Bachchan changes INR 16m to INR 1.12b

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There are currently two types of people in the world; those making money through cryptocurrency, and others who are still struggling to understand how blockchain investing works.

For Pakistanis, cryptocurrency recently came into the limelight when TV host turned influencer and crypto enthusiast Waqar Zaka did the unsolicited work of making people understand how the bitcoin network works. While many may have laughed at him earlier, it seems he was right after all, and Bollywood superstar Amitabh Bachchan’s paybacks are proof of that!

According to an article in Economic Times, the Piku actor and his son, Abhishek Bachchan, have invested around $250,000 (INR 16 million) in a Singapore-based company called Meridian Tech Pte, founded by Venkata Srinivas Meenavalli. The investment brought in $17.5 million (INR 1.12 billion) over a period of two and a half years.

According to Firstpost, this was not the only crypto investment that gave Bachchan a significant return. His other investments also worked in his favor. Naturally, he got a 10.2% return on his investment in JustDial, making INR 70 million out of INR 6.27 million in just four months. He had purchased 62,794 shares of JustDial in 2013.

In other news, the veteran actor has key projects underway including Runway 34, Brahmastra, Jhund, Goodbye and The Intern.

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