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Chevella BJP contestant Vishweshwar Reddy declares family assets worth ₹4568 crore
KV Prasad Jun 13, 2022, 06:35 AM IST (Published)
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Summary
BJP candidate from Chevella Lok Sabha constituency K Vishweshwar Reddy has emerged as one of the wealthiest contestants in Telangana after he declared his family assets worth Rs 4568 crore, according to an affidavit he filed with the election authorities.
Bharatiya Janata Party candidate from Chevella Lok Sabha constituency K Vishweshwar Reddy has emerged as one of the wealthiest contestants in Telangana after he declared his family assets worth ₹4568 crore, according to an affidavit he filed with the election authorities.
Reddy holds 17.77 lakh shares of Apollo Hospital Enterprises Ltd worth ₹973.22 crore at ₹6170 apiece while his wife Sangita Reddy has 24.32 lakh shares worth ₹1500.85 crore.
Sangita Reddy is Joint Managing Director of Apollo Hospitals Group founded by her father Dr C Prathap Reddy.
According to the affidavit, Reddy has assets worth ₹1250 crore while the wife has assets to the tune of ₹3209.41 crore and the rest with their son.
Vishweshwar Reddy began his political career with BRS (then TRS) and became MP from Chevella. He quit the party, and he joined Congress and unsuccessfully contested the 2019 general elections. Later, he joined the BJP.
He completed Bachelors in Electrical Engineering from University of Madras. And pursued MS in the US.
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