Meet Konda Vishweshwar Reddy, Richest BJP Candidate So Far In Lok Sabha Elections 2024 With a Whopping Net Worth

meet konda vishweshwar reddy, richest bjp candidate so far in lok sabha elections 2024 with a whopping net worth

Konda Vishweshwar Reddy: Meet Former Member of Parliament and BJP Lok Sabha candidate Konda Vishweshwar Reddy has made headlines as the wealthiest contestant in the ongoing election fray in the Chevella Lok Sabha constituency.

Vishweshwar Reddy’s Net Worth

In his election affidavit submitted alongside his nomination papers, Vishweshwar Reddy, along with his wife K. Sangita Reddy and son K. Viraj Madhav Reddy, disclosed movable and immovable assets amounting to a staggering Rs 4,568 crore. This notable figure has drawn attention and raised eyebrows across political circles.

Breakdown of Assets

The affidavit reveals a detailed breakdown of the family’s assets. Vishweshwar Reddy and Sangita Reddy possess movable assets valued at Rs 1,178.72 crore and Rs 3,203.9 crore, respectively, while Viraj Madhav Reddy’s assets total Rs 107.44 crore.

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Apollo Hospital Shares and Precious Metals

A significant portion of the family’s movable assets comprises shares in Apollo Hospital Enterprises Limited, with Vishweshwar Reddy’s shares valued at Rs 973.22 crore and Sangita Reddy’s at Rs 1,500.85 crore. Additionally, Ms. Sangita Reddy possesses gold ornaments, diamonds, and other precious metals valued at Rs 10.4 crore, along with receivables of Rs 35.82 crore from various individuals and entities.

Immovable Property Holdings

Vishweshwar Reddy’s immovable assets primarily consist of land holdings in the neighbouring Rangareddy district, estimated at Rs 71.35 crore. Meanwhile, Ms. Sangita Reddy’s immovable assets are valued at ₹5.51 crore. The couple also has dues and liabilities amounting to ₹13.82 crore, with Mr. Vishweshwar Reddy accounting for Rs 1.76 crore of the total.

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Legal Matters and Pending Cases

The affidavit further discloses that Mr. Vishweshwar Reddy is facing legal proceedings related to various charges, including bribery in elections, criminal conspiracy, tampering with computer systems, disobedience to orders by public servants, forgery, and cheating. Cases pertaining to these charges are pending in different courts in Hyderabad, Rangareddy, and New Delhi, highlighting the legal complexities surrounding the candidate.