• Sonam Kapoor Ahuja in a Jean Paul Gaultier gown at her Cannes appearance in 2011. Getty
    Sonam Kapoor Ahuja in a Jean Paul Gaultier gown at her Cannes appearance in 2011. Getty
  • She and her husband Anand Ahuja own VegNonVeg, a multi-brand sneaker store with outlets in Mumbai and Delhi. Getty
    She and her husband Anand Ahuja own VegNonVeg, a multi-brand sneaker store with outlets in Mumbai and Delhi. Getty
  • Ms Kapoor Ahuja, 36, has a net worth of $13 million, according to estimates by Indian media websites. Getty
    Ms Kapoor Ahuja, 36, has a net worth of $13 million, according to estimates by Indian media websites. Getty
  • The star has her own fashion brand, Rheson, which she launched in 2017 with her sister Rhea. Getty
    The star has her own fashion brand, Rheson, which she launched in 2017 with her sister Rhea. Getty
  • Ms Kapoor Ahuja's husband, a garment and fashion entrepreneur, owns clothing label Bhane. Getty Images
    Ms Kapoor Ahuja's husband, a garment and fashion entrepreneur, owns clothing label Bhane. Getty Images
  • The couple reportedly share a home in London and own a bungalow in Delhi. Getty
    The couple reportedly share a home in London and own a bungalow in Delhi. Getty
  • Ms Kapoor Ahuja has made an investment into blockchain-based game MechaFightClub. Getty
    Ms Kapoor Ahuja has made an investment into blockchain-based game MechaFightClub. Getty
  • The star wears a white gown by Ralph & Russo in 2016. Getty
    The star wears a white gown by Ralph & Russo in 2016. Getty
  • The star is expecting her first child with husband Anand Ahuja in the autumn. Getty
    The star is expecting her first child with husband Anand Ahuja in the autumn. Getty
  • The actress, who made her Bollywood debut in 2007, got married to Mr Ahuja, 38, in Mumbai in 2018. Getty
    The actress, who made her Bollywood debut in 2007, got married to Mr Ahuja, 38, in Mumbai in 2018. Getty
  • Besides acting, she's also a fashion influencer and is spotted regularly at international red carpet events, most notably the Cannes Film Festival, which she's been been attending for a decade as a L'Oreal ambassador. Getty
    Besides acting, she's also a fashion influencer and is spotted regularly at international red carpet events, most notably the Cannes Film Festival, which she's been been attending for a decade as a L'Oreal ambassador. Getty
  • She moved to London with her husband in 2021, and lives there now. Getty
    She moved to London with her husband in 2021, and lives there now. Getty
  • Ms Kapoor Ahuja is the daughter of Bollywood star and Slumdog Millionaire actor Anil Kapoor. Getty
    Ms Kapoor Ahuja is the daughter of Bollywood star and Slumdog Millionaire actor Anil Kapoor. Getty
  • She has been a stalwart of the global red carpet for more than 10 years now, often appearing front row at fashion weeks, and regularly turning up to the Riviera for Cannes Film Festival. Getty
    She has been a stalwart of the global red carpet for more than 10 years now, often appearing front row at fashion weeks, and regularly turning up to the Riviera for Cannes Film Festival. Getty
  • The star has a large audience of more than 20 million followers on Instagram and 13 million on Twitter. Getty Images
    The star has a large audience of more than 20 million followers on Instagram and 13 million on Twitter. Getty Images
  • The actress in dusky rose tailoring from Boguessa. Getty
    The actress in dusky rose tailoring from Boguessa. Getty
  • The Neerja actress steps out in a retro Kojak Studio suit. Getty
    The Neerja actress steps out in a retro Kojak Studio suit. Getty
  • Ms Kapoor Ahuja in a two piece by her go-to American designers Ralph & Russo. Getty
    Ms Kapoor Ahuja in a two piece by her go-to American designers Ralph & Russo. Getty
  • The star attends a Stella McCartney dinner wearing a look by Indian designer Anamika Khanna. Getty
    The star attends a Stella McCartney dinner wearing a look by Indian designer Anamika Khanna. Getty
  • The Bollywood star sports a classic look by Escada. Getty
    The Bollywood star sports a classic look by Escada. Getty
  • The star in a Calvin Klein suit. Getty
    The star in a Calvin Klein suit. Getty
  • Ms Kapoor Ahuja in a Ralph & Russo creation. Getty
    Ms Kapoor Ahuja in a Ralph & Russo creation. Getty

