Sri Venkateswara Temple in tirumala, India owns assets including 10.25 tons of bank gold, 2.5 tons of jewelry, about 16,000 Rupees of bank deposits and 960 real estates across India. The total value of the temple's assets is up to more than 30 million USD.
The net value of the temple was recently compiled and announced by the abbot of Tirupati, which surprised the public. With this total amount of money, the 1,700-year-old ancient temple is even more valuable than the market capitalization of famous companies such as Wipro, Nestle or oil giants such as ONGC and IOC.
According to Indian officials, the temple's revenue is increasing thanks to the increased cash and gold streams of worshippers. In addition, high interest rates also make the temple's fixed banking money and gold increasingly flourish.
In addition, the temple also owns more than 900 plots of land and 7,000-shaped buildings in different regions across the country. Venkateswara also has a large number of smaller temples in Andhra Pradesh, Telangana, Tamil Nadu, Odisha, Haryana, Maharashtra and New Delhi.
The temple's inventoryed assets do not include invaluable antiques, jewelry, painting houses and guesthouses built for worshippers on the seven hills.
Venkateswara Temple is located in tirumala town in Andhra Pradesh state, India.
Venkateswara Temple worships the god Vishnu - believed to be the god who came to Earth to save humanity from war. Many Hindu followers believe that they must go to the temple at least once in their life.
Every year, about 40 million believers visit and offer offerings to Venkateswara Temple, including many rich businessmen. They offered many jewelry made of gold, cash and valuable assets to show their respect.
Today, the 1,700-year-old temple is still the second most famous spiritual destination in India. Venkateswara is also known as the richest temple in the world due to the huge amount of assets it owns, which has increased over time.