Let’s take an overview of one of the most luxurious temples in the world. Yes it’s the Tirupati Balaji Temple within Andhra Pradesh. One of the most affluent temples in the world? Yes! Every year, millions of people come to this sacred place of worship and give gold, money and other things of value for the temple. This all adds up to a net worth that’s amazing. What’s that? If you’re looking to learn more about just this, let’s take a closer look, will we?
What’s The Net Worth Aka How Rich Is Tirupati Balaji Temple?
According to recent estimates it is valued at more than Rs. 2.5 million crore. This is exactly what makes it as a top contender of the top temples in India and the world. However, it is important to remember that this doesn’t include all donations. We’re discussing everything in one place such as gold, cash property, land, and other property owned by the trust for temples. Temple trust? Yes, we’re referring temple trusts. Tirumala Tirupati Devasthanams (TTD) here.
If we look deep into the details here we will see that, according to the facts which are out, Tirupati Balaji Temple owns more than 7,100 acres of land in India. That’s it? No! This temple is also home to more than 11,000 ounces of gold in banks, and deposits of more than 188,000 crore.
Where Does the Money Come From?
We’ve discussed earlier the main source of income comes from devotee donations, and there are no two ways about it. Each day thousands of people deposit cash, gold, or jewelry into the temple’s hundi (donation box). If you’re looking for a year-long estimation of all the donations from the visitors to this temple in the span of a single year this amount will rise to around 1,600 crores! What do you think?
Do you want to know an fascinating aspect? Do you know of the reality that the temple earns interest from the money that has already been deposited into the banks? That amounts to around 1167 crores per year by interest, which is awe-inspiring when you consider it for a moment.
Another interesting aspect of the income? Why would you not? The other top earner is the famed Tirupati laddus. Laddus? Yes! It’s true! These unique offerings from temples have become so adored that they earn an annual revenue of around Rs. 600 crore that’s a staggering amount right there. In addition devotees are required to pay for darshan tickets and seva offerings that add an additional Rs338 million to temple’s earnings.
