Home News National Who is Karnataka minister N Nagaraju, studied only till class 9 but has assets worth 1600 crores

Who is Karnataka minister N Nagaraju, studied only till class 9 but has assets worth 1600 crores

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Who is Karnataka minister N Nagaraju, studied only till class 9 but has assets worth 1600 crores

N Nagaraju Assets: The nomination process is going on in the state of Karnataka regarding the assembly elections, the last date of which is 20 April. In the same sequence, Karnataka minister N Nagaraju (MTB) has also filed his nomination, in which he has declared assets worth Rs 1,609 crore. Nagaraju is considered one of the richest politicians in the country. 72-year-old Nagaraju has studied only till class 9th. Voting for the Karnataka Assembly elections is to be held on May 10 and the results are to come on May 13.

Nagaraju is the BJP candidate
On Monday (April 17), Nagaraju filed his papers as the ruling BJP’s candidate from the Hoskote assembly constituency on the outskirts of Bengaluru. In the election affidavit, Nagaraju has mentioned his profession as a farmer and businessman. His wife’s name is M Shanthakumari, who is a housewife. Nagaraju has movable assets worth Rs 536 crore and immovable assets worth Rs 1,073 crore. In the affidavit filed with the nomination on Monday, Nagaraju has declared a liability of Rs 98.36 crore. Nagaraju has declared his source of income as agriculture, household property and business.

Presently MLC Nagaraju
Presently N Nagaraju is MLC and his age is 72 years. Nagaraju had declared assets worth about Rs 1,220 crore along with his wife M Shanthakumari while contesting the Legislative Council elections in June 2020. Nagaraju had won the Hoskote assembly seat in the 2018 assembly elections on a Congress ticket. But later he left the ‘hand’ of the Congress. Nagaraju was among the 17 MLAs whose resignation led to the fall of the Congress-JDS coalition government in 2019. In the subsequent by-election, he was defeated by independent candidate Sharath Bachegowda from Hoskote, after which Sharath joined the Congress. At the same time, both are again face to face in the assembly elections.

nagaraju net worth
The cash assets of N Nagaraju are Rs 64,89, 302. His wife M Shanthakumari has assets of Rs 34,29,445 in cash. Nagaraju has a deposit of Rs 20,12,31,011 in his bank, which is his savings account. Nagaraju’s Fixed Deposit is Rs 33,08,01,765. M Shantakumari has a deposit of Rs 6,16,47,987 in the bank, which is her savings account. Shantakumari’s Fixed Deposit is Rs.1,99,5000.

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