Somen Banerjee is an Indian business tycoon and the founder of Chippendales.
Somen Banerjee is an Indian business tycoon and the founder of Chippendales.( Source : nypost )


Somen Banerjee, the late founder of Chippendales, had a net worth of $3 million at the time of his passing. He made his money from his controversial dance group.

For those of you who don't know, Somen is the founder of the Chippendales, a prominent touring dance troupe. The forthcoming Hulu TV mini-series follows the story of Somen's life and career.

Inspired by K. Scot Macdonald and Patrick MontesDeOca's book Deadly Dance: The Chippendales Murders, Robert Siegel created the highly anticipated forthcoming Hulu television series.

Approaching TV mini-series Welcomed To Chippendales is set to premiere on Tuesday, November 22, 2022, on Hulu. So. don't forget to mark the date on your calendar.

Somen Banerjee Net Worth As The Founder Of Chippendales

The founder of Chippendales, Somen Banarjee, had a sizable net worth of around $3 million at the time of his demise.

Like many, Banarjee started from the bottom and made it to the top. There were many ups and down in the Bengali businessman's journey of making fortune and uplifting the standards of his life.

Banarjee reportedly immigrated from India to the United States in the hopes of accumulating a handsome sum. With the introduction of the unique business idea, promptly he became a known face.

Kumailn Nanjiani plays Somen Banerjee's role in the Hulu TV mini-series
Kumailn Nanjiani plays Somen Banerjee's role in the Hulu TV mini-series "Welcome to Chippendales" ( Source : instagram )

He was at the pinnacle of his career with a successful multimillion-dollar brand at that time. The Bengali business tycoon rose to prominence with his groundbreaking concept of Chippendales.

It was Banerjee's resolve to not settle back and drive to do something different which led him to the creation of the Chippendales.

The company reached its peak in the 1980s reportedly making it to the ranks of millions in international tours and merchandise. They made an immense profit that led them to generate huge sums of between the scope of $5 and $8 million. 

Banarjee accumulated a huge fortune from the business of the dancing troupe, Chippendales. The dancing troupe was widely recognized for male striptease performances to target female audiences.

Actor Kumailn Nanjiani and his wife Emily V Gordon attended the premiere of
Actor Kumailn Nanjiani and his wife Emily V Gordon attended the premiere of "Welcome to Chippendales" ( Source : instagram )

The prime reason behind the success of the dancing troupe was the addition of male stripper dancers which was the first of its kind in the US. The business excelled to target female audiences in nearly no time.

Steven also had multiple jobs before coming up with the business idea of Chippendales. Considering Bannerjee's avenues of income, it will be safe to say that he had a whopping net fortune.

4 Ways Somen Banerjee Made His Money

The Indian business tycoon Somen Banerjee accumulated a massive fortune from various sources.

1. Dancing Troupe "Chippendales"

The Indian successful businessman accumulated a large portion of his net worth from his unique concept of a dancing troupe named Chippendales

In the hopes of earning a fortune, the ambitious Bengali business tycoon immigrated from Bombay, India to the US. No one ever imagined that Banerjee's business idea would earn him such a massive sum.

After failed businesses, he turned Destiny II, a LA club, into a nightclub with activities like Female Exotic Dancing Night, and more. Later, Banerjee came up with the unique idea of adding a male stripper dance troupe.

In nearly no time, the ambitious businessman turned the LA club into a male stripper den. It was the first business at that time to focus on female audiences. Banerjee took the business to the pinnacle.

2. Jobs Including Executive Producer And Director

Before coming up with the groundbreaking concept of Chippendales, Somen aka Steve Banerjee worked as an executive producer and director.

He served as an executive producer and director for Tall, Dark, and Handsome in 1987. Likewise, Banerjee worked as an executive producer for Ladies Night in 1983 and Chippendales in 2001.

3. Backgammon Club And Mobil Gas Station

The late Bengali businessman Banerjee operated a Mobil gas station and a backgammon club. Although, the business of the backgammon club failed to meet his expectations.

He surely gained some life experiences from his previous jobs although, the business didn't facilitate him in his expanding his net value. 

4. Connections And Networking

Networking and connections are the intangible assets that helped Somen Banerjee in uplifting his financial status.

The groundbreaking female audience targeted the business idea of Chippendales and his strong connections with known faces led him to expand his net worth.

Kumail Nanjiani As Somen Banerjee In Hulu's "Welcome To Chippendales"

Kumail Nanjiani starrs in Somen Banerjee's role in the upcoming Hulu's mini-series Welcome to Chippendales.

He is a Pakistani-American award-winning actor recognized for appearing in Dinesh's role in the HBO comedy series Silicon Valley. Not to mention, Nanjiani is also a comedian and screenwriter.

The 44-year-old actor is a recipient of the Best First Screenplay award presented by Independent Spirit Awards, the Auteur Award from the San Diego International Film Festival, and more.

Actor Kumail Nanjiani and his wife Emily V. Gordon attended the premiere of the Hulu TV mini-series
Actor Kumail Nanjiani and his wife Emily V. Gordon attended the premiere of the Hulu TV mini-series "Welcome to Chippendales" ( Source : instagram )

Nanjiani has promoted the forthcoming series on his Instagram too. The actor expressed his gratitude for being part of the series. Kumail also briefly talked about his excitement.

The actor uploaded the poster of the series penning, 'Welcome to Chippendales, Steve Bannerjee. I absolutely love this show and am extremely proud to be a part of it. Amazing cast, a wild (based on true) story, and stunning clothes.'