Scindia, Sule, Pallavi Dempo: Top 10 richest candidates in Phase 3

Scindia, Sule, Pallavi Dempo: Top 10 richest candidates in Phase 3

Lok Sabha polls phase 3: The top three candidates in terms of declared assets possess wealth ranging into hundreds of crores, with the highest declared assets crossing Rs 1,361 crore.

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Furthermore, the ADR report said that out of 1,352 candidates, 29 per cent or 392 candidates are "crorepatis"Furthermore, the ADR report said that out of 1,352 candidates, 29 per cent or 392 candidates are "crorepatis"
Business Today Desk
  • Apr 30, 2024,
  • Updated Apr 30, 2024 3:18 PM IST

Pallavi Shrinivas Dempo, Bharatiya Janata Party's (BJP) South Goa candidate is the richest of all the contendors in the third phase of the ongoing Lok Sabha polls 2024. The top three candidates in terms of declared assets possess wealth ranging into hundreds of crores, with the highest declared assets crossing Rs 1,361 crore.

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Dempo has total assets worth more than Rs 1,361 crore, comprising around Rs 1,250 crore in movable assets and roughly Rs 111 crore in immovable assets, according to the recent data by the Association of Democratic Reforms.

In her affidavit, Dempo declared assets worth Rs 255.44 crore and her spouse Shrinivas Dempo declared assets of Rs 998.83 crore. The Dempo couple also has interests in mining, shipbuilding, sports, luxury homes in Dubai and London, luxury cars, jewellery and  other investments. 

Among other rich candidates are Union Minister and Scindia royal family scion Jyotiraditya Scindia from Madhya Pradesh's Guna, Chhatrapati Shivaji Maharaj's descendant and Kolhapur Congress candidate Chhatrapati Shahu Shahaji or Shahu II, and Dr Prabha Mallikarjun from Karnataka's Davanagere. 

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Top 10 richest candidates in Lok Sabha elections phase 3

S. No. Candidate nameStateConstituencyParty NameTotal assets
1Pallavi Shrinivas DempoGoaSouth GoaBJPRs 1,361 crore
2Jyotiraditya ScindiaMadhya PradeshGunaBJPRs 424 crore
3Chhatrapati Shahu ShahajiMaharashtraKolhapurCongressRs 342 crore
4Dr Prabha MallikarjunKarnatakaDavanagereCongressRs 241 crore
5Chhatrapati Udayanraje BhosaleMaharashtraSataraBJPRs 223 crore
6Ranjitsinh NimbalkarMaharashtraMadhaBJPRs 205 crore
7Praveen Singh AronUttar PradeshBareillySPRs 182 crore
8Supriya SuleMaharashtraBaramatiNCP (SP)Rs 166 crore
9Mohammed Badruddin AjmalAssamDhubriAIUDFRs 155 crore
10Poonamben MaadamGujaratJamnagarBJPRs 147 crore

Source: Association of Democratic Reforms (ADR)

Furthermore, the ADR report said that out of 1,352 candidates, 29 per cent or 392 candidates are "crorepatis", with the average assets per candidate standing at Rs 5.66 crore. Out of the 57 candidates contesting in the four Lok Sabha seats in the third phase of polling, around 23 per cent are crorepatis with an average asset of Rs 1.84 crore. 

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Out of the 13 crorepati candidates, three are from Trinamool Congress (TMC) and independents whereas the Congress and the All India Secular Front have two each. The BJP, CPI(M) and the Bharathiya Jawan Kisan Party have one crorepati candidate each, news agency PTI reported. 

Pallavi Shrinivas Dempo, Bharatiya Janata Party's (BJP) South Goa candidate is the richest of all the contendors in the third phase of the ongoing Lok Sabha polls 2024. The top three candidates in terms of declared assets possess wealth ranging into hundreds of crores, with the highest declared assets crossing Rs 1,361 crore.

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Dempo has total assets worth more than Rs 1,361 crore, comprising around Rs 1,250 crore in movable assets and roughly Rs 111 crore in immovable assets, according to the recent data by the Association of Democratic Reforms.

In her affidavit, Dempo declared assets worth Rs 255.44 crore and her spouse Shrinivas Dempo declared assets of Rs 998.83 crore. The Dempo couple also has interests in mining, shipbuilding, sports, luxury homes in Dubai and London, luxury cars, jewellery and  other investments. 

Among other rich candidates are Union Minister and Scindia royal family scion Jyotiraditya Scindia from Madhya Pradesh's Guna, Chhatrapati Shivaji Maharaj's descendant and Kolhapur Congress candidate Chhatrapati Shahu Shahaji or Shahu II, and Dr Prabha Mallikarjun from Karnataka's Davanagere. 

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Top 10 richest candidates in Lok Sabha elections phase 3

S. No. Candidate nameStateConstituencyParty NameTotal assets
1Pallavi Shrinivas DempoGoaSouth GoaBJPRs 1,361 crore
2Jyotiraditya ScindiaMadhya PradeshGunaBJPRs 424 crore
3Chhatrapati Shahu ShahajiMaharashtraKolhapurCongressRs 342 crore
4Dr Prabha MallikarjunKarnatakaDavanagereCongressRs 241 crore
5Chhatrapati Udayanraje BhosaleMaharashtraSataraBJPRs 223 crore
6Ranjitsinh NimbalkarMaharashtraMadhaBJPRs 205 crore
7Praveen Singh AronUttar PradeshBareillySPRs 182 crore
8Supriya SuleMaharashtraBaramatiNCP (SP)Rs 166 crore
9Mohammed Badruddin AjmalAssamDhubriAIUDFRs 155 crore
10Poonamben MaadamGujaratJamnagarBJPRs 147 crore

Source: Association of Democratic Reforms (ADR)

Furthermore, the ADR report said that out of 1,352 candidates, 29 per cent or 392 candidates are "crorepatis", with the average assets per candidate standing at Rs 5.66 crore. Out of the 57 candidates contesting in the four Lok Sabha seats in the third phase of polling, around 23 per cent are crorepatis with an average asset of Rs 1.84 crore. 

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Out of the 13 crorepati candidates, three are from Trinamool Congress (TMC) and independents whereas the Congress and the All India Secular Front have two each. The BJP, CPI(M) and the Bharathiya Jawan Kisan Party have one crorepati candidate each, news agency PTI reported. 

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