Rahul Gandhi declares Rs 20 crore in assets, but just Rs 55,000 in cash

Congress leader Rahul Gandhi declared assets worth Rs 20 crore as he filed nomination for the upcoming Lok Sabha election from Kerala's Wayanad.

The Wayanad MP seeks re-election from the seat he won in 2019 with a margin of over 4 lakh votes.

In the affidavit filed with election authorities, Gandhi said he owns movable assets assets worth Rs 9.24 crore. This includes Rs 4.33 crore worth of investments in bonds and shares, Rs 3.81 crore in mutual funds and Rs 15.21 lakh in gold bonds. He also has Rs 26.25 lakh saved in bank deposits and jewellery worth Rs 4.20 lakh. However, the Gandhi scion has only Rs 55,000 in cash, and owns no car or house.

Rahul Gandhi's immoveable assets add up to Rs 11.15 crore, including commercial buildings and land. He co-owns agricultural land in Delhi's Mehrauli with sister Priyanka Gandhi Vadra, which the siblings have inherited. The Wayanad MP has also invested in office space in Gurugram that is currently valued at over Rs 9 crore.

Rahul Gandhi is pitted against Annie Raja from the Left and K Surendran from the BJP. Kerala will vote in the second phase of Lok Sabha elections on April 26.