Devansh is the only blessed grandchild in Telugu states
Nara Devansh, the six-year old son of former minister Nara Lokesh and grandson of former chief minister Chandrababu Naidu, is the fortunate child in the Telugu States. He is worth, according to the family assets declared by his father the other day, Rs 19 crore, three times of his age!
The child was born with a golden spoon. He was born with Rs 11 crore worth assets even before he was named! That is because he has two grandfathers, greatest among all – paternal grandfather Chandrababu Naidu and maternal grandfather Nandamuri Balakrishna.
Blessed by the two grandfathers, one rules the state and the other rules the Telugu film industry, this child has only assets and no liabilities. Every year, he receives gifts from his two grandfathers, who are so kind and affectionate to the child. He is growing richer year after the year, while unfortunately, his father and grandfather are losing income!
Lokesh was seen as fortunate grandson when his grandmother, the mother of Chandrababu Naidu, gifted him a five-acre land on the outskirts of Hyderabad, a decade ago, which, according to the family, is worth Rs 2.21 crore. He did not receive any assets from his maternal grandfather, late N T Rama Rao, the founder of the TDP, which gave a new political life to Chandrababu Naidu.
But, Devansh is fortunate and happiest of all the children of his age group in the two Telugu states. His grandmother Bhuvaneswari, mother Brahmani, are the only working and income-earning members of the family. The other two – Chandrababu Naidu and Lokesh – are into social service (politics) and have no regular income, except the returns from the shares and other investments, besides a huge load of debts, in the form of bank loans.
While the two women in the family work hard, the grand child, is growing stronger and richer year after the year, thanks to the loving and generous grandfathers – Chandrababu Naidu and Balakrishna – who gift assets and shares to the child every year.