🚨 Lalit Modi revealed how Shah Rukh Khan bought KKR in 2008 and secured Nokia as a sponsor:
Shah Rukh didn't like cricket, didn't understand cricket, and didn't know cricket. He's a football fan. When I said to him, 'I need you to buy a team and win a team,' he was a little apprehensive at first. He said, 'I don't understand anything about cricket.' I said, 'Leave that to me. I will ensure that I put a team and a system in place for you if you happen to win it.'
He asked, 'How much is it going to cost?' I said, 'The down payment is ₹20 crore or $5 million.' He said, 'But that's a big part of my savings account.' I said, 'Yes, I understand.'
So I had to worry about the owners making money and not losing money.
So There was a company called Nokia that made handsets. They were desperate to have Shah Rukh Khan as a brand ambassador for Nokia. Shah Rukh wasn't interested in talking to Nokia, and I couldn't interfere in his business. That's his personal endorsement business.
But I did say to Nokia, 'If Shah Rukh Khan were to win a team, would you sponsor the front of the shirt of the team? I can guarantee Shah Rukh Khan will wear your T-shirt and wear the cap with Nokia on it. And will you pay a $5 million advance payment for that?' They said, 'Sure.'
So It was a win-win for Nokia and Shah Rukh both, By the evening, Nokia had already written another cheque to sponsor the team and the KKR consortium.
Fun fact.
In its final stage, BYD new factory in Zhengzhou will cover 50 square miles, which is larger than San Francisco's surface at 46.9 square miles.
Watch its sheer size.
The Police once raided a warehouse and found 3,800 PlayStations running FIFA
Ukraine's security service raided a warehouse in Vinnytsia expecting to find a crypto mining farm
Instead they found PS4 consoles stacked on racks from floor to ceiling
Every single one was running FIFA 21 on autopilot, farming Ultimate Team coins 24 hours a day to sell on the black market
The operation was stealing $259,000 a month in electricity and causing power blackouts across the entire city
The consoles alone were worth $1.5 million
EA makes $1.6 billion a year from Ultimate Team
The FIFA coin black market is worth over $200 million a year
At black market rates, 3,800 consoles farming coins 24/7 could pull in $3 to $5 million a year
Around the same time an actual EA employee got caught selling rare Ultimate Team cards for $1,000 each on the side
Even the people who made the game were running the same hustle
This male sumatran orangutan is Raku: he got a wound on his right cheek. Scientists were surprised to spot him applying a medicinal plant on his face: akar kuning (Fibranaurea tinctoria), a type of climbing vine that acts as an analgesic.
After about 8 days he applied the chewed stems and leaves of the plant, the wound began to heal and in approximately a month he completely recovered.
This series of observations undoubtedly constitutes the conclusive proof of the level of ingenuity that these majestic animals have.
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Get it notarized.
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If it’s a single-member LLC, there’s no taxable event.
Simple and clean.