Celebrity Net Worth: Sonam Kapoor Ahuja invests in blockchain-based game


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Sonam Kapoor Ahuja

Bollywood actress Sonam Kapoor Ahuja has invested in the blockchain-based game MechaFightClub (MFC), she said on social media last week.

The company developing the game said Kapoor Ahuja’s experience, audience and expertise would help it bring MFC to India and the Indian diaspora, as well as work to establish MFC as the premiere P2E experience the UK and parts of North America.

“I’ve grown up playing video games and love everything about them. The art, the storytelling, the creativity that goes into developing a game that is exciting today and also stands the test of time is something that’s always intrigued me,” she said on Twitter.

“All this drew me to MFC, and what’s more groundbreaking is how MFC is bringing the video gaming industry into the next chapter of Web3.”

The play-to-earn game is being launched by Irreverent Labs, a developer of artificially intelligent entertainment products. Players can buy and sell mechanical roosters in the game, which is inspired by the controversial street sport of cockfighting. Non-fungible tokens are used to verify that each chicken is unique.

The investment was part of a recent Series A funding round joined by venture firms a16z and Solana Ventures, as well as Michael Ovitz, founder of talent management company Creative Artists Agency.

“Sonam is one of the biggest film stars on Earth, reaching an audience of over a billion people with blockbusters like Sanju [at the time of its release, the eighth-most successful box-office release in Bollywood history] and Prem Ratan Dhan Payo [the sixth-most successful release in Bollywood history],” Irreverent Labs said.

Kapoor Ahuja, 36, has a net worth of $13 million, according to estimates by Indian media websites. She and her husband, Anand Ahuja, own VegNonVeg, a multi-brand sneaker store with outlets in Mumbai and Delhi.

The star has her own fashion brand, Rheson, which she launched in 2017 with her sister, Rhea.

Ahuja, a garment and fashion entrepreneur, also owns clothing label Bhane.

The couple reportedly share a home in London and own a bungalow in Delhi.

Robert Downey Jr's net worth is estimated at $300 million, in large part due to his work in the Marvel Cinematic Universe. Getty/AFP
Robert Downey Jr's net worth is estimated at $300 million, in large part due to his work in the Marvel Cinematic Universe. Getty/AFP

Robert Downey Jr

Actor Robert Downey Jr’s FootPrint Coalition Ventures has invested in Motif FoodWorks, a Boston-based food technology company that also has a line of plant-based foods.

The two companies will work on developing new plant-based food forms with the aim of moving beyond products that seek to replicate the taste of meat.

“If plant-based foods are going to make a real impact on sustainability, we need an approach that’s both delicious and nutritious,” said Downey Jr. “By focusing on both better tasting and healthier options, Motif is not only making a difference in products today, but also reimagining the future of tomorrow’s plant-based foods.”

In the US alone, retail plant-based food sales grew three times faster than total food sales to $7.4 billion last year, according to data from market intelligence firm Spins.

FootPrint Coalition invests in robotics and nanotechnology to help clean up the planet. It lists 16 investments on its website, including nuclear energy company Commonwealth Fusion Systems, mealworm protein producer Ÿnsect and bamboo toilet paper manufacturer CloudPaper.

Downey Jr’s net worth is estimated at $300m, in large part due to his work in the Marvel Cinematic Universe.

