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Bhushan Kumar’s family, the owners of T-Series, holds the title of Bollywood’s richest family, with a staggering net worth of over Rs 10,000 crore.
Bollywood’s most prominent families – the Khans, Kapoors, and Chopras – have long been synonymous with wealth and influence in the film industry. However, a recent revelation shook these perceptions, revealing that one family is not only rivaling their fortunes but far surpassing them. According to the latest Hurun India Rich List 2024, Bhushan Kumar’s family, the owners of T-Series, holds the title of Bollywood’s richest family, with a staggering net worth of over Rs 10,000 crore.
T-Series, originally a small music company, became a giant not only in the music industry but also in film production, making it one of the most influential entities in the entertainment world. Over the years, T-Series has delivered countless superhits, establishing its place as a leading force in the Bollywood film industry.
The story of T-Series and its success is closely tied to the visionary leadership of Bhushan Kumar, who inherited the mantle from his father, the legendary music mogul Gulshan Kumar. Gulshan Kumar’s journey began in the 1970s as a small fruit vendor in Delhi, but his entrepreneurial spirit led him to start a music cassette shop with his father. Over time, his business expanded, and in 1983, he founded Super Cassettes Industries, which later became T-Series.
Under Gulshan Kumar’s leadership, T-Series rose to prominence in the 1980s and 1990s, largely due to its dominance in the music industry, producing blockbuster soundtracks for countless Bollywood films. Tragically, Gulshan Kumar was assassinated in 1997, but his son, Bhushan Kumar, took over the reins and steered the company into the world of film production, expanding its reach and success even further.
Today, T-Series is not just a record label but a thriving entertainment conglomerate, with its own state-of-the-art film studio, production house, and a growing presence in the digital world. The company also runs the Gulshan Kumar Film and Television Institute in Noida, which continues to train aspiring filmmakers.
While the Hurun India Rich List does not disclose specific details about individual net worths, estimates suggest that Bhushan Kumar holds a commanding 80% stake in the family fortune, with the remaining share controlled by his uncle, Kishan Kumar, who co-owns T-Series.
The Kumar Family’s Wealth
The wealth of Bhushan Kumar’s immediate family is also noteworthy. His sister, Tulsi Kumar, a renowned playback singer, is reported to have a net worth of approximately Rs 250 crore, while his other sister, Khushali Kumar, has amassed a fortune of around Rs 100 crore.
In comparison to other Bollywood powerhouses, Bhushan Kumar’s family’s wealth surpasses even some of the biggest names in the industry. The family’s total fortune is estimated at Rs 10,000 crore, significantly higher than that of the legendary Chopra family, who head Yash Raj Films, valued at around Rs 8,000 crore.
The Khans: A Distant Second
While Salman Khan, Shah Rukh Khan, and Aamir Khan are often considered the epitome of Bollywood wealth and success, they fall well behind Bhushan Kumar’s family in terms of net worth. Shah Rukh Khan’s family wealth is estimated at Rs 7,500 crore, while Salman Khan’s is considerably lower, standing at Rs 3,500 crore. Despite their massive stardom and influence, the Khan family is no longer the richest in the industry.