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Who says I have no money, asks Preity Zinta

Bollywood actor Preity Zinta opens up about her financial investments, the funding for her T20 franchise, and the "mistakes" she made and and failures she faced as a film producer.

entertainment Updated: Feb 27, 2014 17:37 IST
Dibyojyoti Baksi
Dibyojyoti Baksi
Hindustan Times
preity zinta,entertainment,bollywood

Of late, whenever

Preity Zinta

has been in the news, it’s been regarding her financial troubles.

A rumour earlier this month claimed that she was leasing out her apartment in Khar.

Preity invited us for a chat at the very same apartment. "I’m doing the interview here, because this is the building reports said I don’t live in anymore," she says.

In clarification mode, she also defends her business investments, including her T20 franchise, and a film production venture that flopped.

Was it disappointing that your first film production venture didn’t work?

Yes, but tell me one production house that didn’t have a failure. I’ve done lots of things right, and I’ve had a lot of success, so it was okay to have a failure. I was new to the role of a producer, so I made mistakes, and some wrong choices. Having said that, I’m proud of my first venture. I put in a lot of hard work. And I took responsibility for the things I did right, and for the things I did wrong. There were losses, but they were mine.

No one else lost money

in it.

Has acting taken a back seat?


not done with acting.

But I’m not going to wear small bits of cloth and dance around. I didn’t do it when I started my career; I won’t do it now. Unless I get a role which is powerful, it won’t appeal to me. I’m glad I made business investments, because it gave me the confidence financially to make brave choices. If I hadn’t done that, I’d still have been trying to play 19-year-olds in films. I know there are other avenues for me.

Could you tell us about the ‘avenues’ in which you plan to invest?

There are a lot of things. Give me a month or two, I’ll talk about them. I don’t want to speak about it before the IPL (

Indian Premier League

), because that might damage my business interests. Just like a script, you need to keep a business plan to yourself.

Your last hit film was in 2006, with Kabhi Alvida Naa Kehna; your production didn’t make money. Has it been hard to find funding for your ventures?

I did films from 1998 to 2007. I made some sensible investments for me to be able to do what I’m doing now. Why are my ventures so difficult to comprehend? At one time, I was among the highest tax-paying Bollywood actresses. After Mr (Amitabh) Bachchan, I had the most number of endorsements. If I had a financier investing on my behalf, would he/she have let me take all the credit at the IPL? There was such a big issue, with the Enforcement Directorate looking into IPL accounts. If it wasn’t my money, wouldn’t they have

caught me


First Published: Feb 27, 2014 09:44 IST