Bollywood actress Juhi Chawla has always maintained a low profile, but the journey of her husband, Jay Mehta, is nothing short of a cinematic script. Once drowning in immense debt, Jay Mehta is now the owner of assets worth over ₹2000 crore. His inspiring story details how he overcame significant challenges to establish a thriving business empire. When Jay Mehta was neck-deep in debt, a single strategic move completely turned his fortunes around. Let’s delve into how he transformed his financial situation to become a multi-crore magnate.

Born into a renowned industrialist family, Jay Mehta pursued engineering and business studies at prestigious colleges in the United States. Upon returning to India, he took on the responsibility of expanding the family business. However, his initial ventures were met with considerable setbacks. In the 1990s, when his father’s business faced a severe crisis, Jay Mehta was also impacted. There was a time when his entire business was burdened by heavy debt, leading to the closure of some factories and job losses. Despite these formidable challenges, Jay Mehta refused to give up. He decided to try his luck again in the cement industry, marking the beginning of a new chapter in his struggle. He re-entered the industry through companies like Sagar Cements and Mehta Industries under the Mehta Group. Today, Jay Mehta’s business extends beyond India, reaching Africa and America, encompassing sectors like cement, sugar, power, and real estate. He is widely regarded as one of India’s most successful industrialists. The pivotal moment that changed his destiny came when, during his business’s difficult phase, he saw an opportunity to invest in cricket. He, along with some partners, invested $75 million to acquire the Kolkata Knight Riders (KKR) IPL team, in which he holds co-ownership with Bollywood superstar Shah Rukh Khan. Despite skepticism from others, Jay Mehta had unwavering faith in the idea, believing that cricket’s T20 format would become as significant as the NFL in America or football in Europe. This seemingly small investment proved to be the best decision of his career, propelling his net worth to approximately ₹2000 crore today.