The Association for Democratic Reforms (ADR) said Chief Minister Jagan Mohan Reddy was the richest man in the AP cabinet. ADR releases list after review of 26 cabinet submission polls.Accordingly, CM Jagan topped the list with assets worth Rs 510 crore, followed by Ramachandra Reddy with Rs 130 crore. Gautam Reddy is third with Rs 61 crore. Of the 26 ministers in the Jagan cabinet, 23 (88 per cent) are billionaires, according to the ADR report.
The average asset of the ministers was Rs 35.25 crore. Of the 17 ministers in the Cabinet, criminal cases have been filed and nine of them have serious charges. Ramachandra Reddy is ahead of everyone when it comes to debt. He has debts of Rs 20 crore. The ADR said in its report that Cherukuvada Sringanatharaju had Rs 12 crore and Avanti Srinivasarao Rs 5 crore.