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Rahul Gandhi's Wealth - Rs 20 Crore in Mutual Funds and Stocks, Plus Rs 55,000 Cash

High-profile candidates Rahul Gandhi and Annie Raja join the Lok Sabha Election 2024 race in Kerala. Contrasting wealth portfolios highlight the contest.

Rahul Gandhis Wealth - Rs 20 Crore in Mutual Funds and Stocks, Plus Rs 55,000 Cash
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High-profile candidates Rahul Gandhi and Annie Raja have officially entered the race for the April 26 Lok Sabha Election 2024. Notably, Annie Raja is challenging Rahul Gandhi in Wayanad. This contest adds excitement to the upcoming elections in Kerala, where polling for all 20 parliamentary constituencies is scheduled on April 26. Rahul Gandhi's financial assets worth Rs 20 crore, highlight the race's dynamics.

According to the Election Commission notification, the deadline for filing nomination papers is April 4. Breakdown of Rahul Gandhi's wealth reveals his diverse investments: ₹3.8 crore in mutual funds, ₹4.3 crore in stock market investments, and ₹26.25 lakh in a bank account. Additionally, he declared ₹55,000 in cash and an annual income exceeding ₹1 crore.

His movable assets, valued at ₹9.24 crore, include investments in various schemes and gold bonds. Moreover, he jointly owns agricultural land with Priyanka Gandhi Vadra in Delhi and possesses office space in Gurugram worth ₹11 crore. With total assets worth ₹20 crore, Rahul Gandhi's financial status is noteworthy. Details of Rahul Gandhi's cash holdings and investments in the stock market further highlight his substantial financial standing.

In contrast, Annie Raja's assets total only ₹72 lakh, consisting of minimal cash, bank deposits, jewellery, and inherited property. Her declaration presents a stark contrast to Rahul Gandhi's substantial wealth. Rahul Gandhi's asset disclosure highlights the vast difference in financial worth between the two candidates.

Rahul Gandhi conducted a grand roadshow before filing his nomination in Wayanad, where he is seeking re-election. During the event, he criticized the BJP and RSS, accusing them of undermining India's constitutional values and democratic principles.

The Lok Sabha elections will unfold in seven phases starting from April 19, with vote counting slated for June 4. The contest between Rahul Gandhi and Annie Raja in Wayanad adds an interesting dimension to Kerala's electoral landscape. Rahul Gandhi's wealth accumulation also becomes a significant aspect in the political narrative of the region.

Vineela Sekhar
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