Ramoji Rao: Bridging the Gap Between Business and Politics | News

Cherukuri Ramoji Rao, a titan in the world of business and politics, passed away today at the age of 88. His life story reads like a script from a blockbuster movie – starting as a small-time exporter and rising to become a Padma Vibhushan awardee, he left an indelible mark on the landscape of Andhra Pradesh.

Rao’s journey was nothing short of extraordinary. From humble beginnings, he built a chit fund empire, ventured into the hospitality industry, and revolutionized the media landscape with the launch of Telugu and English newspapers that became household names. His foray into filmmaking produced award-winning movies that captured the hearts of audiences.

A visionary ahead of his time, Rao’s business acumen was legendary. He believed in using capital wisely and squeezing every drop of value from it. His Margadarsi Chit Funds became a household name, with a turnover estimated at Rs 10,000 crore spanning multiple states.

Rao’s influence extended beyond business into politics, where he played a pivotal role in the rise of the Telugu Desam Party (TDP). His newspaper, Eenadu, became a powerful voice in shaping public opinion and supporting political movements.

Despite personal setbacks, including the loss of his wife and sons, Rao remained a formidable force in the business and political arenas. His legacy lives on through his family members who continue to manage his vast empire.

The state funeral ordered by Chief Minister Revanth Reddy is a testament to the impact Rao had on the people of Andhra Pradesh. His life was a testament to the power of determination, innovation, and unwavering commitment to excellence. Cherukuri Ramoji Rao may have passed on, but his legacy will continue to inspire generations to come.