Priyanka Chopra spoke on stage with Amazon Studios' head at Austin's South by Southwest Film Festival. AP
Priyanka Chopra spoke on stage with Amazon Studios' head at Austin's South by Southwest Film Festival. AP
Priyanka Chopra spoke on stage with Amazon Studios' head at Austin's South by Southwest Film Festival. AP
Priyanka Chopra spoke on stage with Amazon Studios' head at Austin's South by Southwest Film Festival. AP

Priyanka Chopra achieved pay parity for first time for role in Amazon Prime's Citadel


Selina Denman
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Priyanka Chopra Jonas has revealed that, after 22 years in the industry and roles in more than 70 films, she achieved pay parity for the first time while filming the upcoming Amazon Prime series Citadel.

The actress was speaking on stage with Jennifer Salke, head of Amazon Studios, at the South by Southwest Film & TV Festival, more commonly known as SXSW, in Austin, Texas.

“I might get into trouble … depends on who’s watching,” the Indian actress said on Friday. “I’ve been working in the entertainment industry for 22 years, and I have done about 70-plus features and two TV shows. But when I did Citadel, it was the first time in my career that I had pay parity.

“I’m laughing about this, but it’s kind of nuts,” she continued. “I put in the same amount of investment and work, but I get paid much less. But the ease in which Amazon Studios said: ‘That’s what you deserve, you are co-leads, that’s just fair.’

“And I was like: ‘You’re right, it’s fair.’ And I wonder: 'Did that happen because there are very few female decision-makers in Hollywood? Would that have been a different conversation if a woman didn’t make that decision?' Those are not conversations that happened very easily.”

Chopra has previously spoken about the lack of pay parity in Bollywood, revealing in a BBC interview last year that even during her heyday in India, she only earned 10 per cent of her male co-star's salary.

"I've never had pay parity in Bollywood. [The pay gap] is large, substantially large. And so many women still deal with that. I'm sure I will too if I worked with a male co-actor now in Bollywood. My generation of female actors have definitely asked [for equal pay]. We've asked, but we've not got it."

Citadel is a spy thriller produced by the Russo Brothers, starring Chopra Jonas alongside Richard Madden. The series premiere will be released on Prime Video on April 28 with two episodes.

The duo also used to opportunity to present a new clip from the big-budget series. Chopra Jonas and Madden play two former spies from a now-defunct global spy agency called the Citadel, which, according to Amazon, was “tasked to uphold the safety and security of all people — but was destroyed by operatives of Manticore, a powerful syndicate manipulating the world from the shadows".

To prevent Manticore from establishing a new world order, “the two spies embark on a mission that takes them around the world, all while contending with a relationship built on secrets, lies, and a dangerous-yet-undying love".

Chopra Jonas gave further insight into her character during the discussion. “Nadia is a complex woman. She bears the weight of the world — as most women do," she said. "She doesn’t like to show her real feelings and weaknesses. She’s the toughest one in the room. She’s always the one making decisions, making sure everyone gets home safe. And then you see her vulnerabilities when she’s alone, and I felt the burden of her character, it was just so much fun for me to chew into.”

The Hollywood pay gap became a topic of discussion last year after Jennifer Lawrence spoke out about her experiences in an interview with Vogue. “It doesn’t matter how much I do,” Lawrence said. “I’m still not going to get paid as much as that guy.

“What I have seen — and I’m sure other women in the workforce have seen as well — is that it’s extremely uncomfortable to inquire about equal pay. And if you do question something that appears unequal, you’re told it’s not gender disparity but they can’t tell you what exactly it is.”

Citadel will be released on Amazon Prime Video on April 28

Mercer, the investment consulting arm of US services company Marsh & McLennan, expects its wealth division to at least double its assets under management (AUM) in the Middle East as wealth in the region continues to grow despite economic headwinds, a company official said.

Mercer Wealth, which globally has $160 billion in AUM, plans to boost its AUM in the region to $2-$3bn in the next 2-3 years from the present $1bn, said Yasir AbuShaban, a Dubai-based principal with Mercer Wealth.

Within the next two to three years, we are looking at reaching $2 to $3 billion as a conservative estimate and we do see an opportunity to do so,” said Mr AbuShaban.

Mercer does not directly make investments, but allocates clients’ money they have discretion to, to professional asset managers. They also provide advice to clients.

