YS Jagan Mohan Reddy's wife Y.S. Bharathi Reddy Biography: Net Worth, Age, Children, Wiki, Family, H
Y.S. Bharathi Reddy is a prominent businesswoman and philanthropist in India.
She is the director of Bharathi Cement Corporation Private Limited and the Sakshi Media Group, among the leading companies in their respective sectors.
She is also the wife of Andhra Pradesh Chief Minister Y.S. Jagan Mohan Reddy and the daughter-in-law of former Chief Minister late Y.S. Rajasekhara Reddy.
Profile
- Full name: Yeduguri Sandinti Bharathi Reddy
- Date of birth: November 17, 1974
- Age: 50 years old
- Gender: Female
- Place of birth: Pulivendula, Andhra Pradesh, India
- Nationality: Indian
- Profession: Director of Bharathi Cement Corporation Private Limited and Sakshi Media Group
- Height: 5 feet 6 inches
- Parents: Dr. E.C Gangi Reddy (father) and Mrs. Gangi Reddy (mother)
- Siblings: N/A
- Spouse: Y.S. Jagan Mohan Reddy (married in 1996)
- Children: Harsha Reddy (daughter) and Varsha Reddy (daughter)
- Relationship status: Married
- Net worth: $5 million
Early Life and Education
Y.S. Bharathi Reddy was born on November 17, 1974, in Pulivendula, a town in the Kadapa district of Andhra Pradesh.
She is the only child of Dr. E.C Gangi Reddy, a renowned pediatrician and philanthropist, and Mrs. Gangi Reddy, a homemaker. She belongs to the Reddy community, a dominant caste in the state.
She grew up in a well-to-do family with access to quality education and health care. She attended the Montessori Public School in Pulivendula, where she excelled in academics and extracurricular activities.
She developed a keen interest in reading and literature from a young age, and was inspired by the works of Rabindranath Tagore, Mahatma Gandhi, and Swami Vivekananda. She is currently 50 years old.
She completed her intermediate education at the Sri Chaitanya Junior College in Hyderabad and then pursued a degree in business administration from the University of Hyderabad.
She graduated with distinction and was awarded a gold medal for her academic performance.
Personal Life
Y.S. Bharathi Reddy married Y.S. Jagan Mohan Reddy, the son of the late Y.S. Rajasekhara Reddy, who was then a member of parliament from Kadapa in 1996.
After knowing each other for a few years, the couple had a love marriage. They met through a mutual friend and fell in love despite their different backgrounds and personalities.
Bharathi was a quiet and reserved person, while Jagan was a dynamic and ambitious politician. They had a simple wedding ceremony attended by their close relatives and friends.
They have two daughters, Harsha Reddy and Varsha Reddy, who are both studying abroad.
Bharathi is a devoted wife and mother supporting her husband in his political career and caring for their family.
She is also a devout Hindu who follows the rituals and traditions of her faith. She lives in Hyderabad, the capital of Telangana, where she owns a luxurious bungalow.
Career
Y.S. Bharathi Reddy is a successful entrepreneur and media personality who has made a mark in cement and journalism.
She is the director of Bharathi Cement Corporation Private Limited, one of India’s largest cement producers, with an annual capacity of 14.75 million tons.
She is also the director of Sakshi Media Group, which owns Sakshi TV, a popular Telugu news channel, and Sakshi, a widely circulated Telugu daily newspaper.
She oversees both companies’ operations and management, ensuring their growth and profitability. She is also involved in the editorial and creative aspects of the media group and contributes to the newspaper and channel’s content and design.
She is also a philanthropist who has initiated and supported various social and charitable causes through the YSR Foundation, established in memory of her father-in-law, the late Y.S. Rajasekhara Reddy.
The foundation works in education, health, women empowerment, rural development, and environmental protection.
It provides scholarships, medical aid, vocational training, and livelihood opportunities to the poor and the needy.
It also organizes awareness campaigns, blood donation camps, and relief operations during natural disasters. Bharathi is the foundation’s chairperson and personally oversees its activities and projects.
Controversy
Y.S. Bharathi Reddy has been involved in controversies and legal troubles in her career and personal life.
Some of them are:
She was accused of being involved in the illegal mining and export of iron ore from Karnataka and Andhra Pradesh, along with her husband and his associates, by the Central Bureau of Investigation (CBI) in 2011.
She was named as an accused in the charge sheet filed by the CBI and was summoned for questioning and interrogation. She denied any wrongdoing and claimed that she was being targeted for political reasons.
She was also accused of being involved in the money laundering and disproportionate assets case against her husband by the Enforcement Directorate (ED) 2012.
She allegedly received and transferred huge amounts of money from various sources, violating the Foreign Exchange Management Act (FEMA) and the Prevention of Money Laundering Act (PMLA).
She was also alleged to have acquired and possessed several properties and assets, which were disproportionate to her known sources of income.
She was issued notices and summons by the ED and was asked to appear before the agency. She challenged the notices and summons in the court and sought relief from the proceedings.
She was also accused of being involved in the quid pro quo investments case against her husband by the CBI and the ED in 2013.
She was alleged to have received and invested funds from various companies and individuals, who were granted favors and benefits by her husband when he was the minister of state for commerce and industry in the central government and later the chief minister of Andhra Pradesh.
She allegedly used her companies, Bharathi Cement and Sakshi Media, as conduits for the transactions.
She was named an accused in the supplementary charge sheet filed by the CBI and attached by the ED under the PMLA. She denied any involvement and claimed that she was being harassed and victimized by the agencies.
She was recently allowed by the Supreme Court of India to replace some of her assets that the ED attached with fixed deposits in 2023.
She had filed a petition in the apex court, seeking permission to do so because the attachment was causing her financial hardship and affecting her business operations. The court granted her request and directed the ED to release her assets upon receiving the fixed deposits of equivalent value.
Social Media
- Instagram: @ysbharathireddy
- Twitter: @YSBharathiReddy
- YouTube: Y.S. Bharathi Reddy
Net Worth
Y.S. Bharathi Reddy has an estimated net worth of around $5 million. She is one of the richest women in India.
She has amassed her fortune from her businesses in the cement and media sectors and from her investments in real estate, hospitality, and other industries.
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