Amaravati: Andhra Pradesh Chief Minister N Chandrababu Naidu has net assets worth Rs 2.99 crore but you will be shock to know that his grandson is six time richer than him. CM’s three year old grandson Nara Devaansh has assets worth Rs 18.71 crore in his name.

At a press conference Wednesday, Naidu's son and state Information Technology Minister Nara Lokesh declared the family's assets. Last year Lokesh's assets were Rs 15.21 crore but now it has increased to 21.40 crore.

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Naidu's assets  value increased by just Rs 46 lakh as compared to last year while his debt burden reduced from Rs 5.64 crore to Rs 5.31 crore on a housing loan. The new house he constructed in Jubilee Hills, Hyderabad, has been valued at Rs 8.96 crore against Rs 7.75 crore last year.

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Talking about richest member of the house, its Naidu's wife Bhuvaneswari  who has net assets worth Rs 31.01 crore, which rose from Rs 25.41 crore last year. Her liabilities also increased from Rs 20.90 crore to Rs 22.35 crore during the year.According to figure released by Lokesh, his wife Brahmani saw her assets decline by half to Rs 7.72 crore from Rs 15.01 crore last year. Her liabilities increased to Rs 5.66 crore.Their son Devaansh, however, grew richer by over Rs 7 crore this year with his assets touching Rs 18.71 crore compared to Rs 11.54 crore last year.