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Navya Naveli Nanda, the granddaughter of Millennium Star Amitabh Bachchan and Jaya Bachchan, is hogging the headlines after her admission to IIM Ahmedabad. Soon after she enrolled for an online MBA programme at the prestigious institution, she faced online criticism. Some speculated her admission was influenced by her star lineage, others trolled her hinting at the possibility of a quota. Though an IIM professor defended the 26-year-old and clarified that she was admitted purely on merit, haters are yet to stop.
However, amid the backlash, it is well known that Navya has chosen an unconventional career path, instead of following her family's cinematic footsteps. She has embarked on a journey as an entrepreneur and social advocate. By the age of 21, she had already made significant strides in the world of business. Now, with her BPGP MBA, she will be able to enhance her managerial skills while continuing her professional pursuits.
Admirers are well aware that Navya is a heiress to significant wealth. Nikhil Nanda, her father is the Chairman and Managing Director of Escorts Kubota Limited. With a revenue of Rs 7014 crore (as of 2021), Escorts Kubota is a leading Indian Engineering conglomerate and operates in diverse sectors including construction, agricultural machinery and railway equipment. Nikhil holds a 36.59 per cent stake in the company and earns a salary of Rs 13.1 crore. At the age of 21, Navya joined the family business as a junior marketing manager and has been involved in various aspects of the conglomerate.
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Apart from her family business, she also co-founded Aara Health, a women-centric health tech company that provides scientifically-backed affordable healthcare solutions to women in the country. Moreover, she is the founder of Project Naveli, a non-profit organisation aimed at combating gender inequality through education, economic independence, and support for victims of domestic violence.
In addition to that, Navya is a popular figure on social media and known for her popular podcast, What The Hell Navya. The show is a hit among listeners.
A Glimpse into Navya's Luxurious Lifestyle
Undeniably, Navya's lifestyle reflects her affluent background. In November 2023, her grandparents Amitabh and Jaya transferred their Juhu mansion, Pratiksha, to Shweta Bachchan, Navya's mother. Pratiksha sprawls on 17, 000-square-feet and is worth Rs 50 crore. This property will be eventually inherited by Navya and her brother Agastya Nanda. In addition to that, Navya will likely inherit multiple other properties in Delhi and other cities from her father.
Currently, Navya's estimated worth stands at Rs 16.58 crore which combines her personal assets, business ventures and brand endorsements.
Amitabh Bachchan's Plans For Property Distribution
Recently, Amitabh Bachchan's plans for property distribution have gone viral. In an old interview in 2011, BigB spoke about how he raised his children with an equal approach. He further revealed that his property will be equally shared among Abhishek and Shweta.
During the interview with Rediff, the Kalki 2898 AD actor shared, “I had decided on one thing: that I would not differentiate between them. When I die, whatever little I have will be equally divided between my daughter and my son—there is no differentiation. Jaya and I decided on that a long time ago. Everyone says that a girl is ‘paraya dhan,’ that she goes to her husband’s house, but in my eyes, she is our daughter, and she has the same rights as Abhishek."
Notably, Amitabh Bachchan and his family were named the fourth-richest Bollywood entity by the Hurun India Rich List 2024. The net worth of the Millennium Star’s family was reported to be Rs 1,600 crore.
