. His philanthropic efforts through the Being Human Foundation have made a significant impact in providing education and healthcare services for the underprivileged. Beyond the foundation, Salman Khan also engages in various charitable efforts, including:
- covering medical expenses for individuals in need
- supporting disaster relief efforts
- funding educational scholarships
- organizing blood donation drives
Salman Khan’s commitment to philanthropy is truly commendable and serves as an inspiration to many, much like his father, Salim Khan.
A closer examination of his philanthropic efforts can reveal more.
Being Human Foundation
Founded by Salman Khan in 2007, the Being Human Foundation is a Mumbai-based charity providing education and healthcare services for the underprivileged in India. The foundation:
- Funds the education of 200 children at Akshara High School in Mumbai
- Supports an additional 300 children through the non-profit organization Aseema
- Partners with the Fortis Foundation to fund surgeries for children with congenital heart defects and craniofacial deformities
- Supports free medical camps for laparoscopic surgeries
The foundation’s VEER Initiative has trained 1909 disabled individuals as of December 2015, helping 1194 of them gain employment. In response to natural disasters, Being Human has engaged in drought relief in Maharashtra and distributed blankets to flood victims in Kashmir. The foundation’s charitable activities and initiatives are significantly funded by Salman Khan’s clothing brand ‘Being Human’.
Other Charitable Initiatives
Beyond the Being Human Foundation, Salman Khan has shown his compassionate side through various charitable efforts. He has funded critical medical treatments such as bariatric surgery for Kavi Kumar Azad, open-heart surgery for a carpenter’s daughter, and brain stroke treatment for actor Rahul Roy. Salman Khan also demonstrated compassion through gestures like rebuilding the home of a local woman and securing employment for her grandson during the ‘Bajrangi Bhaijaan’ shoot.
In response to the COVID-19 pandemic, Salman Khan extended financial assistance to 25,000 daily-wage workers from the Bollywood industry, mitigating the impact of the lockdown. These charitable efforts not only reflect Salman Khan’s generosity but also his commitment to making a difference in society.
Controversies and Legal Issues
While Salman Khan’s life is marked by success and generosity, it has not been without its share of controversies and legal issues. He has faced several incidents that have made headlines, including a hit-and-run case, a tumultuous relationship with Aishwarya Rai, and blackbuck hunting and arms act violations cases.
The following sections will shed more light on these incidents.
In a case that stunned the nation, Salman Khan was charged with culpable homicide for a hit-and-run incident. He was initially found guilty of all charges in the case. In December 2015, Khan was acquitted of all charges. The verdict was given due to insufficient evidence.
This case, involving Salman’s Lexus LX series SUV, was one of the most high-profile legal issues the superstar has faced.
Relationship with Aishwarya Rai
Allegations of harassment, abuse, and infidelity marked Salman Khan’s relationship with former Miss World Aishwarya Rai.
Aishwarya Rai accused Salman of harassing her, and her parents complained to him. She also highlighted his misbehavior and infidelity.
Describing the relationship as a ‘nightmare,’ Aishwarya cited alcoholism and abuses, including verbal, physical, and emotional turmoil, as reasons for their eventual split.
Blackbuck Hunting and Arms Act Violations Cases
Salman Khan faced charges of poaching endangered antelopes and using firearms with an expired license in the blackbuck hunting case. He initially received a sentence of one year in prison for the case.
The Rajasthan government accused Salman Khan of providing a fake affidavit during the Arms Act case proceedings. However, the Jodhpur District and Sessions Court dismissed the Rajasthan Government’s plea against Salman Khan for the alleged phony affidavit.
After combined hearings with another pending case regarding the 1998 blackbuck poaching case, Salman Khan was eventually acquitted after appeals and lack of evidence.
Accolades and Achievements
Despite the ups and downs, Salman Khan’s stellar career is adorned with numerous accolades and achievements. He has amassed a total of 46 wins and 139 nominations from various prestigious awards. Some of his notable accomplishments include:
- Filmfare Award for Best Supporting Actor in 1999 for his performance in ‘Kuch Kuch Hota Hai’
- Screen Award for Best Actor for his roles in ‘Dabangg’ and ‘Dabangg 2’
- Awards at ceremonies like the International Indian Film Academy, Zee Cine, and National Film Awards
These awards reflect his success and recognition in the Indian film industry.
His film ‘Sultan’ was awarded Best Actor at the Tehran International Sports Film Festival, marking his influence on both national and international stages. Beyond film, Salman Khan’s impact has been recognized with the following accolades:
- Rajiv Gandhi Award for Outstanding Achievement in Entertainment
- Habitat Humanity Ambassador by the IIFA
- Nickelodeon Kids’ Choice Award win in India
- Ranked number 3 in a poll by NDTV as one of ‘India’s Greatest Actors’
These accolades not only attest to his talent and popularity but also solidify his position as a Bollywood actor and superstar.
Salman Khan's Car collection list.
The collection featured SUVs like the Lexus LX 470, Mercedes-Benz GL-Class, BMW X6, and the iconic Range Rover Vogue. In addition to his penchant for luxury, Salman Khan also displayed a love for high-performance cars, as evident by his possession of the Audi R8.
Frequently Asked Questions
Which Bollywood family is the richest?
The richest Bollywood family is believed to be the Khan family, with an estimated net worth of Rs 5,259 crore. This includes Salman Khan's net worth of Rs 2,850 crore.
What is the net worth of the Khan brothers?
The net worth of the Khan brothers, including the assets of both Sohail and Arbaaz Khan, is reported to be around Rs 900 crore. They are behind Salman Khan in terms of net worth.
How much is Salman Khan's house worth?
Salman Khan's luxurious sea-facing bungalow in Gorai is worth around Rs 100 crore, according to reports. In addition to being a tourist attraction, the property features amenities like a dirt bike arena, swimming pool, small theatre, and gym.
What is Salman Khan's net worth?
Salman Khan's estimated net worth is approximately $350 million.
How does Salman Khan earn his money?
Salman Khan earns his money from his movies, television appearances, brand endorsements, and business ventures. He has multiple income sources to support his lifestyle.
From a budding actor to a Bollywood superstar, from a business entrepreneur to a philanthropist, Salman Khan’s journey is nothing short of extraordinary. With a net worth of $350 million, a portfolio of luxurious assets, and a heart for charity, Salman Khan is a genuine Sultan of Bollywood.
His journey, marked by immense success, philanthropy, and controversies, makes him one of the most intriguing personalities in the industry.
As we conclude, it’s safe to say that Salman Khan’s empire, built on talent, hard work, and resilience, truly reflects the superstar’s mantra – “Once a superstar, always a superstar!”