Jackie Shroff was bankrupt after ‘Boom’ failure

Actor recalls selling family home for money

Actor Jackie Shroff recently opened up about facing dire financial issues after the failure of his 2003 film Boom, which was produced by his wife Ayesha Shroff. He revealed that his family was forced to sell their house in order to repay their debts, reported Hindustan Times.

Boom also starred Amitabh Bachchan, Gulshan Grover, Padma Lakshmi and Katrina Kaif. "I knew that we tried something and we lost something. If I had to pay for it, I’d pay. I had worked as much as I could and we repaid everybody so that my family’s name gets clear,” Jackie said. “Business mein up down hota hi hai, yeh zaroori nahi hai ki hum hamesha upar hi rahenge
(Ups and downs are common in business. It is not necessary that it's always going to stay up.) Kabhi upar, kabhi niche hota hai (Sometimes it's up and sometimes it's down), but you need to know how to keep your sanity and ethics.”

The 90s icon also reflected on how the couple tried to protect their children from the crisis. “My kids didn’t understand anything. They were too small and we didn’t let it get to them,” he shared.

Reacting to reports of his son, actor Tiger Shroff, promising his father to buy the house back, Jackie said, “I'm just proud of both my children. They are strong enough. As for getting the house back, my wife didn't want it back. She said, 'Let it be, what's gone is gone'. But the thought was nice, that he wants to make a house for his mother and his family."

In an earlier interview with GQ, Tiger had opened up about his experience of the financial crisis his family had faced. “I remember how our furniture was sold off, one by one. Things I’d grown up seeing around us started disappearing. Then my bed went. I started to sleep on the floor. It was the worst feeling of my life," he shared.