CM Ramesh to be richest TDP MP

C M Ramesh, the richest TDP MP

Most of the Rajya Sabha candidates who filed their nominations on Monday are crorepatis. The richest of them is C M Ramesh of TDP, while Rapolu Anand Bhaskar of Congress Party has very modest assets to declare. The six Rajya Sabha candidates submitted details of their assets along with their nomination papers.

Ramesh has pipped his own party’s Nama Nageswara Rao, the industrialist-turned-MP, to the post to the coveted position of the richest MP in India.

Nama was ranked number one in riches among all the MPs with his wealth valued at Rs 173 crore in 2009.

C M Ramesh, the industrialist in the infrastructure sector, will now be leading the pack with Rs 175 crore worth assets, besides 5.5 kilo gold. He is followed by Chiranjeevi, whose wealth amounts Rs 97.5 crore, besides 14 kg of gold and 179 carat jewels.

Chiru’s wealth seems to have increased by more Rs 10 crore since 2009, when he had declared his assets at Rs 88 crore.

(Jagan had overtaken all these gentleman by a long margin last year when he contested from Kadapa. He declared his assets valued at Rs 365 crore. That still remains the number one rank!)

Renuka Chowdary is in  the third position with Rs 53.3 crore worth properties, while Devender Goud of TDP has Rs 38 crore worth assets with 2 kg gold.

Palvai Govardhan Reddy has immovable property worth Rs 2.10 crore and Rs 27.8 lakhs worth movable property. Rapolu Anand Bhaskar of Congress boasts of a meagre Rs 6.5 lakh worth immovable property and movable assets valued at Rs 80,000.

While C M Ramesh owns immovable properties worth Rs 149 crore, his movable assets cost Rs 25 crore. Chiru has immovable property worth Rs 65.5 crore, while his movable property is valued at Rs 32 crore.

Renuka’s immovable property is worth Rs 42 crore and her immovable assets cost Rs 11.30 crore.