News/City Updates

Chandrababu Naidu declares assets; grandson Devaansh is six times richer than him

Nara Chandrababu Naidu’s family declared its assets for the eighth consecutive year. The declaration were made public by Telugu Desam Party National General Secretary and Information Technology and Panchayat Raj Minister Nara Lokesh.

As per the declaration, the Andhra Pradesh Chief Minister holds net assets worth Rs 2.99 crores and is apparently the poorest among his family members. While his total assets are worth Rs 8.31 crores, the liabilities sum up to 5.3 crores, bringing his net assets to the aforementioned amount.

Chandrababu Naidu’s net worth, which were declared to be 2.53 crore last year, increased by 46 lakhs in one year’s time.

His three-year-old grandson, Nara Devaansh, on the other hand, possesses assets worth Rs 18.71 crores. As per the declaration, Lokesh’s son holds an open plot at Jubilee Hills in Hyderabad, which is worth Rs 16.17 crores.

Chandrababu Naidu’s wife, Nara Bhuvaneswari, is the richest in the family with net assets worth Rs 31.01 crores. The Heritage Foods head has reported a jump of Rs 5.6 crores in her worth from the last year’s declaration.

Nara Lokesh declared to hold net worth Rs 21.40 crores this year, reporting an increase from late year’s Rs 15.21 crores. His wife, Nara Brahmani’s monetary worth came down to Rs 7.72 crores from Rs 15.01 crores.

The value of the combined assets of Chandrababu Naidu’s family has been declared to be Rs 81.83 crores, witnessing a jump of Rs 12.55 crores from last year’s Rs 69.28 crores.

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