Andhra Pradesh Chief Minister Chandrababu Naidu and his family’s total assets have gone up by over 12.5 crores in a year. He has been disclosing the assets and liabilities of his family every year for the last 8 years.
Mr Naidu is the richest Chief Minister of the country with declared assets of Rs. 177 crore in his election affidavit. This has been confirmed by an analysis by the Association for Democratic Reforms earlier this year.
The value of his family’s combined assets has reached Rs. 81.83 crore from Rs. 69.28 crore, a jump of Rs. 12.55 crore based on the rates at which assets were acquired.
As per the declaration, his assets worth Rs 2.99 crore while his three-year-old grandson Nara Devaansh is six times richer than his grandfather with assets worth Rs 18.71 crore in his name.
Nara Lokesh’s assets, worth Rs. 15.21 crore last year, stands at Rs. 21.40 crore now. The value of the property in the name of his three-year-old son Devaansh has gone up to Rs. 18.71 crore against last year’s Rs. 11.54 crore.