3 new billionaires in elections fray of AP

Three billionaire industralists are going to test their luck in this elections.Out of this three, two are from Seema Andhra and one from Telangana. Jayadev Galla (TDP), Ayodhya Rami Reddy (YSRCP) and Konda Vishweshwara Reddy (TRS) are the three billionaries trying for Guntur, Narasaraopeta and Chevella Parliamentary positions. According to their affidavits, Jayadev Galla declared assets movable assets of Rs5.41 billion while his wife Padmavathi Galla’s liquid assets are worth Rs450 million. Their two sons together own movable assets of over Rs50 million.

Jayadev has immovable assets worth Rs790.24 million and Padmavathi Rs60.76 million. Jayadev’s annual income is Rs 160.30 million while his wife earn Rs5.46 million. On the other side, Ayodhya Rami Reddy and his wife own assets of Rs4.16 billion while Konda Vishweshwara Reddy has family assets of Rs5.28 billion. It may be noted that Ayodhya Rami Reddy is an accused in Jagan’s disproportionate assets case.