Actress Shilpa Shetty is a serial angel investor in the direct-to-consumer space. Reem Mohammed / The National
Actress Shilpa Shetty is a serial angel investor in the direct-to-consumer space. Reem Mohammed / The National
Actress Shilpa Shetty is a serial angel investor in the direct-to-consumer space. Reem Mohammed / The National
Actress Shilpa Shetty is a serial angel investor in the direct-to-consumer space. Reem Mohammed / The National

Celebrity Net Worth: Shilpa Shetty makes 674% profit on cosmetics IPO


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Shilpa Shetty

Bollywood actor and businesswoman Shilpa Shetty has made a return of 7.74 times on her investment in Honasa Consumer after the Indian company’s recent initial public offering.

Shetty sold about 1.39 million shares for 393 million Indian rupees ($4.7 million) at the upper price limit last month.

She first bought shares in the start-up in 2018, according to its red herring prospectus, paying 41.86 rupees a share. That is a profit of about 674 per cent.

Shetty still owns 230,000 shares in the company, valued at around 74.6 million rupees, according to The Economic Times newspaper.

Last Tuesday, she posted a note of congratulations to founders Varun Alagh and Ghazal Alagh on X, formerly known as Twitter.

Honasa is the company behind digital-first beauty brand Mamaearth, one of India’s largest in terms of revenue.

Shetty, 48, had a net worth of about $18 million before the sale, according to The Times of India.

Shetty has been a Bollywood actor for 30 years since her acting debut opposite Shah Rukh Khan in the 1993 thriller Baazigar. She has since appeared in nearly 50 Hindi, Telugu, Kannada and Tamil films.

She shot to international fame in 2008 after winning the UK’s Celebrity Big Brother reality series.

She returned to acting in 2021 after a hiatus with the Hindi film Hungama 2. She has also appeared and judged on several television competitions.

However, it is income earned outside entertainment that accounts for a significant portion of her net worth. She is a serial angel investor in the direct-to-consumer space.

In May, she put 22.5 million rupees into 100Percent Nourishment. The start-up retails a line of what it calls healthy but indulgent food products under the brand name WickedGud.

Previous investments include undisclosed amounts in other Indian direct-to-consumer start-ups.

As part of a $22 million series C funding round last year, she invested an undisclosed amount in Fullife Healthcare, which sells hydration drinks and energy gels, as well as wellness and nutrition supplements under the brands Fast&Up and Chicnutrix, respectively.

With her husband, businessman Raj Kundra, she was an investor in Indian Premier League cricket team Rajasthan Royals between 2009 and 2015. They held an 11.7 per cent stake.

The couple also own properties in Mumbai and the UK. Their home in Surrey, in the UK, cost £5 million ($6.1 million) when they bought it in 2009, according to India Today magazine.

Julia Roberts, 56, has a net worth of about $250 million, according to Celebrity Net Worth. AP
Julia Roberts, 56, has a net worth of about $250 million, according to Celebrity Net Worth. AP

Julia Roberts

Being world famous can help sell property quickly. At least, that seems to be the case for actor Julia Roberts, whose San Francisco home sold for $11.25 million last month, after only two weeks on the market.

The 1912 property went for about $500,000 less than the asking price, according to real estate publication Mansion Global.

Nevertheless, the Oscar winner made a 36 per cent profit, or about $3 million on the sale. She bought the Presidio Heights residence in February 2020 for $8.3 million.

Roberts, 56, has a net worth of about $250 million, according to wealth tracking website Celebrity Net Worth.

She is one of the highest-paid stars in Hollywood. For her early roles, in 1988’s Mystic Pizza and 1990’s Pretty Woman, she earned $50,000 and $300,000, respectively.

That ballooned to $20 million for Erin Brockovich (2000) and $25 million for Mona Lisa Smile (2003).

In 2016, she earned $3 million for just three days’ work on Mother’s Day, according to Celebrity Net Worth.

