Biography Journey

Ronnie Screwvala net worth

Ronnie Screwvala, whose real name is Rohinton Soli Screwvala, is an Indian businessman. He is regarded as one of India’s most important businessmen and the country’s pioneer of cable television.

He has been one of the principal Indian financiers of tech and new economy startups. As a multi-talented individual, Screwvala has founded UTV Software Communications, chaired and co-founded upGrad, produced films, is a philanthropist, an author, and one of the most well-known figures in the film industry.

Ronnie Screwvala wiki

Real NameRonnie Screwvala 
ProfessionEntrepreneur

 Philanthropist

 Producer

 Author

Date of birth8 September 1956 (Saturday)
Height 5 feet 11 inch 
Weight77 kg 
Eye colorbrown
Birth PlaceBombay, Maharashtra (now Mumbai)
schoolCathedral and John Connon School, Mumbai
universitySydenham College of Commerce and Economics, Mumbai
parentsFather:  not know

Mother:  not know

Material statusmarried
wifeFirst Wife- Manjula Nanavati (divorced; daughter of Suresh Nanavati, who is the chairman of Nanavati Hospitals in Mumbai)

Second Wife- Zarina Mehta (co-founder of UTV and co-trustee of philanthropic foundation, The Swades Foundation)

Children 1(Trishya Screwvala)
networth12800 crore

Ronnie Screwvala Net worth 2024?

The founder of UTV and an Indian entrepreneur, Ronnie Screwvala, has a net worth of 12,800 crores (Indian Rupees). This enormous financial accomplishment is a result of his notable success in the business and entertainment sectors, which also highlights his influence on the Indian media landscape and reinforces his standing as a leading figure in the field.

Ronnie Screwvala Early Life

Mumbai, India is the birthplace of Indian businessman and philanthropist Ronnie Screwvala, who was born on September 8, 1962. His early years were spent in a middle-class household. After attending the Cathedral & John Connon School in Mumbai, Ronnie went on to Sydenham College to complete his undergraduate studies in commerce.

Ronnie demonstrated an entrepreneurial spirit by participating in a variety of endeavors during his time in college. In his neighborhood, he first made money by selling cable television subscriptions.

His aptitude for business and creativity started to blossom even at an early age.

Ronnie Screwvala Early Life

Ronnie entered the entertainment business after graduating from college and started UTV Software Communications in 1990. The business expanded to rank among India’s top media and entertainment conglomerates. Ronnie had a big influence on how the Indian entertainment industry developed.

His early experiences prepared him for a successful career characterized by entrepreneurship, creativity, and a dedication to changing the world for the better in several fields.

Ronnie Screwvala Career

Astute businessman Ronnie Screwvala has a lot of accomplishments under his belt. Initially, he founded “Laser,” the largest toothbrush manufacturing company in the nation, producing about 6 million brushes monthly for most of the top toothbrush brands in India. Along with founding Tele-Shopping Network (TSN), which revolutionized home shopping in India, he is credited with launching cable television there in 1981.  He went on to found United Studios, the premier studio and animation complex in South Asia.

In 1990, Screwvala established the UTV Group and expanded it into a top film studio, a games studio, and an innovative content provider. In 2005, it went public and was listed on a stock exchange. The largest foreign investment in India was made by The Walt Disney Company in 2008 when it paid Rs. 118.98 crores to acquire a 15% stake in UTV Global Broadcasting.

This was followed by an acquisition of 32.1% in the parent company, UTV Software Communications Ltd., for Rs. 805.05 crore. 2012 saw Screwvala sell the entire business to the WDC. As a result, he became well-known throughout the media world.

The Swades Foundation

Ronnie and his spouse Zarina co-founded the Swades Foundation. With a primary focus on livelihood opportunities, the initiative aims to lift one million people out of poverty. It is working on water, sanitation, health, and education in 2000 villages across a 3000 sq km concentric geography in Raigad, Maharashtra.

To investigate the unexplored areas of the education sector, upGrad Skrewvala co-founded upGrad, the largest online education company in India, in 2015. It is a platform for higher education that offers working professionals, businesses, and college students courses in data science, technology, and management. Universities like IIT Madras, IIIT-B, BITS Pilani, MICA, Cambridge Judge Business School Executive Education, etc. are affiliated with upGrad.

USports: Kabadi, ESports, and Football were the three main focuses of USports, which was co-founded by Screwvala. Through an initiative called UDreams, USports assists in providing professional training for kids participating in these sports so they can compete internationally.

Ventures Unilazer

Screwvala founded Unilazer Ventures, a private equity firm that makes early-stage investments in Indian new economy companies and start-ups, contributing his entrepreneurial expertise to the ventures through a sizeable minority stake. Unilazer has made investments in a diverse range of industries, including e-commerce, AI and bots, microlending, agriculture, and Lenskart, India’s top online eyewear retailer.

RSVP Films

RSVP Pictures marked Screwvala’s return to the media and film business. The primary goal is to concentrate on writing original scripts.
Numerous indie films of all genres, mainstream blockbusters, and modern Bollywood classics have all been produced by Film Screwvala. Ronnie has produced several noteworthy films, including Uri: The Surgical Strike (2019), Paan Singh Tomar (2010), Jodha Akbar (2008), Rang De Basanti (2006), Chup Chup Ke (2006), and Swades (2004).

On TV
In addition, Ronnie has produced several popular television programs, including Hero – Bhakti Hi Shakti Hai (2005–07), Khichdi (2002–04), Shaka Laka Boom Boom (2000–04), and Shanti (1994–98).

