Buzz: Allu Aravind Divides All His Assets

Allu Aravind attained dizzy heights as a star producer in Tollywood. Under his Geetha Arts banner, he produced many blockbusters. He collaborated with Mega Star Chiranjeevi and ruled Tollywood for many years.

Now Allu Aravind has taken a daring decision to ensure that his legacy would continue. On the occasion of his 70th Birthday, Allu Aravind distributed all his wealth equally between his sisters and sons.

An insider says Allu Aravind felt it is the right time to write a will as he crossed 70s. It is known that while he owns Geetha Arts, his second son Allu Arjun owns Geetha Arts 2 Pictures. Allu Arjun recently performed Bhoomi Pooja for his own house.

As per sources, Allu Aravind's sister Vasantha, his elder son Venkatesh (Bobby) and younger son Allu Sirish will be sharing the profits of Geetha Arts. He is even providing a cube link to his elder son for releasing the films in the digital format.

Allu Arjun for long was looking for one of his sons to carry forward the legacy of home banner. He thought Allu Sirish would take the responsibility but he became an actor.

As Allu Arjun became a top star, he cannot expect him to take the production and this leaves only his elder son Allu Venkatesh (Bobby) to handle the responsibilities. He is now producing Varun Tej's upcoming entertainer and Allu Aravind hopes that he would continue his legacy forward.