Chetan Bhagat Net Worth

Chetan Bhagat is renowned among Indian youth due to his engaging and relatable stories. He combines simple language with his unique style, making his books relevant to a wide audience. Over the years, he has gained recognition in the literary world, building a huge fortune. In this article, we will look at Chetan Bhagat net worth, his monthly income and the house he owns.

Chetan Bhagat Wiki

Chetan Bhagat is an accomplished Indian author, columnist, and YouTuber. His literary works have been successfully transformed into cinematic adaptations, with five of his novels making their way to the big screen.

Chetan Bhagat Net Worth, Monthly Income, House

Chetan Bhagat, a renowned Indian author, has captured the hearts of readers with his engaging and relatable stories. He pursued a successful career in investment banking before venturing into writing. His unique writing style, marked by simplicity and humor, resonates with a wide audience, making his books popular across India and beyond.

Chetan Bhagat‘s Personal Life

Chetan Bhagat, born on April 22, 1974, in New Delhi, India, was raised in a traditional Punjabi Hindu family. His father, Chandra Shekhar Bhagat, held the rank of lieutenant colonel in the Indian Army, and his mother, Kusum Bhagat, worked as a scientist at the Indian Agricultural Research Institute in New Delhi. Chetan Bhagat tied the knot with Anusha Suryanarayan in 1998 after crossing paths with her during their college years at IIM. They are parents to twin sons, Shyam Bhagat and Ishaan Bhagat.

Chetan attended the Army Public School in Dhaula Kuan. During his school years, around the age of 15, he was an average student. However, it was during this time that his passion for writing took root. He started contributing articles to his school’s literary magazine, and the experience of seeing his name in print as a writer motivated him to continue honing his writing skills.

In 1995, Chetan Bhagat earned a B. Tech. degree in Mechanical Engineering from the Indian Institute of Technology, Delhi. Subsequently, he pursued a Master of Business Administration (MBA) with a focus on marketing at the Indian Institute of Management, Ahmedabad (IIMA), graduating in 1997. Notably, in June 2018, IIMA recognized his achievements by presenting him with the “Young Alumni Achiever’s Awards 2018” in the Art & Entertainment category.

His Career

After completing his MBA in 1997, Chetan Bhagat secured a position at Peregrine Investments Holdings in Canada through campus placement. Unfortunately, the company closed down within six months, leading to him losing his job. Undeterred, he then joined Goldman Sachs as an investment banker in Hong Kong, despite dissatisfaction with his boss. Interestingly, the unfavorable boss served as inspiration for the antagonist in his second novel, One Night @ the Call Center.

While at Goldman Sachs, Chetan Bhagat spent a significant amount of time writing, ultimately completing his first novel, Five Point Someone. After two years, Rupa Publications accepted his manuscript for publication. By 2006, he had risen to the position of Vice President at Deutsche Bank in Hong Kong. In 2008, he returned to India and joined Deutsche Bank’s distressed-assets team in Mumbai. That same year, his third novel, The 3 Mistakes of My Life, was published and quickly sold 700,000 copies in three months.

In 2009, Chetan Bhagat made a bold decision to leave his banking career and pursue writing full-time. His debut novel, Five Point Someone, was written during his tenure at Goldman Sachs and was eventually published in 2004. The story, centered around three IIT students who view themselves as below-average, was later adapted into the highly successful Bollywood film 3 Idiots. Following the success of his first novel, Chetan continued his writing journey with One Night @ the Call Center in 2005, which also achieved great success, becoming India’s fastest-selling book at the time. The novel was later adapted into the movie Hello.

Embracing writing as a full-time career, Chetan Bhagat’s subsequent novels, including The 3 Mistakes of My Life, 2 States, Revolution 2020, Half Girlfriend, and One Indian Girl, all enjoyed commercial success. His later works, such as The Girl in Room 105, One Arranged Murder, and 400 days, published in 2021, were also bestsellers. Beyond his literary accomplishments, he ventured into the entertainment industry as a celebrity judge on the dance reality show Nach Baliye Season 7. He also appeared in Netflix’s series Decoupled as himself, India’s bestselling author and rival to the lead character played by R. Madhavan.

In addition to his literary and entertainment pursuits, Chetan Bhagat expanded his presence to YouTube, offering motivational tips to young Indians through his channel. Furthermore, he launched the podcast show Deeptalk with Chetan Bhagat, where he engages in conversations with accomplished guests about their paths to success. Notably, he played a significant role in the screenplay writing for the film Kai Po Che (2013), based on his novel The 3 Mistakes of My Life, earning the Filmfare Award for Best Screenplay.

Chetan is well-known as a sought-after motivational speaker, having delivered inspiring talks at over 100 organizations across 50 cities worldwide. His engaging presentations resonate with a diverse audience, ranging from corporate settings and educational institutions to government bodies and volunteering agencies.

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Chetan Bhagat Net Worth

Chetan Bhagat net worth is believed to stand at around $28 million, equivalent to approximately Rs. 208 crores. There are expectations that his overall wealth will see a rise of 26% in the upcoming years.

Chetan Bhagat Income and Salary

Chetan Bhagat salary is estimated to be over Rs. 18 crores per annum, with a monthly income exceeding Rs. 1.5 crores. His earnings come from a variety of sources, including remuneration from book sales, payments for speeches, scriptwriting, and various other avenues. Beyond writing, he has ventured into the film industry, earning appreciation for his contributions. Furthermore, Chetan Bhagat has expanded his presence as a television personality, serving as a host and judge on various reality TV shows. In addition to his diverse career, he has made significant investments in multiple real estate properties.

Chetan Bhagat House

Chetan Bhagat purchased a luxurious apartment in Mumbai back in 2011, which is currently estimated to be worth approximately Rs. 6 crores. In 2022, he expanded his real estate portfolio by investing in a four-bedroom apartment on the second floor of a two-floor complex in Westend, South Delhi, at a cost of Rs. 11.6 crores.

His Assets

Chetan Bhagat’s car collection can be considered average, featuring models from renowned brands like the Mercedes S-Class priced at Rs. 1.80 crores, BMW at Rs. 96.20 lakhs, and Range Rover at Rs. 2.39 crores. Chetan Bhagat is the founder of the ASSET Foundation, an organization dedicated to supporting numerous young talents in securing employment opportunities and promoting social equality through the use of technology.

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Achievements of Chetan Bhagat

Over the years, Chetan Bhagat has been honored with numerous accolades:

• Chetan Bhagat received the prestigious title of the best outgoing student from IIM Ahmedabad in 1997.
• In the year 2000, he was honored with the Society Young Achiever’s Award.
• Chetan Bhagat was a recipient of the Publisher’s Recognition Award in 2005.
• In 2008, the New York Times recognized him as the top-selling English language novelist in the history of India.
• Time magazine recognized him in 2010, featuring him on the list of World’s 100 Most Influential People in the Artists category.
• Fast Company, the American business magazine, included him in the 100 Most Creative People 2011 list, ranking him at 47.
• In 2014, he clinched the CNN-IBN Indian of the Year award in the Entertainment category.
• Chetan Bhagat secured the 82nd position on the 2017 Forbes India Celebrity 100 list.
• His screenplay for Kai Po Che earned him the Best Screenplay award at the 2014 IBN Live Movie Awards.
• The Zee Cine Awards in 2014 honored him with the Best Story award for Kai Po Che.
• In 2022, Chetan Bhagat received the Golden Book Awards for his book 400 Days.

Chetan Bhagat’s net worth reflects his successful writing career. He has earned huge popularity as a renowned author and public figure.

Source: Chetan Bhagat House