Karan Johar: Shah Rukh Khan’s KKR Overshadows His Film Career
Bollywood celebrities often diversify their income through various business ventures rather than solely relying on film earnings. Not all celebrity-led brands succeed, but those that do tend to generate substantial revenue.
Karan Johar Discusses Shah Rukh Khan’s KKR Success
In a recent interview with Sarthak Ahuje, filmmaker Karan Johar highlighted the significant success of Shah Rukh Khan’s investment in the Indian Premier League (IPL) team, Kolkata Knight Riders (KKR). Karan emphasized that this venture has outperformed Khan’s film career.
The Origins of KKR
Shah Rukh Khan partnered with KKR when the IPL was launched in 2007. Karan Johar called this partnership a “genuine, amazing, master partnership,” reflecting on its enduring success. At the outset, Khan acquired a 55 percent stake in KKR, which was valued around Rs 300 crore.
Current Valuation and Stake Increase
- Shah Rukh Khan is reportedly considering purchasing an additional 35 percent stake in KKR.
- This transaction could cost around Rs 4,000 crore, showcasing the escalating valuation of the franchise.
Karan Johar attributes KKR’s growth to Khan’s active involvement and dedication. He explained that Khan’s passion for cricket and strategic engagement with the team contribute to its success, making it potentially more profitable than his film ventures.
Other Successful Celebrity Ventures
Johar also mentioned Alia Bhatt’s Ed-a-Mamma and Katrina Kaif’s Kay Beauty as examples of successful celebrity brands. He noted their genuine engagement with these businesses, which is crucial for sustained success.
The Importance of Genuine Engagement
Karan pointed out that consumers can easily discern whether a celebrity is sincerely involved in their brand or merely lending their name to it. He emphasized the value of true engagement over superficial promotion.
Karan Johar’s Business Aspirations
While Karan Johar contemplated launching a streetwear brand, he ultimately decided against it, realizing the market was saturated with global competitors. Instead, he shifted his focus to Tyaani, a jewelry brand that aligns with his personal passion. This decision was partly influenced by his childhood experiences with his mother’s love for jewelry.
As the face of Tyaani, Karan Johar actively participates in its operations, indicating his commitment to this venture.
Film enthusiasts and industry observers can follow Karan Johar’s insights on partnerships and brand management at Filmogaz.com.