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Ramayana Producer Namit Malhotra Recalls Losing 90% Wealth in 2008 Crisis

· GlobeWire Daily Editorial Desk · Source: news.abplive.com

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Key takeawaysProducer Namit Malhotra recently spoke about overcoming significant financial challenges, recalling that he lost 90 percent of his wealth during the 2008 global financial crisis. According to reports from entertainment publications, Malhotra shared his journey during a special presentation at the Academy Theater in Los Angeles ahead of the scheduled…
Namit Malhotra opens up about losing 90% of his wealth during the 2008 financial crisis.

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Producer Namit Malhotra recently spoke about overcoming significant financial challenges, recalling that he lost 90 percent of his wealth during the 2008 global financial crisis. According to reports from entertainment publications, Malhotra shared his journey during a special presentation at the Academy Theater in Los Angeles ahead of the scheduled November 5 release of the upcoming film 'Ramayana'.

From a Mumbai Garage to Global Visual Effects

Malhotra’s career in the entertainment industry began decades ago with a modest video-editing and computer-graphics startup operating out of a Mumbai garage. Armed with an Apple computer and three former professors, he built the foundation for Prime Focus and later merged with the London-based studio Double Negative (DNEG). After moving to Los Angeles in 2007 to bridge Eastern and Western cinema, he faced severe setbacks during the 2008 economic downturn.

  • Humble Beginnings: Started with an Apple computer and three professors.
  • Global Expansion: Moved to Los Angeles in 2007 to connect Eastern and Western filmmaking.
  • Major Milestone: His visual effects company, DNEG, has won eight Academy Awards.

The 'Ramayana' Project and Upcoming Release

Reflecting on the milestone screening in Los Angeles, Malhotra described the event as a deeply emotional chapter of his career, calling it his "personal Oscar moment."

  • Project Scale: Co-produced by Yash and Namit Malhotra, 'Ramayana' features a reported combined budget of Rs 4,000 crore.
  • Star-Studded Cast: The film stars Ranbir Kapoor as Lord Ram, Sai Pallavi as Sita, and Ravi Dubey as Lakshman, alongside an ensemble cast including Yash, Sunny Deol, Rakul Preet Singh, Lara Dutta, and Arun Govil.
  • Release Schedule: Part one of the project is scheduled to release worldwide in theatres on November 5.

Readers can verify these details by following official studio announcements and established entertainment news portals for updates regarding the film's theatrical rollout.

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