Last Updated:March 10, 2026, 17:35 IST
This MLA from Kovur is India's richest woman legislator with assets worth Rs 716 crore, actively involved in politics and business with her husband

In a country where women have steadily carved a space for themselves across cinema, sports, business and industry, wealth and influence are no longer confined to traditionally male-dominated arenas. Now, the spotlight has turned to politics, where a legislator from Andhra Pradesh has emerged as the richest woman MLA in India. (News18 Telugu)

A recent report released by the Association for Democratic Reforms (ADR) has identified Vemireddy Prashanthi Reddy, the MLA representing Kovur constituency in Nellore district, as the wealthiest woman legislator in the country. According to her affidavit filed during the 2024 elections, Prashanthi Reddy declared total assets worth approximately Rs 716 crore, including both movable and immovable properties, making her a standout figure in the national political landscape. (News18 Telugu)

The ADR analysis shows that Prashanthi Reddy ranks first among the top three women MLAs from Andhra Pradesh in terms of declared wealth. Her assets far exceed the average wealth of women representatives in the state, which stands at around Rs 74 crore, placing her in a league of her own among women politicians. (News18 Telugu)

Prashanthi Reddy's political and financial profile is closely linked with her husband, Vemireddy Prabhakar Reddy, a prominent industrialist and politician. He previously served as a Rajya Sabha member and was elected as the Member of Parliament from the Nellore constituency in the 2024 general elections. The couple remains actively involved in both state and national politics while also maintaining a strong presence in social and service initiatives in their home district. (News18 Telugu)

The Vemireddy family is known for its business interests in mining, infrastructure and contract works. Their flagship company, VPR Mining Infra Pvt Ltd, undertakes major projects across the country. Prashanthi Reddy herself is actively involved in the business operations and has also built a strong connect with voters in her constituency, which helped pave the way for her political entry and electoral success. (News18 Telugu)

Prashanthi Reddy married Prabhakar Reddy after the demise of her first husband, Harshavardhan Reddy. The family includes a son and a daughter, Neelima Reddy, who is also associated with the family’s business ventures and social service activities. Observers say she may eventually step into public life, continuing the family's political legacy. (News18 Telugu)

Beyond business and politics, the family has also been engaged in several philanthropic initiatives. Through the VPR Foundation, hundreds of RO drinking water plants have been installed across Nellore district. The foundation also organises free medical camps and provides financial assistance to underprivileged students, initiatives that helped establish Prashanthi Reddy’s public profile even before she formally entered politics. (News18 Telugu)

Her election affidavit further reveals that the family owns around 19 luxury cars and has significant investments in real estate, construction and company shares. The Vemireddy family is widely regarded as one of the most affluent and influential political families in Andhra Pradesh. (News18 Telugu)

While Prashanthi Reddy was already known in her constituency for her public service as an MLA, the latest ADR report has now placed her firmly in the national spotlight as the richest woman legislator in the country. (News18 Telugu)

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