Andhra Pradesh CM Chandrababu Naidu's 3-Yr-Old Grandson Is 6 Times Richer Than Him

Andhra Pradesh Chief Minister Chandrababu Naidu declared assets to the public for the eighth consecutive year. The assets were made public by Naidu's son and Andhra Pradesh I-T minister Nara Lokesh on Wednesday in Amravati.

As per the declaration, chief minister Naidu's three-year-old grandson, Nara Devansh, is six times richer than his grandfather with assets worth Rs 18.71 crore in his name.

As per the details shared by Naidu’s son Nara Lokesh last evening, the total assets of the Andhra Pradesh Chief Minister and his family have grown by more than Rs 12.5 crore in a year. Devansh, who is the youngest in the family is richer than both his father and grandfather. As per the declaration, Naidu's grandson has a house worth Rs 16.17 crore in posh Jubilee Hills in Hyderabad and fixed deposit worth Rs 2.49 crore.

Naidu’s wife and Heritage Foods head Bhuvaneshwari is the richest in the family with net assets worth Rs 31.01 crore, witnessing an increase of Rs 5.6 crore in comparison to last year (Rs 25.41 crore).

*Originally published in India Today*