Yes, literally. Whatever he touched turned into gold, i.e. become a viable enterprise. He came from a very humble and poor family. But by sheer hard work, sharp business acumen, and political chutzpah, he achieved several business successes in his life.
The late Ramoji Rao's businesses include the Eenadu Newspaper, ETV network, Ushakiran movies, ETV Bharat, Margadarsi chit funds, Dolphin Group of hotels, Kalanjali shopping mall, Priya pickles, and Mayuri Film Distributors.
The late Ramoji Rao was an ardent supporter of Homeopathy. He and the late Dr. Pavuluri Krishna Chowdary popularized Homeopathy in the erstwhile Andhra Pradesh state. The latter used to write articles on Homeopathy in the former’s newspapers and magazines.