In a difficult time when all hopes were breaking down, Jay Mehta took a unique decision to invest in cricket. Investing in KKR seemed crazy to people at that time, but this step proved to be a game-changer for his fortunes later on.

Bollywood actress Juhi Chawla has always stayed away from the limelight, but the story of her husband Jay Mehta is no less than a film script. Jay Mehta, who was once heavily in debt, is today the owner of assets worth more than Rs 2000 crore. The way he came out of the difficult times and built his business is quite commendable. When Jay Mehta was completely in debt, one thing changed his fortune. Let's know how he became the owner of Rs 2000 crore?

Studied in America, then did business in India

Jai Mehta was born into a famous industrialist family. He studied engineering and business from prestigious colleges in America. When he returned to India after completing his studies, he took the responsibility of taking the family business forward. However, he had to face big failures in the beginning.

Debt-ridden business

In the 90s, when Jai Mehta's father's business was in trouble, he too had to suffer the consequences. There was a time when his entire business was drowned in heavy debt. The situation had become so bad that some factories had to be closed and jobs were also lost.

Then made this big decision

But Jai Mehta did not give up. He decided to try his luck again in the cement industry and from here a new chapter of his struggle began. He re-entered the industry through companies like Sagar Cements and Mehta Industries under the Mehta Group.

Today he is the owner of many companies

Today Jai Mehta's business is spread not only in India but also in Africa and America. His companies include sectors like cement, sugar, power and real estate. He is counted among the most successful industrialists of India.

This work changed his luck

Jay Mehta is not only a businessman, but he is also the co-owner of the IPL team Kolkata Knight Riders (KKR). He has a partnership in this team with Bollywood superstar Shahrukh Khan. Jay Mehta said that when his business was going through a difficult phase, then he got a chance to invest in cricket. At that time, along with some of his friends, he invested 75 million dollars to buy KKR (Kolkata Knight Riders). He said that people called him crazy, but he had full faith in this idea.

Jai further said that this investment was very small, but he was sure that this format of cricket is going to be big in the future, just like NFL in America or football in Europe. He recognized this opportunity and invested and this proved to be the best investment of his career. Today Jai Mehta's net worth is close to Rs 2000 crore.

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