The Disco King of Bollywood Mithun Chakraborty is today known for his acting and dance skills. He is considered a legend in his field. Born as Gourang Chakraborty, better known by his stage name Mithun Chakraborty, is an Indian film actor, singer, producer, writer, social worker, entrepreneur, television presenter and a former Rajya Sabha Member of Parliament.He is the recipient of two Filmfare Awards and three National Film Awards.
Mithun Chakraborty left the Mumbai based film industry in the early 1990s as he shifted his base at Ooty to concentrate on his hotel business. He set up a hotel in Ooty and chose to act only in films which were shot at Ooty and nearby locales. This strategy paid off as the film crew could stay in his hotel, the Monarch for discounted rates, and complete the film in a single schedule.
Chakraborty’s limited budget movies soon started flowing, as every month saw a Chakraborty release. These movies were profitable, but were often ignored by critics and were categorized as B movies (low-budget films). He paid more tax than anyone else in the Bollywood film industry in the country between 1995 and 1999.
Chakraborty also holds the record of appearing in the highest number of Hindi films as hero The actor who started his career with Mrinal Sen’s arthouse classic Mrigaya today is Bollywood’s B-grade king. In a high power high stakes Bollywood, where multi-crore budgets are marginalising the smaller players, Chakraborty thrived he has already completed 300 Hindi and Bengali films as hero.
In the early ’90s, Chakraborty, decided to rework his career. He moved to Ooty, opened a luxury hotel, the Monarch Ooty and transformed from an artiste into a businessman. Chakraborty laid down certain working conditions he doled out bulk dates for producers who were asked to shoot in Ooty. This superefficient working system kept Bollywood’s exorbitant interest rates and the budget in check. Low budgets equal low selling prices equal a safe investment.
The formula worked. In 1990’s Chakraborty film costs around Rs 2 crore to Rs 2.5 crore (and is sold for Rs 25 lakh to Rs 45 lakh per territory. With low investment, the Chakraborty film, which had a loyal audience in the B- and C-class centres, becomes a safe film. Even the flops eventually recover their investment. ”
The factory like production created shoddy cinema but few seem to mind, as all were making money. Chakraborty made a comeback to the mainstream Hindi film industry in 2005 with the film Elaan. He continues to act in pivotal roles in film. He is also acting in his mother language Bengali and is doing well.