Naidu’s Grandson Richer than him by 16 Crore

Former Andhra Pradesh Chief Minister and leader of Telugu Desam Party N Chandrababu Naidu has net assets worth Rs 3.87 crores while his three-year-old grandson Nara Devaansh is richer with assets worth Rs 19.42 crores in his name.

This is for the second consecutive year that Naidu continues to be poorer than his little grandson, Nara Devansh. Naidu’s wife Bhuvaneswari, who heads the family’s Heritage business, saw an increase of over Rs 8 crores in her fortune with the net assets being Rs 39.58 crores.

Naidu’s son Lokesh became poorer by Rs 2 crores since the value of his assets shrunk to Rs 19 crores. He had liabilities to the tune of Rs 5. 70 crores.

The total assets of Naidu are worth Rs 9 crores. Naidu also owns a Bungalow at Hyderabad’s Jubilee Hills, which is priced at a massive amount of Rs. 8 crores. Naidu’s Naravaripalle house in Chittoor district is valued at Rs 23.84 lakhs. Furthermore, Naidu has Rs 74.10 lakhs balance in his savings bank account.

On the other hand, talking about Devaansh’s assets, then he owns an open plot worth Rs 16.17 crore in Jubilee Hills along with some fixed deposits and some shares in Heritage foods.