Meet man who was once a tuition teacher, now owns 750 schools, his net worth is Rs…,name is…
GH News January 03, 2025 12:06 AM
Well-educated politicians are a rare breed everywhere in the world especially in India and one of those rare gems is Ponguru Narayana aka P Narayana an educationist-turned politician who was once a tuition teacher and today owns Hyderabad-based Narayana Group which operates over 750 schools across the country
Who is P Narayana?
Born into a Telugu family on June 15 1957 in Nellore Andhra Pradesh Dr Ponguru Narayana or P Narayana as he is fondly called completed his early education in his hometown before earning a Bachelors degree in mathematics and statistics from V. R. College in Nellore in 1977.
Later Narayana completed his MSc. and PhD in statistics from the Sri Venkateswara University and worked as a senior lecturer before establishing the Narayana Group which started from humble beginnings with just one coaching centre.
Today the Narayana Group is ranked among the ten biggest school chains in India having over 750 schools colleges and coaching centres spread across 23 states in the country and employing over 50000 teachers.
P Narayana political career
Dr P Narayana began his political journey in 2014 when he was elected as a Member of the Andhra Pradesh Legislative Council by the ruling Telugu Desam Party (TDP) and served as the Minister for Municipal administration and Urban development & Urban Housing under the then and current Chief Minister Chandrababu Naidu.
In 2024 P Narayana contested the Andhra Pradesh state elections from Nellore City constituency and emerged successful as the TDP-led NDA returned to power in the state.
Dr Narayana is currently serving as the Minister for Municipal administration and Urban development in the Chandrababu Naidu-led government.
P Narayana net worth
In his mandatory affidavit for contesting the 2024 Assembly Elections Dr Ponguru Naryana declared his total assets to be worth over Rs 496 crore with liabilities of more than Rs 36 crore.
According to the affidavit Dr Narayana owns movable assets worth Rs 55.7 crore and immovable assets worth around Rs 441 crore.
Dr Narayana is married to Ponguru Ramadevi. The couple have three children.