While he earned just $500,000 for the first Iron Man movie, he earned up to $80m for his role in Avengers: Age of Ultron. Wealth-tracking website Celebrity Net Worth puts his income from playing Iron Man in the various Marvel movies at $345.5m.

Aside from investments in FootPrint Coalition, Downey Jr, 57, is thought to own at least three homes in the state of California.

From left to right: Roger Waters, Nick Mason, Richard Wright and Syd Barrett of English rock band Pink Floyd. Getty
From left to right: Roger Waters, Nick Mason, Richard Wright and Syd Barrett of English rock band Pink Floyd. Getty

Pink Floyd

Progressive rock band Pink Floyd is reportedly in talks to sell its recorded music catalogue in what could be the biggest single-act catalogue sale at an estimated hundreds of millions of dollars, according to Bloomberg.

Among the companies competing for ownership of the collection of rock classics are Warner Music Group and KKR-backed BMG.

Bids have surpassed the estimated $500m Sony Music paid for Bruce Springsteen’s entire catalogue in December, the Financial Times reported.

The band has not publicly commented on the possible sale.

Warner acquired control of the catalogue when it bought the Parlophone Label Group from Universal Music Group in 2013. It paid £487m (around $765m at the time).

It is unclear how current and former band members — or the estates of those who are deceased — will benefit from the sale.

Pink Floyd was formed in 1965 by Syd Barrett, Nick Mason, Roger Waters and Richard Wright. David Gilmour joined in 1967. Barrett left the band the following year. He died in 2006 and Wright in 2008.

Waters and drummer Mason are touring this year as solo artists.

The market for music rights appears to be softening, but Pink Floyd’s strong body of work should prove resilient.

The band has sold more than 250 million records, including box sets and compilations. Its 1973 release, The Dark Side of the Moon, has sold 50 million copies and is the second-largest selling album of all time after Michael Jackson’s Thriller.

Collectively, the band's members have a net worth estimated at $800m, principally through income from music sales and touring.

Waters is estimated to be the richest, with a net worth of $310m, according to Celebrity Net Worth. He is a big draw on the touring circuit, with his The Wall Live Tour 2010-2013 grossing $460m over 220 performances, with 4.1 million tickets sold.

Together with pop star Shakira, he bought a $16m island in the Bahamas to create a retreat for artists.

Gilmour and Mason are estimated to each have a net worth of $180m. Wright’s estate is valued at $70m and Barrett’s at $5m.

Dr Mehmet Oz could become one of the wealthiest members of the US Senate if he wins a Pennsylvania Republican Senate primary election. Reuters
Dr Mehmet Oz could become one of the wealthiest members of the US Senate if he wins a Pennsylvania Republican Senate primary election. Reuters

Mehmet Oz

Celebrity heart surgeon Mehmet Oz has valued his assets at between $104m and $422m. The tally could make him one of the wealthiest members of the US Senate if he wins a tightly contested Pennsylvania Republican Senate primary election.

The figures were published by The Philadelphia Inquirer. The wide range is because the US Senate requests each asset be valued within a certain dollar bracket. Dr Oz’s assets include homes, stock and life insurance.

A significant source of his income is The Dr Oz Show, the long-running syndicated daytime television programme that his Oz Media company co-produces with Oprah Winfrey’s Harpo Productions and Sony Pictures Television.

He filed earnings of $10m in 2021. Nearly all of it was salary from his TV show and income from his media company. He ended the show this year to concentrate on his Senate run.

Oz has at least $11.5m in non-public stock in Asplundh, the tree-trimming company owned by his wife’s family, as well as at least $6m in non-public stock in retail chain Wawa and at least $5m in non-public stock in travel agency Five Star Travel.

In addition, he has tens of millions of dollars in equities, including stocks such as Amazon, Alphabet and Microsoft.

