Vivek Oberoi is a famous Bollywood actor. In recent times, he has been making a lot of headlines because of his 1200 crores net worth. He is one of the richest Indian actors, leaving behind famous stars like Allu Arjun, Ranbir Kapoor and Prabhas. Scroll down for details as he lists 3 secret formulas to financial freedom.
Apart from his acting career, Vivek has also invested deeply in his entrepreneurial journey. When he was around 16-17 years old he joined the stock market and built a portfolio. In fact, at the age of 22, he sold his tech startup to a multinational company.
Vivek Oberoi gives three tips for wealth creation:
1. Source of Income
As per discretion, individuals should define what is their source of income. If they are professionals they may have a steady flow of money or they may be blessed with generational wealth in a lump sum. Overall, one should be well aware of his active income.
2. Savings
Vivek Oberoi suggests saving three times the annual income in savings. Yes, you heard that right! This basically leads to a secure life for at least the next 3-5 years, no matter what. He also emphasizes on maintaining the 3X ratio in line with upgrades in lifestyle, income and other factors.
3. Surplus Income
The key step is to create an outlook through the surplus income earned by the individual.
what not to do?
During his college life, Vivek Oberoi built a portfolio of Rs 50-60 lakh with short-term and long-term investments in the stock market. Things turned upside down when he spent all his money and took a risk that caused him to lose everything! The Saathiya actor asked fans not to rely on speculation while investing their money but only on trusted sources.
Watch the full video below:
(Credit: Vivek Bindra/Youtube)
Vivek Oberoi Property
Vivek Oberoi enjoys a lavish lifestyle, which also includes a luxury car fleet. His collection includes a Lamborghini Gallardo, a Chrysler 300C Limousine, a Mercedes GLS 350d and a Mercedes GLE 250d.
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