WION Web Team New Delhi, Delhi, India
Dec 20, 2017, 04.01 PM
With a brand value of USD 144 million, cricketer Virat Kohli has dethroned Shah Rukh Khan as the most valuable celebrity brand in the country. Brand Kohli registering a growth of 56 per cent from last year, according to a report.
This increase is primarily driven by his growing endorsement fees, on-field performances and rise in popularity index, according to the Duff & Phelps report Rise of the Millennials: India's Most Valuable Celebrity Brands.
"For the first time since we began publishing our rankings, Shah Rukh Khan has slipped from the top ranking and been replaced by Virat Kohli. Kohli is now the first choice of brands to engage and attract consumers, fueled by his extraordinary on-field performances and off-field charisma," Duff & Phelps managing director and region leader - India, Japan and Southeast Asia Varun Gupta said.
Shah Rukh Khan slipped to the second spot, with a brand value of USD 106 million, down by nearly 20 percent as compared to 2016, while actress Deepika Padukone, valued at USD 93 million, retained her third rank.
Kohli endorses 20 brands as of October 2017, while Khan and Padukone endorse 21 and 23 brands, respectively.
Actor Akshay Kumar added seven new product brands to his portfolio and his brand value surged nearly 97 per cent to reach USD 47 million in 2017.
Ace shuttler PV Sindhu is the first female sports personality to feature in the top 15 celebrities, occupying the 15th slot with a brand valuation of USD 15 million.
Former Indian cricket captain Mahendra Singh Dhoni is the only other sportsperson to feature in the top 15 list, taking the 13th position with a brand value of USD 21 million.