Pawan Kalyan, the founder of Janasena Party and actor, recently disclosed that his family possesses assets, both movable and immovable, totaling ₹164.53 crore. Additionally, his income over the past four years has amounted to nearly ₹60 crore.
The actor-politician has ₹ 65.77 crore in liabilities, according to an affidavit that was submitted to the electoral authorities.
The household of Kalyan, along with his four dependent children, possesses mobile assets valued at ₹ 46.17 crore and immovable assets totaling ₹ 118.36 crore.
In his income tax forms for the 2018–19 year, he had reported a loss of ₹ 1.10 crore.
On Tuesday, Pawan Kalyan submitted his nomination from the Andhra Pradesh Pithapuram Assembly segment.
TDP was given 144 Assembly and 17 Lok Sabha seats as part of a seat-sharing agreement amongst NDA partners, while BJP would run for six Lok Sabha and ten Assembly seats.
Janasena has agreed to run for two Lok Sabha seats and twenty-one Assembly seats.
Based on the affidavit, the Janasena head owns 11 vehicles valued at over ₹ 14 crore, which includes a Range Rover and a Harley Davidson bike.
Mr. Pavan Kalyan, who completed his class X education in 1984, is currently confronting eight criminal cases, including charges related to provocative speeches and violations of Motor Vehicle Rules.
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The elections for the 175-member Assembly and 25 Lok Sabha seats in Andhra Pradesh are set to take place on May 13, with the vote counting scheduled for June 4.