Julia Roberts's style evolution - in pictures

Her movies have brought in more than $4 billion at the worldwide box-office, according to movie website The Numbers.

With her sister, Lisa Roberts Gillan and Marisa Yeres Gill, Roberts owns production company Red Om Films.

A separate income stream has been endorsements. Notable deals include a $6 million payment to appear in advertisements for Gianfranco Ferre, and a five-year, $50 million contract as the global brand ambassador for cosmetics brand Lancome Paris. That contract has been renewed several times.

Roberts has an extensive property portfolio, with homes in Malibu, Manhattan, Los Angeles and Taco, New Mexico. She has also bought and sold houses in California and Hawaii, according to Celebrity Net Worth.

Kate Hudson 44, has a net worth of $80 million, according to Celebrity Net Worth. Getty Images
Kate Hudson 44, has a net worth of $80 million, according to Celebrity Net Worth. Getty Images

Kate Hudson

There is money in microbes and it is not fool's gold. Actor and entrepreneur Kate Hudson will promote the benefits of the microbiome in human health in her new role as creative adviser for wellness brand Symbiome.

Hudson has spoken of the brand’s benefits before. Now, she joins the company as it develops microbiome products in consumer units ranging from skincare to gut and oral health.

“I am proud and excited to join the brilliant and dedicated Symbiome team on their mission to improve health from the outside in,” Hudson said.

“I look forward to a future where the products that we love also nourish our microbiome, enhancing our beauty and our health.”

Symbiome is owned by Weiss Bioscience, a San Francisco-based biotechnology company.

Hudson, 44, has a net worth of $80 million, according to Celebrity Net Worth.

She has acted in a string of top-grossing movies since her 2001 breakthrough, Almost Famous. Among them are You, Me and Dupree, How to Lose a Guy in 10 Days and Bride Wars, which she co-produced.

Hudson has fronted the subscription athleisure company Fabletics, which she co-founded with Adam Goldenberg and Don Ressler, creators of the membership fashion retailer TechStyle.

Started as an e-commerce label to address a gap in the market for stylish activewear at accessible prices, the brand crossed $500 million in sales in 2020.

Hudson stepped down as the brand’s principal face the following year, transitioning to an advisory role.

The actor’s stake in Fabletics has previously been reported at 20 per cent, according to Forbes magazine.

She has also launched other companies, including a line of plant-based holistic nutritional supplements, InBloom, a beverage brand, King St, and a line of partly recycled clothing, Happy x Nature.

German-Russian DJ Anton Zaslavski, better known as Zedd, has a net worth of $50 million, according to Celebrity Net Worth. Instagram / Zuhair Murad Official
German-Russian DJ Anton Zaslavski, better known as Zedd, has a net worth of $50 million, according to Celebrity Net Worth. Instagram / Zuhair Murad Official

Anton Zaslavski

German-Russian DJ Zedd has invested in refined carbohydrate company BetterBrand shortly after the company closed a series A funding round at a pre-money valuation of $170 million.

Zedd, whose real name is Anton Zaslavski, invested an undisclosed amount.

“Health & Wellness is an ever-evolving passion of mine and through that journey I discovered ‘The Better Bagel’,” the Grammy winner said.

“It’s a product I stand by and has been a game-changer as part of my high protein, low-calorie diet.”

The consumer food tech company aims to turn traditional carbs into healthier baked goods.

Its main product, the Better Bagel, claims to deliver the net carb equivalent of two banana slices with 250 per cent more protein, 90 per cent fewer carbs and no added sugar.

Zaslavski, 34, has a net worth of $50 million, according to Celebrity Net Worth.

As a DJ and producer, Zaslavski has repeatedly clocked more than a billion streams for his work.

He has invested in or collaborated with brands, including HyperX, the HP gaming brand, and Swedish ice cream company N!ck’s.

He has also invested in homes in California, according to Celebrity Net Worth.

