Ajay Devgn, who usually charges Rs 6-8 crore per project,bags Rs 18 crore deal for Vashu Bhagnani's Himmatwala

For Vashu Bhagnani's next project, the remake of 1983 superhit Himmatwala, Devgn has been paid Rs 18 crore, more than double his usual fee.

By Kunal M Shah, Mumbai Mirror | Updated: Sep 14, 2011, 01.08 PM IST

Ajay Devgn is perhaps the most bankable star in Bollywood today. However, despite backto-back hits, the actor has never believed in increasing his price. Devgn who made his debut with Phool Aur Kaante in 1991, has been charging Rs 6-8 crore for his films. After the success of Singham, the actor has finally decided to hike his price. For Vashu Bhagnani's next project, the remake of 1983 superhit Himmatwala, Devgn has been paid Rs 18 crore, more than double his usual fee.

A source revealed to Mumbai Mirror, “Ajay Devgn is one of the most bankable stars in the industry today. In the last couple of years he has given many hits like Golmaal 3, All The Best, Atithi Tum Kab Jaoge, Rajneeti and Once Upon A Time In Mumbai. But it is only after Singham that Ajay has decided to hike his price. After all, Singham earned a profit of over Rs 100 crore.

Speaking about the Devgn's sudden decision to hike his price, a source close to the actor said, “Ajay Devgn is someone who has a fair knowledge of the business and distribution. He has also been involved in the distribution business for some time now. And that's the reason why he never believed in increasing his price. He would stick to Rs 6-8 crore for his films. But after Singham, his market value has now multiplied. And so, when he was offered Himmatwala by director Sajid Khan, he took it up at an increased fee.”

When contacted, Devgn's manager refrained from commenting on the same and said, “We do not like discussing finances with everybody.”

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