In the world of cricket, Mahendra Singh Dhoni, popularly known as MS Dhoni, is a name that resonates with millions of fans worldwide. As the former captain of the Chennai Super Kings (CSK) and an iconic figure in Indian cricket history, he has achieved numerous accolades on the field.
However, Dhoni's influence extends beyond the boundaries of cricket as he has become one of the highest tax-paying individuals in his home state of Jharkhand. In this blog, we will delve into the fascinating world of MS Dhoni's financial success and explore his various business investments that have contributed to his status as a top taxpayer.
MS Dhoni's commitment to fulfilling his tax obligations has been exemplary throughout his career. For the fiscal year that concluded on March 31 of a particular year, the Income Tax Department revealed that Dhoni paid a staggering Rs 38 crore in advance tax. This extraordinary sum demonstrates his financial prowess and solidifies his position as Jharkhand's highest taxpayer.
Even after bidding farewell to international cricket, Dhoni's annual income remains undeterred. His earnings are projected to be around Rs 12 crore from his contractual agreement with the Chennai Super Kings. It is remarkable that despite stepping away from the international stage, he continues to be a formidable earner.
From the onset of his illustrious international career, MS Dhoni has consistently been the highest individual taxpayer in his home state. His dedication to contributing significantly to the country's finances has earned him admiration not only as a cricketer but also as a responsible citizen. In the previous fiscal year (2020-2021), Dhoni deposited nearly Rs 30 crore as advance tax, further strengthening his position as Jharkhand's biggest taxpayer.
Aside from his cricketing achievements, MS Dhoni has demonstrated a keen business acumen, diversifying his income streams through various investments. Let's explore some of his prominent business ventures.Seven - The Brand Ambassador and More
In February 2016, Dhoni was approached to be the brand ambassador for the brand "Seven," but he went above and beyond mere endorsements. Instead, he became the face of the company and took charge of its footwear division. This move not only boosted the brand's popularity but also added another dimension to Dhoni's business ventures.
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Dhoni's entrepreneurial spirit led him to invest in the fitness industry. As the owner of SportsFit World Pvt. Ltd., he established a chain of 200 gyms across the nation. This venture not only promotes fitness and a healthy lifestyle but also generates significant revenue for the cricketing maestro.
Expanding his portfolio in the sports domain, MS Dhoni also became a co-owner of Chennaiyin FC, a professional football club in the Indian Super League. His involvement in football showcases his passion for diverse sports and further diversifies his income streams.
Founded by his wife, Sakshi Singh Dhoni, Dhoni Entertainment Private Limited (DEPL) is a production company that MS Dhoni owns. Established in 2019, DEPL made headlines by announcing its first movie, "Let's Get Married," which will be directed by Ramesh Thamilmani. This foray into the entertainment industry adds another layer of success to Dhoni's ever-expanding business empire.
In conclusion, Mahendra Singh Dhoni is not only a cricketing legend but also an astute businessman and a responsible citizen. His status as the highest tax-paying cricketer in Jharkhand reflects his commitment to contributing to the country's economic growth. Through strategic business investments, Dhoni has diversified his income sources, securing a strong financial future beyond his cricketing career.
As fans continue to admire his cricketing achievements, we can also draw inspiration from his entrepreneurial journey and responsible financial practices. MS Dhoni's remarkable success as both a cricketer and a businessman serves as a shining example of how dedication and determination can lead to greatness in multiple domains.