It's believed that Megastar Chiranjeevi's net-worth runs into thousands of crores. His Maa TV haul apart, his heavy real estate returns are believed to be mind-blowing. A recent Financial Express report estimated his net-worth at Rs 1650 Cr.
The financial daily report further suggested that Chiranjeevi made hundreds of crores from an investment that the public are not aware of. It pertains to his participation in the cable distribution business.
"Corporate records show Chiranjeevi was appointed as an additional director at iQuest Enterprises in September 2008, with other familiar names in the same promoter universe appearing across periods, including Nagarjuna and Ram Charan. iQuest Enterprises is a distribution company, a cable operator. India’s television industry is a tens of thousands of crores machine, with subscription revenues forming the biggest block. In 2020, the TV industry was pegged at Rs 68,500 crore, and subscription revenue alone at Rs 43,400 crore," the Financial Express report adds.
Chiranjeevi awaits the release of Mana Shankara VaraPrasad Garu on January 12. Its pre-release event will be held soon.
