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Chiranjeevi, wife own assets worth Rs 880 mn

Film star-turned-politician K Chiranjeevi and his wife Surekha own assets worth Rs 880 million (Rs 88 crore), a record among politicians in Andhra Pradesh who declared their assets while filing nominations for this month's elections.

india Updated: Apr 05, 2009 02:02 IST

Film star-turned-politician K Chiranjeevi and his wife Surekha own assets worth Rs 880 million (Rs 88 crore), a record among politicians in Andhra Pradesh who declared their assets while filing nominations for this month's elections.

The Telugu megastar has less assets in his name than his wife. The couple, however, has beaten Chief Minister YS Rajasekhara Reddy's son YS Jaganmohan Reddy and his wife, who declared assets of Rs 770 million (Rs 77 crore).

The Praja Rajyam party president, who filed his nomination papers in Palacole assembly constituency in his native West Godavari district on Friday, declared in an affidavit that he has immovable assets worth over Rs 303 million (Rs 30.32 crore) while his wife Surekha is worth Rs 480 million (Rs 48 crore).

The megastar, who plunged into politics last year after a three-decade-long film career, also declared that he has movable assets of over Rs 35 million (Rs 3.50 crore) while his wife's movable assets are worth over Rs 61 million (Rs 6.16 crore).

The movable assets of Chiranjeevi include Rs 634,521 cash, Rs 2.1 million (Rs 21 lakh) deposits, Rs 11.2 million (Rs 1.12 crore) bonds and shares, a Honda CRV car worth Rs 827,150 and gold worth Rs 19.5 million (Rs 1.95 crore).

The immovable assets of Chiru, as the actor is popularly known, include his Jubilee Hills residence here worth Rs 143.6 million (Rs 14.36 crore), a house in Chennai worth over Rs 20 million (Rs 2 crore), land at four different places including Hyderabad and Chennai valued over Rs 130 million (Rs 13 crore).

Chiru's wife owns houses, flats and other property in Hyderabad, on the city outskirts and in Chennai. They include a Jubilee Hills residence in Hyderabad worth Rs 40 million (Rs 4 crore), another house here worth Rs 12.4 million (Rs 1.24 crore), three houses in Chennai together worth over Rs 35 million (Rs 3.5 crore).

She also has in her name 4.10 acre land in Kokapet on outskirts of Hyderabad valued at Rs 85 million (Rs 8.5 crore), 9.8 acre land in Medak district worth Rs 46.4 million (Rs 4.64 crore), another land in Gacchibowli in Hyderabad worth Rs 19.2 million (Rs 1.92 crore) and plots at three places in Chennai worth over Rs 65 million (Rs 6.50 crore) and another plot in Karnataka worth over Rs 40 million (Rs 4 crore).

The 53-year-old actor, who has starred in 149 films, is also contesting the assembly elections from Tirupati constituency. His brother-in-law and film producer Allu Aravind, who is contesting for the Lok Sabha from Ankapalle, is worth Rs.240 million (Rs.24 crore).

The chief minister's son Jaganmohan Reddy, an industrialist who is the Congress candidate for the Kadapa Lok Sabha seat, has already declared that he and his wife Bharati together have assets of over Rs.770 million (Rs.77 crore).

The chief minister, who is seeking re-election from Pulivendula assembly constituency in Kadapa district, declared that he owns assets worth Rs.13.4 million (Rs.1.34 crore) while his wife Vijayalakshmi has assets worth Rs.9,943,122.

Opposition leader N Chandrababu Naidu, who filed his nomination from Kuppam assembly constituency in Chittoor district, declared in the affidavit that he and his wife N Bhuvaneswari own assets worth Rs.500 million (Rs.50 crore). Majority of the assets are in the name of Naidu's wife.