The Economic Times reports on the Hindu temple in Tirupati, India: the Lord Venkateswara temple; reports it is worth $30 billion.
- Type
- News (traditional)
- Source
- The Economic Times Non-LDS
- Hearsay
- DirectJournalism
- Reference
"With net net worth of over Rs 2.5 lakh cr, Tirupati temple is richer than Wipro, Nestle, ONGC," The Economic Times, November 9, 2022, accessed September 25, 2023
- Scribe/Publisher
- The Economic Times
- People
- The Economic Times
- Audience
- Reading Public
PDF- Transcription
Tirupati's world famous Lord Venkateswara temple's net worth of over Rs 2.5 lakh crore (about USD 30 billion) is more than the market capitalisation of IT services firm Wipro, food and beverage company Nestle and state-owned oil giants ONGC and IOC. Tirumala Tirupati Devasthanams, keeper of the temple dedicated to Tirupati's presiding deity, for the first time since its founding in 1933 declared its net worth.
Its assets include 10.25 tonnes of gold deposits in banks, 2.5 tonnes of gold jewellery, about Rs 16,000 crore of deposits in banks, and 960 properties across India. All of these total to over RS 2.5 lakh crore.
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