YS Jagan Mohan Reddy Wealth List
Here's the YS Jagan Mohan Reddy's wealth list, as shown in the affidavit submitted to Kadapa EC along with his nomination papers. As per the affidavit, Jagan is worth at least 500 crores and if elected Lok Sabha, he would be the richest Parliamentarian in the country. He will easily outbeat politicians cum industrialists Lagadapati Rajagopal (Cong) and Nama Nageswara Rao (TDP).
According to the affidavit, Jagan has movable assets to the tune of Rs 365.68 crore while his wife Bharati Reddy has Rs 41.33 crore. Of these, he holds shares, debentures and mutual funds to the tune of Rs 359 crore. The remaining are accounted for by cash in bank accounts (Rs 5.52 crore), NSS, postal savings, insurance policies (Rs 7.08 lakh annual premium) and jewelry and other assets (Rs 20.56 lakh). Of the total cash assets of his wife Bharati, shares, debentures and mutual funds account for Rs 36.1 crore, cash in bank accounts Rs 56.46 lakh and jewellry in the form of gold and diamonds worth Rs 3.8 crore. Both Jagan and Bharati declared that they do not possess any vehicles, aircraft, ships etc. Movable assets 365.68 cr, Immovable assets 150 cr
Wife Bharati Reddy holds assets worth 41.33 cr.
Jaganmohan Reddy's immovable assets including agricultural land, non-agricultural land, commercial land and residential land, all account for Rs 150 crore, the election affidavit filed by the former MP on Friday stated. This includes 42.44 acres of agricultural land in Idupulapaya, and in his wife Bharati's name, 9 acres in Shimoga district of Karnataka, 0.37 acres in Udupi district of Karnataka, 0.95 acres in Pulivendula and 1 acre in Kanchivaripalle, Kadapa.
With regard to commercial property, Jagan has total assets worth Rs 24 crore. Of this, inherited property comprised Rs 6.7 crore while self acquired property amounted to Rs 16.77 crore. Jagan said he had inherited 37,415 sft of commercial property on Road No 2, Banjara hills, from his father YSR while the land measuring 4,257 sft in Sagar Society, Road No 2, Banjara Hills, was purchased by him. In 2009, Jagan had declared assets of Rs 77 crore while filing his nomination for the Kadapa LS seat.
As per the affidavit, Jagan has liabilities in the form of loans etc, to the tune of Rs 2.4 crore and his wife has a liability of Rs 7.7 crore.
In contrast - watch this video to know what Jagan has not shown in the affidavit: