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Richest politicians in the 16th Lok Sabha

New Delhi: 16th Lok Sabha consists of some members who can be easily termed as fabulously rich. These members, apart from working as political and social activists, have also excelled in their respective professions. Some

India TV News Desk Updated on: September 05, 2014 10:57 IST




Butta Renuka: Kurnool (YSRC Andhra Pradesh)

Movable Assets: 1,217,045,913
Immovable Assets: 1,209,194,600
Liabilities: 312,279,927
Total: 2,426,240,513
 
Butta Renuka is an Indian politician and a Member of Parliament from Kurnool Lok Sabha constituency, Andhra Pradesh.
 
Butta Renuka is the founder of India's one of the most successful schools – Meridian Coporate School. She is fairly new to politics. The 2014 Lok Sabha elections were her first.

She won the Indian general election, 2014 being a Yuvajana Sramika Rythu Congress Party (YSRC) candidate. Despite being a debutant, she managed to defeat a senior member of parliament Mr. Kotla Surya Prakash Reddy.
 
Butta Renuka is the wife of Hyderabad-based businessman Neelakanthappa from Pathikonda. She hails from Pullagommi in Veldurthi Mandal.
 
Butta Renuka's family shifted to Hyderabad to initiate business. They started in a small way but in quite a short span of time it expanded and they witnessed a phenomenal growth.
 
Their business expanded to chain of textile showrooms, jewelry malls and educational institution.

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