Rahul Gandhi’s Assets Surge: Movable Assets Rise by 59%

Rahul Gandhi, UDF candidate in Wayanad, has declared immovable assets worth Rs 11 crore, with a 59% increase in the gross total value of movable assets over the past five years. His movable assets, including bank deposits, shares, mutual funds, PPF, sovereign gold bonds, and jewelry, were valued at Rs 5.8 crore in 2019 and have risen to Rs 9.24 crore as per the latest affidavit submitted to the Election Commission.

Gandhi holds shares worth Rs 4.3 crore in 25 companies and has a net asset value (NAV) of Rs 3.81 crore in seven mutual funds as of March 15, 2024. He also purchased 220 units of sovereign gold bonds in 2020-21, valued at Rs 15.21 lakhs.

The current market value of his immovable assets has increased from Rs 10.08 crore to Rs 11.15 crore between 2019 and 2024. His immovable assets include office spaces in Gurugram, agricultural land jointly owned with his sister Priyanka Gandhi in New Delhi, and a share in a farm house jointly owned by Priyanka Gandhi.

Gandhi’s total income, as shown in Income tax returns, decreased by 21% between 2021-22 and 2022-23. His total liabilities also decreased from Rs 72 lakhs to Rs 49.79 lakhs over the past five years. His sources of income include rental income, MP salary, royalty income, interest from banks, bonds, dividends, and capital gains from mutual funds.