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Pharaoh's curse

British aristocrat Lord Carnarvon, who funded the expedition to find the Tutankhamun tomb, died in a Cairo hotel four months after the crypt was opened.
He had been in poor health for many years after a car crash, and a mosquito bite made worse by a shaving cut led to blood poisoning and pneumonia.
Reports at the time said Lord Carnarvon suffered from “pain as the inflammation affected the nasal passages and eyes”.
Decades later, scientists contended he had died of aspergillosis after inhaling spores of the fungus aspergillus in the tomb, which can lie dormant for months. The fact several others who entered were also found dead withiin a short time led to the myth of the curse.

Company%20Profile
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BMW M5 specs

Engine: 4.4-litre twin-turbo V-8 petrol enging with additional electric motor

Power: 727hp

Torque: 1,000Nm

Transmission: 8-speed auto

Fuel consumption: 10.6L/100km

On sale: Now

Price: From Dh650,000

Dust and sand storms compared

Sand storm

  • Particle size: Larger, heavier sand grains
  • Visibility: Often dramatic with thick "walls" of sand
  • Duration: Short-lived, typically localised
  • Travel distance: Limited 
  • Source: Open desert areas with strong winds

Dust storm

  • Particle size: Much finer, lightweight particles
  • Visibility: Hazy skies but less intense
  • Duration: Can linger for days
  • Travel distance: Long-range, up to thousands of kilometres
  • Source: Can be carried from distant regions
Living in...

This article is part of a guide on where to live in the UAE. Our reporters will profile some of the country’s most desirable districts, provide an estimate of rental prices and introduce you to some of the residents who call each area home.

The specs

AT4 Ultimate, as tested

Engine: 6.2-litre V8

Power: 420hp

Torque: 623Nm

Transmission: 10-speed automatic

Price: From Dh330,800 (Elevation: Dh236,400; AT4: Dh286,800; Denali: Dh345,800)

On sale: Now

BUNDESLIGA FIXTURES

Saturday, May 16 (kick-offs UAE time)

Borussia Dortmund v Schalke (4.30pm) 
RB Leipzig v Freiburg (4.30pm) 
Hoffenheim v Hertha Berlin (4.30pm) 
Fortuna Dusseldorf v Paderborn  (4.30pm) 
Augsburg v Wolfsburg (4.30pm) 
Eintracht Frankfurt v Borussia Monchengladbach (7.30pm)

Sunday, May 17

Cologne v Mainz (4.30pm),
Union Berlin v Bayern Munich (7pm)

Monday, May 18

Werder Bremen v Bayer Leverkusen (9.30pm)

