With Assets Worth Rs 5,785 Crore, This Lok Sabha Candidate Is the Wealthiest Yet

According to an affidavit filed by him, Chandra Sekhar’s individual assets stood at Rs 2,448.72 crore, while his wife Sriratna Koneru has Rs 2,343.78 crore worth of assets, and their children have nearly Rs 1,000 crore. A press release by the Association for Democratic Reforms (ADR) had stated that former Madhya Pradesh Chief Minister Kamal Nath’s son, Nakul Nath, topped the richest contestants list in the Phase-I of the Lok Sabha polls held on April 19, with nearly Rs 717 crore worth of assets. Chandra Sekhar’s family has a liability of Rs 1,138 crore to JP Morgan Chase Bank of USA in the form of a Line of Credit. His journey from Burripalem village in Andhra Pradesh to working as a physician teacher at Johns Hopkins University – Sinai Hospital, and founding UWorld, an online learning and study resources platform, has been fascinating.

The Doctor-Entrepreneur-Politician completed his MBBS at NTR University of Health Sciences Vijayawada in 1999 and pursued MD (Internal Medicine) from Geisinger Medical Center in Danville, Pennsylvania in 2005. He secured 27th rank among 60,000 students who took the EAMCET medical entrance examination (MBBS) in the state, which was considered the most competitive examination in the country. Chandra Sekhar, with an interest in public service, has been working on behalf of the TDP’s NRI wing since 2010 to support several welfare programs of the party. Though he desired to contest the Lok Sabha polls from Narasaraopet segment in 2014, TDP allotted the ticket to R Sambasiva Rao due to political issues.

In a joint filing with his wife, he declared Rs 605.57 crore as per the US Tax Cycle Year January 2022 to December 2022 in that country. He has investments and shares in several US-based firms and also possesses luxury cars such as Rolls Royce Ghost, Mercedes Benz, and Tesla in the USA. Chandra Sekhar will take on YSR Congress Party’s K Venkata Rosaiah in the elections. *(Except for the headline, this story has not been edited by NDTV staff and is published from a syndicated feed.

)*