BillionaireNet
Screwvala
Ronnie Screwvala
Rank #2486
INDIATechnologyedtech, entertainment

Ronnie Screwvala

Net Worth
$1.485B
0% (24h)
Ronnie Screwvala is an Indian entrepreneur, investor, and film producer, best known for his pioneering work in cable television and building the UTV Group, a major media and entertainment conglomerate. With a current net worth of $1.5 billion, Screwvala's source of wealth stems from his diverse ventures, including edtech (UpGrad), entertainment (RSVP Movies), and investments through Unilazer Ventures. His career spans from founding a toothbrush manufacturing company to producing critically acclaimed films like *Uri: The Surgical Strike* and *Swades*. Screwvala has been recognized as one of the most influential people of the 21st century.

The Full Dossier

Early Life and Education

Rohinton Soli Screwvala, professionally known as Ronnie Screwvala, was born on September 8, 1956, in Bombay (now Mumbai), India, into a Parsi family. His father was an executive at the British firm J L Morrison and Smith & Nephew. Screwvala received his education at Cathedral and John Connon School and Sydenham College in Mumbai. During his schooling, he developed a keen interest in theatre, participating in professional plays, including roles in Shakespeare's *Othello* and *Death of a Salesman*.

Rise to Success

Screwvala's entrepreneurial journey began in the early 1980s when he introduced cable television in India, a groundbreaking move at a time when only one terrestrial channel existed. He then founded UTV Software Communications in 1990, which grew into a major media conglomerate. In 2012, he sold UTV to The Walt Disney Company for approximately $1.4 billion. After a brief hiatus, he re-entered the media industry in 2017 with RSVP Movies, producing successful films such as *Uri: The Surgical Strike*, *Kedarnath*, and *The Sky Is Pink*.

Key Business Strategies

Screwvala's business acumen is evident in his strategic ventures. He co-founded UpGrad, an online education platform focused on higher education and specialization, and through Unilazer Ventures, he has made significant private equity investments in various sectors. He also founded U Sports, which focuses on Kabaddi, e-sports, and football. Screwvala's investments span from e-commerce to space technology.

Philanthropy

Screwvala, along with his wife Zarina Mehta, co-founded The Swades Foundation, a non-profit organization working to eradicate poverty in rural India.

Career Timeline

2024

Appeared on Shark Tank India

Appeared as one of the Sharks.

2017

Founded RSVP Movies

Re-entered the media and entertainment industry with a focus on films and digital content.

2015

Co-founded upGrad

Co-founded an online education platform.

2012

Sold UTV to Disney

Sold UTV to The Walt Disney Company for approximately $1.4 billion.

1990

Founded UTV Software Communications

Built a media conglomerate spanning film, television, and gaming.

1981

Pioneered Cable Television

Introduced organized cable TV in India, creating one of the first cable TV services.

Philanthropic Impact

Rural DevelopmentUndisclosed

Swades Foundation

Aims to lift rural India out of poverty.

Wealth Trajectory