SPEC%20SHEET%3A%20APPLE%20IPAD%20PRO%20(12.9%22%2C%202022)
%3Cp%3E%3Cstrong%3EDisplay%3A%3C%2Fstrong%3E%2012.9-inch%20Liquid%20Retina%20XDR%2C%202%2C732%20x%202%2C048%2C%20264ppi%2C%20wide%20colour%2C%20True%20Tone%2C%20ProMotion%2C%201%2C600%20nits%20max%2C%20Apple%20Pencil%20hover%3C%2Fp%3E%0A%3Cp%3E%3Cstrong%3EChip%3A%3C%2Fstrong%3E%20Apple%20M2%2C%208-core%20CPU%2C%2010-core%20GPU%2C%2016-core%20Neural%20Engine%3C%2Fp%3E%0A%3Cp%3E%3Cstrong%3EMemory%3A%3C%2Fstrong%3E%20Storage%20%E2%80%93%20128GB%2F256GB%2F512GB%20%2F%201TB%2F2TB%3B%20RAM%20%E2%80%93%208GB%2F16GB%3C%2Fp%3E%0A%3Cp%3E%3Cstrong%3EPlatform%3A%3C%2Fstrong%3E%20iPadOS%2016%3C%2Fp%3E%0A%3Cp%3E%3Cstrong%3EMain%20camera%3A%3C%2Fstrong%3E%20Dual%2012MP%20wide%20(f%2F1.8)%20%2B%2010MP%20ultra-wide%20(f%2F2.4)%2C%202x%20optical%2F5x%20digital%2C%20Smart%20HDR%204%3C%2Fp%3E%0A%3Cp%3E%3Cstrong%3EVideo%3A%3C%2Fstrong%3E%20ProRes%204K%20%40%2030fps%2C%204K%20%40%2024%2F25%2F30%2F60fps%2C%20full%20HD%20%40%2025%2F30%2F60fps%2C%20slo-mo%20%40%20120%2F240fps%3C%2Fp%3E%0A%3Cp%3E%3Cstrong%3EFront%20camera%3A%3C%2Fstrong%3E%20TrueDepth%2012MP%20ultra-wide%20(f%2F2.4)%2C%202x%2C%20Smart%20HDR%204%2C%20Centre%20Stage%2C%20Portrait%2C%20Animoji%2C%20Memoji%3B%20full%20HD%20%40%2025%2F30%2F60fps%3C%2Fp%3E%0A%3Cp%3E%3Cstrong%3EAudio%3A%3C%2Fstrong%3E%20Four-speaker%20stereo%3C%2Fp%3E%0A%3Cp%3E%3Cstrong%3EBiometrics%3A%3C%2Fstrong%3E%20Face%20ID%2C%20Touch%20ID%3C%2Fp%3E%0A%3Cp%3E%3Cstrong%3EI%2FO%3A%3C%2Fstrong%3E%20USB-C%2C%20smart%20connector%20(for%20folio%2Fkeyboard)%3C%2Fp%3E%0A%3Cp%3E%3Cstrong%3EBattery%3A%3C%2Fstrong%3E%20Up%20to%2010%20hours%20on%20Wi-Fi%3B%20up%20to%20nine%20hours%20on%20cellular%3C%2Fp%3E%0A%3Cp%3E%3Cstrong%3EFinish%3A%3C%2Fstrong%3E%20Silver%2C%20space%20grey%3C%2Fp%3E%0A%3Cp%3E%3Cstrong%3EIn%20the%20box%3A%3C%2Fstrong%3E%20iPad%2C%20USB-C-to-USB-C%20cable%2C%2020-watt%20power%20adapter%3C%2Fp%3E%0A%3Cp%3E%3Cstrong%3EPrice%3A%3C%2Fstrong%3E%20WiFi%20%E2%80%93%20Dh4%2C599%20(128GB)%20%2F%20Dh4%2C999%20(256GB)%20%2F%20Dh5%2C799%20(512GB)%20%2F%20Dh7%2C399%20(1TB)%20%2F%20Dh8%2C999%20(2TB)%3B%20cellular%20%E2%80%93%20Dh5%2C199%20%2F%20Dh5%2C599%20%2F%20Dh6%2C399%20%2F%20Dh7%2C999%20%2F%20Dh9%2C599%3C%2Fp%3E%0A
How tumultuous protests grew
  • A fuel tax protest by French drivers appealed to wider anti-government sentiment
  • Unlike previous French demonstrations there was no trade union or organised movement involved 
  • Demonstrators responded to online petitions and flooded squares to block traffic
  • At its height there were almost 300,000 on the streets in support
  • Named after the high visibility jackets that drivers must keep in cars 
  • Clashes soon turned violent as thousands fought with police at cordons
  • An estimated two dozen people lost eyes and many others were admitted to hospital 
What vitamins do we know are beneficial for living in the UAE

Vitamin D: Highly relevant in the UAE due to limited sun exposure; supports bone health, immunity and mood.Vitamin B12: Important for nerve health and energy production, especially for vegetarians, vegans and individuals with absorption issues.Iron: Useful only when deficiency or anaemia is confirmed; helps reduce fatigue and support immunity.Omega-3 (EPA/DHA): Supports heart health and reduces inflammation, especially for those who consume little fish.