Ronnie Screwvala Awards

  • listed as one of the 75 Most Influential People of the 21st Century by Esquire
  • Listed 78th out of the 100 most powerful people in the world according to Time 100 (Time Magazine, 2009)
  • Rang De Basanti won Best Popular Film Providing Wholesome Entertainment at the 2007 National Film Awards. It was nominated for a BAFTA Award for Best Non-English Film.
  • won Best Film at the 2007 IIFA Awards and Filmfare Awards for Rang De Basanti.
  • Jodha Akbar won Best Film at the 2009 IIFA Awards and the 2009 Filmfare Awards.
  • won Best Film at the 2013 IIFA and Filmfare Awards! Kudos to Barfi!

Ronnie Screwvala Controversy

A divisive tweet about multiplexes

Big multiplexes, such as PVR, have been the target of frequent tweets from Ronnie Screwvala, who claimed that they unfairly charge producers a high Virtual Print Fee (VPF). Ronnie posted on Twitter,

“Multiplexes earn a handsome amount of approximately 400 crores per year by unfairly charging producers Virtual Print Fee (VPF).”
Subsequently, PVR officials complained to SEBI about him for disseminating false information that hurt their company. When Ronnie was questioned by the media about it. He declared,

“I recently came upon a press article concerning a complaint that PVR brought before SEBI in reaction to our grievance to the Competition Commission of India. I stand by everything we said in our complaint to the CCI; nothing is malicious or defamatory.

Ronnie Screwvala Controversy

The multiplexes have not provided an explanation for their discriminatory practice of favoring Hollywood films over Marathi, Hindi, and Indian films, or for making ticket holders sit through more than 15 minutes of advertising despite having paid for their tickets. These actions are not in the best interests of the country or the patrons.

It would be fair to say that the multiplex owners are engaging in divide-and-conquer behavior until they realize that the content creators bear the majority of the risk and are merely a service provider, not a major revenue source. There is not much time left.

Facts About Ronnie Screwvala

  • Producer of both TV and movies, Ronnie Screwvala is an Indian businessman. He is well-known for founding UTV, a production and distribution company for motion pictures.
  • He founded a theater company and took part in a few plays after receiving his degree.
  • After that, he founded “Laser,” a toothbrush manufacturing business that quickly became well-known among customers. The company is expected to sell about 6 million toothbrushes a month by 2022.
  • With the Tele-Shopping Network (TSN), he introduced home shopping to India in 1981. He was also a major player in the establishment of cable television in India.
  • He is the creator of “United Studios,” one of South Asia’s top animation studios.
    Ronnie founded the UTV Group, a film production company, in 1990 and went on to grow it into a game studio, movie studio, and creative company. It went public on the National Stock Exchange of India in 2005.
  • For Rs 118.98 crores in 2008, The Walt Disney Company acquired 15% of UTV Global Broadcasting, making it one of the biggest foreign investments in India. Afterward, for Rs 805.05 crore, Walt Disney purchased 32.1% of the parent company, UTV Software Communications Ltd. Walt Disney divested UTV Global Broadcasting in 2012.
  • After that, Screwvala founded Unilazer Ventures, a private equity firm, and has made investments in several sectors, including microlending, e-commerce, and Lenskart.
  • Ronnie participates in several social services as well. He and his wife Zarina founded the non-governmental organization Swades Foundation in 2013. The NGO was founded primarily to offer different livelihood options in India.
    RSVP Movies is an Indian film production company that Ronnie founded in 2014.
  • In the Indian film industry, he is a household name. Numerous Hindi films, including Uri: The Surgical Strike (2019), Paan Singh Tomar (2010), Rang De Basanti (2006), Swades (2004), and The Sky is Pink (2019), have been produced by him.
  • In addition to his film work, he has produced several Hindi TV serials, including Hero – Bhakti Hi Shakti Hai (2005–07), Khichdi (2002–04), Shaka Laka Boom Boom (2000–04), and Shanti (1994–98).
  • Dream with Your Eyes Open, An Entrepreneurial Journey, Skill It Kills It, Up Your Game, and others are written by him.
  • In addition, he has written a few articles, including “Traveling the Triple E Highway: Education, Entrepreneurship, and Employment,” “Live Life on Your Terms and Other Lessons for My Daughter,” and “The Growing Realization of self-reliance in India is a welcome change, but not without it.”

FAQs

 Who is Ronny From Shark Tank India?

This season, Ronnie Screwvala, who recently joined the panel, talked about how he produced the movie that was hailed as being “ahead of its time.” By using 100% recycled plastic to make sunglasses and other products, the startup Without by Anish is revolutionizing recycling.

Is the Richest Shark Amit Jain?

Before creating the $365 million CarDekho.com, did you know that Amit Jain, the wealthiest shark on Shark Tank India Season 2, had been involved in ten unsuccessful startups? He is the proud owner of two successful businesses, InsuranceDekho.com and CarDekho.com, and a self-made billionaire.

Who on Shark Tank India Has Invested the Most Money?

NAMITA THAPAR

Up until week 10, the CEO and head of Emcure Pharmaceuticals was the largest investor on Shark Tank India season 2. This season, she has made investments totaling ₹19.04 crore.

By Riya

Hey, my name is Riya and i am a student and i have interest in writing and exploring my writing skill. i love to write the biography and in my life i been read almost more than 100 biography of stars. so here i decided to write the biodata of celebrity and inspiring people to do something great like these people even much more better than them.

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