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It’s a No-show From the 10 Richest Candidates

The 10 richest candidates in the Lok Sabha elections from Karnataka had a poor outing with only one from the list winning in his respective constituency. Only incumbent Bangalore Rural MP D K Suresh, the sixth richest candidate in the state, tasted success.

Published: 17th May 2014 09:55 AM  |   Last Updated: 17th May 2014 09:55 AM   |  A+A-

BANGALORE: The 10 richest candidates in the Lok Sabha elections from Karnataka had a poor outing with only one from the list winning in his respective constituency. Only incumbent Bangalore Rural MP D K Suresh, the sixth richest candidate in the state, tasted success.

The 10 richest candidates have assets totalling a minimum of `50 crore. The richest in all 543 constituencies in India is Bangalore-based IT bellwether Infosys’ former CEO Nandan Nilekani with declared assets of over `7,700 crore. In one of the most keenly-watched contests in the state, Nilekani, who was pitted against five-time BJP MP Ananth Kumar in Bangalore South, lost by over 2.36 lakh votes.

Another corporate face, former Chief Financial Officer at Infosys V Balakrishnan, who contested on an AAP ticket, lost from Bangalore Central constituency. He is ranked third on the list with close to `190 crore assets.

Voters didn’t favour real estate developer and JD(S) candidate from Bangalore Rural R Prabhakar Reddy who has assets of over `220 crore and liabilities to the tune of `221 crore.

One of the biggest upsets was the defeat of JD(S) leader H D Kumaraswamy from Chikballapur. He has assets worth `149 crore.

Prashant Deshpande, who fell short of the `100 crore mark by only a few lakhs, also lost from Uttara Kannada. S S Mallikarjuna (Congress), with over `64 crore assets, lost from Davangere. Former minister Jeevraj Alva’s wife Nandini Alva JD(S) lost from  Bangalore Central. She is worth over `80 crore.



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