38-year-old Jagan is the son of former chief minister Dr Y S Rajasekhara Reddy. He is an entrepreneur and was working in the energy sector. However, after YSR became Chief Minister, his businesses grew from a mere Rs 40 crore to over Rs10,000 crore in less than five years. Currently, he runs a media house that includes a Telugu newspaper and news channel. Despite YSR's death, he is still considered an influential and powerful politician in the State. He did not inherit the Chief Minister’s post of his father despite a strong campaign led by state MLAs. Jagan is the richest member of parliament in Loksabha as per official data. Jagan was arrested by the CBI (Central Bureau of Investigation) on 27th may 2012 over the charges of disproportionate assets.