As per the IIFL Wealth Hurun India Rich List, Arabindo Pharma's PV Ram Prasad Reddy emerged as the richest in Telugu States with Rs 14,800 crore wealth. He was ranked 51 among the Top 100 Richest Indians.
Megha Engineering and Infrastructures Chairman P Pitchi Reddy, who secured 57th Rank in Top 100 Richest Indians list, is the second most richest in Telugu States with a net worth of Rs 13,400 crore. Even Third Rank Holder belongs to the same Real Estate Firm. He is none other than PV Krishna Reddy who is the Managing Director of Megha Engineering and Infrastructures. PV was ranked 63rd in India for having a fortune of Rs 12,900 crore.
Satchandra Kiran and Nilima Motapanti of Divi's Laboratories secured 83rd and 89th ranks with a net worth of Rs 10,200 crore and Rs 9,800 crore respectively.
In 2018, 831 Indians featured in the Rich List with each of them have a fortune of Rs 1,000 crore or more. In an year, This number grew up to 953. As many as 74 Individuals hailing from AP and Telangana featured in this list. My Home chairman Jupally Rameswara Rao secured 174th Rank with Rs 4,500 crore assets. Three More Individuals (Jupally Ramu Rao, Jupally Ranjit Rao, Jupally Vinod) belonging to My Home Group obtained same rank (588) with the same wealth (Rs 1,400 crore) they owned. Jupally Shyam Rao was ranked 638 for having a fortune of Rs 1,300 crore.
Four Individuals from Navayuga Group featured in the rich list. C Visweswar Rao who owns Rs 2,400 crore was ranked 373, Chinta Sasidhar secured 537th Rank with Rs 1,600 crore wealth, Lakshmi Priyadarshini received 638th rank with a fortune of Rs 1,300 crore and Chinta Sridhar settled at 694th rank with Rs 1,200 crore net worth.
Megha Engineering and Infrastructures Chairman P Pitchi Reddy, who secured 57th Rank in Top 100 Richest Indians list, is the second most richest in Telugu States with a net worth of Rs 13,400 crore. Even Third Rank Holder belongs to the same Real Estate Firm. He is none other than PV Krishna Reddy who is the Managing Director of Megha Engineering and Infrastructures. PV was ranked 63rd in India for having a fortune of Rs 12,900 crore.
Satchandra Kiran and Nilima Motapanti of Divi's Laboratories secured 83rd and 89th ranks with a net worth of Rs 10,200 crore and Rs 9,800 crore respectively.
In 2018, 831 Indians featured in the Rich List with each of them have a fortune of Rs 1,000 crore or more. In an year, This number grew up to 953. As many as 74 Individuals hailing from AP and Telangana featured in this list. My Home chairman Jupally Rameswara Rao secured 174th Rank with Rs 4,500 crore assets. Three More Individuals (Jupally Ramu Rao, Jupally Ranjit Rao, Jupally Vinod) belonging to My Home Group obtained same rank (588) with the same wealth (Rs 1,400 crore) they owned. Jupally Shyam Rao was ranked 638 for having a fortune of Rs 1,300 crore.
Four Individuals from Navayuga Group featured in the rich list. C Visweswar Rao who owns Rs 2,400 crore was ranked 373, Chinta Sasidhar secured 537th Rank with Rs 1,600 crore wealth, Lakshmi Priyadarshini received 638th rank with a fortune of Rs 1,300 crore and Chinta Sridhar settled at 694th rank with Rs 1,200 crore net worth.