During the promotional interviews for his May 2023 movie Malli Pelli, senior actor VK Naresh was asked if he is a billionaire with property assets valued at over Rs 1,000 crore. While he didn't confirm anything, he acknowledged that a major portion of his assets came from the properties and investments inherited from his late mother, Vijaya Nirmala, while the rest was earned through his own career and investments.
In a recent interview, Naresh opened up about his lack of financial planning, even suggesting that he hadn't earned much from his acting career. "I didn't invest in real estate as much as I should have. I also used to give money to those who sought my help. Besides, I have always had a fascination for high-end luxury cars," Naresh stated, adding that he had spent far more money on cars than people might imagine.
Naresh was once associated with the BJP in undivided Andhra Pradesh. During that period, he funded political campaigns out of his own pocket. "I also set up an advertising agency at the time, but we incurred losses," Naresh revealed.
If the speculative reports from 2023 are anything to go by, much of Naresh's current wealth can be attributed to the assets he inherited from his late mother.
