Meet TDP’s Chandra Shekhar Pemmasani, the Richest Candidate in the Fourth Phase of Lok Sabha Elections With Assets Worth Rs 5,705 crore.

Telugu Desam Party candidate from Guntur Lok Sabha seat in Andhra Pradesh, Dr Chandra Shekhar Pemmasani, who has a net worth of Rs 5,705 crore, is the richest candidate in the 4th phase of the Lok Sabha elections 2024.

According to the affidavit filed by him, the total assets include movable assets worth Rs 5,598 crore and immovable assets worth Rs 106 crore.

Pemmasani will face YSR Congress Party’s K Venkat Rosaiah, the sitting Member of Legislative Assembly (MLA) from Ponnur constituency and son-in-law of former Union Minister Ummareddy Venkateshwarlu.

Pemmasani will make his electoral debut in these elections. Voting is to be held in Guntur on May 13 in the fourth phase of Lok Sabha elections.

How this doctor built an education empire from his dorm room:

More than two million students worldwide have used UWorld – an online learning platform used to prepare for high-stakes exams ranging from the SAT to the United States Medical Licensing Examination (USMLE).

The test prep resources he found provided a passive approach to learning, and he knew that mastering a subject involved active learning.

Founder Dr. Chandra Shekhar Pemmasani arrived in the US from India to complete his residency. He took out enough loans to purchase USMLE study materials to successfully pass the exam. However, despite significant investment, they did not find the content particularly helpful in achieving the desired marks.

Many of his colleagues were in the same situation and asked for help, so as he started his residency, Pemmasani decided to write 200 pages of case-based scenarios for the USMLE.

Apart from his medical qualifications, Dr. Pemmasani also delved deeply into the world of business. He has an extensive investment portfolio that includes more than 100 publicly traded companies in the US, such as tech giant Microsoft Corp, soft-drink giant Coca-Cola Co, innovative transportation unit Uber Technologies and multinational technology corporation Apple Inc.

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