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Naidu's Wealth Soars: Rs 931 Crore from Heritage Foods

1/1/2025

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Story summary
  • Andhra CM N Chandrababu Naidu's wealth totals Rs 931 crore, primarily from his wife Bhuvaneswari Nara's 24.37% stake in Heritage Foods, worth Rs 763 crore.
  • Founded in 1992, Heritage Foods is a debt-free dairy retailer operating in 12 states, generating Rs 3750 crore in revenue.
  • The company has a market value of Rs 4400 crore, managed by Bhuvaneswari and Naidu's daughter-in-law, Nara Brahmani.