“We have buying power. We can negotiate on their (client’s) behalf with asset managers to provide them lower fees than they otherwise would have to get on their own,” he added.

Mercer Wealth’s clients include sovereign wealth funds, family offices, and insurance companies among others.

From its office in Dubai, Mercer also looks after Africa, India and Turkey, where they also see opportunity for growth.

Wealth creation in Middle East and Africa (MEA) grew 8.5 per cent to $8.1 trillion last year from $7.5tn in 2015, higher than last year’s global average of 6 per cent and the second-highest growth in a region after Asia-Pacific which grew 9.9 per cent, according to consultancy Boston Consulting Group (BCG). In the region, where wealth grew just 1.9 per cent in 2015 compared with 2014, a pickup in oil prices has helped in wealth generation.

BCG is forecasting MEA wealth will rise to $12tn by 2021, growing at an annual average of 8 per cent.

Drivers of wealth generation in the region will be split evenly between new wealth creation and growth of performance of existing assets, according to BCG.

Another general trend in the region is clients’ looking for a comprehensive approach to investing, according to Mr AbuShaban.

“Institutional investors or some of the families are seeing a slowdown in the available capital they have to invest and in that sense they are looking at optimizing the way they manage their portfolios and making sure they are not investing haphazardly and different parts of their investment are working together,” said Mr AbuShaban.

Some clients also have a higher appetite for risk, given the low interest-rate environment that does not provide enough yield for some institutional investors. These clients are keen to invest in illiquid assets, such as private equity and infrastructure.

“What we have seen is a desire for higher returns in what has been a low-return environment specifically in various fixed income or bonds,” he said.

“In this environment, we have seen a de facto increase in the risk that clients are taking in things like illiquid investments, private equity investments, infrastructure and private debt, those kind of investments were higher illiquidity results in incrementally higher returns.”

The Abu Dhabi Investment Authority, one of the largest sovereign wealth funds, said in its 2016 report that has gradually increased its exposure in direct private equity and private credit transactions, mainly in Asian markets and especially in China and India. The authority’s private equity department focused on structured equities owing to “their defensive characteristics.”

Men’s singles 
Group A:
Son Wan-ho (Kor), Lee Chong Wei (Mas), Ng Long Angus (HK), Chen Long (Chn)
Group B: Kidambi Srikanth (Ind), Shi Yugi (Chn), Chou Tien Chen (Tpe), Viktor Axelsen (Den)

Women’s Singles 
Group A:
Akane Yamaguchi (Jpn), Pusarla Sindhu (Ind), Sayaka Sato (Jpn), He Bingjiao (Chn)
Group B: Tai Tzu Ying (Tpe), Sung Hi-hyun (Kor), Ratchanok Intanon (Tha), Chen Yufei (Chn)

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%3Cp%3E%3Cstrong%3EDirectors%3A%3C%2Fstrong%3E%20Amit%20Joshi%20and%20Aradhana%20Sah%3C%2Fp%3E%0A%3Cp%3E%3Cstrong%3ECast%3A%3C%2Fstrong%3E%20Shahid%20Kapoor%2C%20Kriti%20Sanon%2C%20Dharmendra%2C%20Dimple%20Kapadia%2C%20Rakesh%20Bedi%3C%2Fp%3E%0A%3Cp%3E%3Cstrong%3ERating%3A%3C%2Fstrong%3E%204%2F5%3C%2Fp%3E%0A
Results:

6.30pm: Handicap (Turf) | US$175,000 2,410m | Winner: Bin Battuta, Christophe Soumillon (jockey), Saeed bin Suroor (trainer)

7.05pm: UAE 1000 Guineas Trial Conditions (Dirt) | $100,000 1,400m | Winner: Al Hayette, Fabrice Veron, Ismail Mohammed

7.40pm: Handicap (T) $145,000 1,000m | Winner: Faatinah, Jim Crowley, David Hayes

8.15pm: Dubawi Stakes Group 3 (D) $200,000 1,200m | Winner: Raven’s Corner, Richard Mullen, Satish Seemar

8.50pm: Singspiel Stakes Group 3 (T) $200,000 1,800m | Winner: Dream Castle, Christophe Soumillon, Saeed bin Suroor

9.25pm: Handicap (T) $175,000 1,400m​​​ | Winner: Another Batt, Connor Beasley, George Scott

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Updated: March 11, 2023, 7:39 AM