The filing listed a home in Palm Beach, Florida, valued at between $5m to $25m, two homes valued at more than $1m each in Cliffside Park, New Jersey, which overlook Manhattan, as well as a third property of a similar value in suburban Philadelphia.

He also has real estate interests in New York City, Boston and a cattle farm in Florida. Oz valued the cattle between $250,000 and $500,000.

Oz, 61, has dual Turkish and American nationality. In March, he said he would renounce his Turkish citizenship if elected.

Champions parade (UAE timings)

7pm Gates open

8pm Deansgate stage showing starts

9pm Parade starts at Manchester Cathedral

9.45pm Parade ends at Peter Street

10pm City players on stage

11pm event ends

Match info

Costa Rica 0

Serbia 1
Kolarov (56')

RESULT

Argentina 0 Croatia 3
Croatia: 
Rebic (53'), Modric (80'), Rakitic (90' 1)

Avatar: Fire and Ash

Director: James Cameron

Starring: Sam Worthington, Sigourney Weaver, Zoe Saldana

Rating: 4.5/5

Fixtures

Wednesday

4.15pm: Japan v Spain (Group A)

5.30pm: UAE v Italy (Group A)

6.45pm: Russia v Mexico (Group B)

8pm: Iran v Egypt (Group B)

Key findings of Jenkins report
  • Founder of the Muslim Brotherhood, Hassan al Banna, "accepted the political utility of violence"
  • Views of key Muslim Brotherhood ideologue, Sayyid Qutb, have “consistently been understood” as permitting “the use of extreme violence in the pursuit of the perfect Islamic society” and “never been institutionally disowned” by the movement.
  • Muslim Brotherhood at all levels has repeatedly defended Hamas attacks against Israel, including the use of suicide bombers and the killing of civilians.
  • Laying out the report in the House of Commons, David Cameron told MPs: "The main findings of the review support the conclusion that membership of, association with, or influence by the Muslim Brotherhood should be considered as a possible indicator of extremism."
Results
%3Cp%3EStage%204%3A%0D%3Cbr%3E1.%20Juan%20Sebastian%20Molano%20(COL)%20Team%20UAE%20Emirates%20%E2%80%93%203hrs%2050min%2001sec%0D%3Cbr%3E2.%20Olav%20Kooij%20(NED)%20Jumbo-Visma%20%E2%80%93%20ST%0D%3Cbr%3E3.%20Sam%20Welsford%20(AUS)%20Team%20DSM)%20%E2%80%93%20ST%0D%3Cbr%3EGeneral%20Classification%3A%0D%3Cbr%3E1.%20Remco%20Evenepoel%20(BEL)%20Soudal%20Quick-Step%0D%3Cbr%3E2.%20Lucas%20Plapp%20(AUS)%20Ineos%20Grenaders%20%E2%80%93%207%E2%80%B3%0D%3Cbr%3E3.%20Pello%20Bilbao%20(ESP)%20Bahrain%20Victorious%20%E2%80%93%2011%E2%80%B3%3C%2Fp%3E%0A
Saturday's schedule at the Abu Dhabi Grand Prix

GP3 race, 12:30pm

Formula 1 final practice, 2pm

Formula 1 qualifying, 5pm

Formula 2 race, 6:40pm

Performance: Sam Smith

How will Gen Alpha invest?

Mark Chahwan, co-founder and chief executive of robo-advisory firm Sarwa, forecasts that Generation Alpha (born between 2010 and 2024) will start investing in their teenage years and therefore benefit from compound interest.

“Technology and education should be the main drivers to make this happen, whether it’s investing in a few clicks or their schools/parents stepping up their personal finance education skills,” he adds.

Mr Chahwan says younger generations have a higher capacity to take on risk, but for some their appetite can be more cautious because they are investing for the first time. “Schools still do not teach personal finance and stock market investing, so a lot of the learning journey can feel daunting and intimidating,” he says.

