Amravati: Andhra Pradesh Chief Minister Chandrababu Naidu has declared his assets and stated that the total worth is Rs 2.99 crore. But surprisingly, his other family members are owners of properties worth much more than Naidu himself. Even his grandson, who is just three years old, owns Rs 18.71 crore assets. 

Telugu Desam Party (TDP) chief Chandrababu Naidu has declared his property for the eighth consecutive year and the documents were made public made by his son, who is also the I-T minister, Nara Lokesh, on Wednesday in Amaravati.

Thus, Lokesh's three-year-old grandson Nara Devaansh has six times more property than his grandfather, who is the chief minister. Compared to the last year when he declared his assets, Naidu's property has increased by Rs 46 lakh and his liabilities reduced by Rs 33 lakh (from Rs 5.64 crore to Rs 5.31 crore). Lokesh is also the general secretary of TDP. He owns assets worth 21.40 crore (was 15.21 crore in 2017). While his wife Brahmani's assets reduced to Rs 7.72 crore (Rs 15.01 crore in 2017). 

Naidu’s wife Bhuvaneshwari, who also heads the Heritage Foods chain, is the richest with assets worth Rs 31.01 crore. Her assets increased by Rs 5.6 crore when compared to last year. Naidu had declared assets worth Rs 25.41 crore in his wife's name.