Bollywood actor Suniel Shetty has also established himself as an ace investor, entrepreneur and producer over the years. He entered the hospitality sector with Mischief Dining Bar and Club H2O. Apart from this, he has invested in the retail sector and start-ups such as health-tech Vieroots, wellness nutrition brand BodyFirst, and fitness brand Aquatein
Suniel Shetty also has a production banner called Popcorn Entertainment, and is the founder of FTC Talent Media & Entertainment Pvt. Ltd, an all-inclusive digital portal that offers jobs in films, television, advertisements, theatre, and live events. Coming from a business family, Shetty started to work at the age of 16 at his father's restaurant
In a recent LinkenIn post, Suniel Shetty wrote how his family had taught him and his sisters to be frugal and how it had been his "default setting." The actor also revealed how his ‘middle class values’ helped him control his temptations for a ‘flashy lifestyle’. He wrote, "Growing up, my family had a very basic standard of living. We didn’t have a lot, just about enough. We definitely did not have the luxuries that we take for granted today.”
The actor recalled that his parents taught all the siblings the importance of saving and building for the future through the way they lived and worked. "I think frugality was our default setting, and has remained so. When I look back now, I realise how my parents were clear about their approach to money. They saw to it that whatever excess they had, went into uplifting their children’s lives through knowledge and experiences, growing the business and helping the community," wrote Suniel Shetty
In his long LinkedIn post, Suniel Shetty said that when he entered the entertainment industry and started earning a substantial income, there was the occasional temptation to succumb to the allures of a flashy lifestyle. He said, "But my middle-class values ensured that I looked at most money decisions from a long-term lens.”
Talking about his wife and kids, Suniel Shetty revealed that Mana had a similar mindset as him regarding money. "Together, we were fairly disciplined with how we went about our spending and investments. We did indulge now and then on a few luxuries, but to date our wisest investments have been our homes and education for the kids," the actor wrote
Talking more about lifestyle, frugality and investments, Suniel Shetty wrote, "Mana & I prioritise long-term stability over short-lived extravagance. Frugality continues to be my default setting, and that’s allowed us to create a pool of investments across a few different asset classes. Diversification is important, yet I know my boundaries. I do not pursue something I don't fully understand."
In his post, Suniel Shetty asked all the youngsters, especially those in the early years of their careers, to approach money with a sense of purpose and responsibility. "Enjoy the benefits of financial success, but do it with humility and awareness of the greater good it can achieve in the long run. Plan it like you’re running a marathon," he wrote
Sharing more wisdom with his LinkenIn followers, Suniel Shetty said that understanding money, the power of compounding, taxes and how investments work is an absolute must. He said, "Educate yourself about all of this, or get advice from trusted professionals. But learn the art of making wise investments and financial planning.”
Sharing more valuable lessons with people, Suniel Shetty mentioned that consistency is key – "instead of chasing quick or easy gains, focus on building a strong and sustainable investment strategy that will serve you well into the future," he wrote adding, "to the extent possible, always give back to the community and those who helped you along the way."