He advises millennials to not always start with an aggressive portfolio even if they can afford to take risks. “We always advise to work your way up to your risk capacity, that way you experience volatility and get used to it. Given the higher risk capacity for the younger generations, stocks are a favourite,” says Mr Chahwan.

Highlighting the role technology has played in encouraging millennials and Gen Z to invest, he says: “They were often excluded, but with lower account minimums ... a customer with $1,000 [Dh3,672] in their account has their money working for them just as hard as the portfolio of a high get-worth individual.”

Dirham Stretcher tips for having a baby in the UAE

Selma Abdelhamid, the group's moderator, offers her guide to guide the cost of having a young family:

• Buy second hand stuff

 They grow so fast. Don't get a second hand car seat though, unless you 100 per cent know it's not expired and hasn't been in an accident.

• Get a health card and vaccinate your child for free at government health centres

 Ms Ma says she discovered this after spending thousands on vaccinations at private clinics.

• Join mum and baby coffee mornings provided by clinics, babysitting companies or nurseries.

Before joining baby classes ask for a free trial session. This way you will know if it's for you or not. You'll be surprised how great some classes are and how bad others are.

• Once baby is ready for solids, cook at home

Take the food with you in reusable pouches or jars. You'll save a fortune and you'll know exactly what you're feeding your child.

RACE CARD

6.30pm: Maiden (TB) Dh82,500 (Dirt) 1,200m

7.05pm: Maiden (TB) Dh82,500 (D) 1,900m

7.40pm: Handicap (TB) Dh102,500 (D) 2,000m

8.15pm: Conditions (TB) Dh120,000 (D) 1,600m

8.50pm: Handicap (TB) Dh95,000 (D) 1,600m

9.25pm: Handicap (TB) Dh87,500 (D) 1,400m

UAE currency: the story behind the money in your pockets
UAE SQUAD

Khalid Essa, Ali Khaseif, Fahad Al Dhanhani, Adel Al Hosani, Bandar Al Ahbabi, Mohammad Barghash, Salem Rashid, Khalifa Al Hammadi, Shaheen Abdulrahman, Hassan Al Mahrami, Walid Abbas, Mahmoud Khamis, Yousef Jaber, Majed Sorour, Majed Hassan, Ali Salmeen, Abdullah Ramadan, Abdullah Al Naqbi, Khalil Al Hammadi, Fabio De Lima, Khalfan Mubarak, Tahnoon Al Zaabi, Ali Saleh, Caio Canedo, Ali Mabkhout, Sebastian Tagliabue, Zayed Al Ameri

Why it pays to compare

A comparison of sending Dh20,000 from the UAE using two different routes at the same time - the first direct from a UAE bank to a bank in Germany, and the second from the same UAE bank via an online platform to Germany - found key differences in cost and speed. The transfers were both initiated on January 30.

Route 1: bank transfer

The UAE bank charged Dh152.25 for the Dh20,000 transfer. On top of that, their exchange rate margin added a difference of around Dh415, compared with the mid-market rate.

Total cost: Dh567.25 - around 2.9 per cent of the total amount

Total received: €4,670.30 

Route 2: online platform

The UAE bank’s charge for sending Dh20,000 to a UK dirham-denominated account was Dh2.10. The exchange rate margin cost was Dh60, plus a Dh12 fee.

Total cost: Dh74.10, around 0.4 per cent of the transaction

Total received: €4,756

The UAE bank transfer was far quicker – around two to three working days, while the online platform took around four to five days, but was considerably cheaper. In the online platform transfer, the funds were also exposed to currency risk during the period it took for them to arrive.

World Sevens Series standing after Dubai

1. South Africa
2. New Zealand
3. England
4. Fiji
5. Australia
6. Samoa
7. Kenya
8. Scotland
9. France
10. Spain
11. Argentina
12. Canada
13. Wales
14. Uganda
15. United States
16. Russia

Updated: May 23, 2022, 8:33 AM