Indian construction workers stranded in Ajman with unpaid dues
Traits of Chinese zodiac animals

Tiger:independent, successful, volatile
Rat:witty, creative, charming
Ox:diligent, perseverent, conservative
Rabbit:gracious, considerate, sensitive
Dragon:prosperous, brave, rash
Snake:calm, thoughtful, stubborn
Horse:faithful, energetic, carefree
Sheep:easy-going, peacemaker, curious
Monkey:family-orientated, clever, playful
Rooster:honest, confident, pompous
Dog:loyal, kind, perfectionist
Boar:loving, tolerant, indulgent   

Small Victories: The True Story of Faith No More by Adrian Harte
Jawbone Press

Credit Score explained

What is a credit score?

In the UAE your credit score is a number generated by the Al Etihad Credit Bureau (AECB), which represents your credit worthiness – in other words, your risk of defaulting on any debt repayments. In this country, the number is between 300 and 900. A low score indicates a higher risk of default, while a high score indicates you are a lower risk.

Why is it important?

Financial institutions will use it to decide whether or not you are a credit risk. Those with better scores may also receive preferential interest rates or terms on products such as loans, credit cards and mortgages.

How is it calculated?

The AECB collects information on your payment behaviour from banks as well as utilitiy and telecoms providers.

How can I improve my score?

By paying your bills on time and not missing any repayments, particularly your loan, credit card and mortgage payments. It is also wise to limit the number of credit card and loan applications you make and to reduce your outstanding balances.

How do I know if my score is low or high?

By checking it. Visit one of AECB’s Customer Happiness Centres with an original and valid Emirates ID, passport copy and valid email address. Liv. customers can also access the score directly from the banking app.

How much does it cost?

A credit report costs Dh100 while a report with the score included costs Dh150. Those only wanting the credit score pay Dh60. VAT is payable on top.

COMPANY%20PROFILE
%3Cp%3E%3Cstrong%3EName%3A%3C%2Fstrong%3E%20Carzaty%2C%20now%20Kavak%3Cbr%3E%3Cstrong%3EBased%3A%3C%2Fstrong%3E%20Dubai%3Cbr%3E%3Cstrong%3ELaunch%20year%3A%20%3C%2Fstrong%3ECarzaty%20launched%20in%202018%2C%20Kavak%20in%20the%20GCC%20launched%20in%202022%3Cbr%3E%3Cstrong%3ENumber%20of%20employees%3A%3C%2Fstrong%3E%20140%3Cbr%3E%3Cstrong%3ESector%3A%3C%2Fstrong%3E%20Automotive%3Cbr%3E%3Cstrong%3EFunding%3A%20%3C%2Fstrong%3ECarzaty%20raised%20%246m%20in%20equity%20and%20%244m%20in%20debt%3B%20Kavak%20plans%20%24130m%20investment%20in%20the%20GCC%3C%2Fp%3E%0A
HIV on the rise in the region

A 2019 United Nations special analysis on Aids reveals 37 per cent of new HIV infections in the Mena region are from people injecting drugs.

New HIV infections have also risen by 29 per cent in western Europe and Asia, and by 7 per cent in Latin America, but declined elsewhere.

Egypt has shown the highest increase in recorded cases of HIV since 2010, up by 196 per cent.

Access to HIV testing, treatment and care in the region is well below the global average.  

Few statistics have been published on the number of cases in the UAE, although a UNAIDS report said 1.5 per cent of the prison population has the virus.

How to protect yourself when air quality drops

Install an air filter in your home.

Close your windows and turn on the AC.

Shower or bath after being outside.

Wear a face mask.

Stay indoors when conditions are particularly poor.

If driving, turn your engine off when stationary.

Updated: November 13, 2023, 5:00 AM