NEW DELHI: Renowned actor and Jana Sena Party chief Pawan Kalyan, who took office as the deputy chief minister of Andhra Pradesh on Wednesday, boasts significant financial assets. As he steps into his new political role, his wealth and financial holdings have drawn public and media attention.
Substantial assets and liabilities
Pawan Kalyan, who secured his seat from the Pithapuram assembly constituency, has declared assets worth over Rs 164 crore.His financial portfolio includes substantial investments in real estate, bank deposits, and luxury vehicles. However, his liabilities also exceed Rs 65 crore.
Breakdown of assets
Cash and bank balances: Pawan Kalyan holds Rs 3,34,346 in cash and more than Rs 20 crore in various bank accounts.
Real estate: His property investments include multiple residential and commercial properties, contributing significantly to his overall asset value.
Luxury vehicles: The deputy chief minister has a notable collection of luxury cars, valued at over Rs 14 crore.
Net worth in context
Pawan Kalyan’s financial standing is among the highest in the newly formed cabinet of Andhra Pradesh. His net worth is a testament to his successful career in the Telugu film industry and his strategic investments over the years.
CM Naidu’s wealth
In comparison, chief minister N Chandrababu Naidu’s assets are valued at over Rs 931 crore, making him one of the wealthiest political figures in the state. Other key cabinet members also possess significant assets, reflecting a broader trend of affluent leadership within the Andhra Pradesh government.
Substantial assets and liabilities
Pawan Kalyan, who secured his seat from the Pithapuram assembly constituency, has declared assets worth over Rs 164 crore.His financial portfolio includes substantial investments in real estate, bank deposits, and luxury vehicles. However, his liabilities also exceed Rs 65 crore.
Breakdown of assets
Cash and bank balances: Pawan Kalyan holds Rs 3,34,346 in cash and more than Rs 20 crore in various bank accounts.
Real estate: His property investments include multiple residential and commercial properties, contributing significantly to his overall asset value.
Luxury vehicles: The deputy chief minister has a notable collection of luxury cars, valued at over Rs 14 crore.
Net worth in context
Pawan Kalyan’s financial standing is among the highest in the newly formed cabinet of Andhra Pradesh. His net worth is a testament to his successful career in the Telugu film industry and his strategic investments over the years.
CM Naidu’s wealth
In comparison, chief minister N Chandrababu Naidu’s assets are valued at over Rs 931 crore, making him one of the wealthiest political figures in the state. Other key cabinet members also possess significant assets, reflecting a broader trend of affluent leadership within the Andhra Pradesh government.