Anil Lad is officially worth Rs 178 crore and owns a fleet of cars, including a few imported cars. Lad, who recently shifted his loyalty from BJP and joined the Congress, filed his nomination papers from Bellary City constituency on Friday.

Car collection

Cars in his stable include some of the best names in the world like Audi, Volkwagen, Bentley besides several Indian made cars.  Lad and his wife have invested over Rs 6.4 on their cars.

As per the affidavit filed by the mine owner Anil H Lad, his and family income was Rs 177,98,77,391. But he has just Rs 22,669 cash in his name and deposits of Rs 1,84,39,499. His wife has Rs 1,08,668 cash and 2,42,63,344 in deposits. 

He has a penchant for jewellery also as he has over Rs1.15 crore worth ornaments. His wife also owns over 21.69 lakh jewellery.

Lad has housing and commercial complex, a house and apartments. In Bangalore, he has a Rs 45 lakh apartment in Malleswaram, Rs two crore worth house in Delhi and Rs 99.7 lakh house in RMV II stage in Bangalore.

He owns mines in Dharmapura and Yeshwantnagar in Sandur taluk, Chintrapalli in Hagaribommanahalli,
Interestingly, he owes to Rs 35,75,11,885 to Bank of India, Indian Bank, ABN Amro, HDFC and ICICI banks.

Anil Lad , accompanied by thousands of party workers, performed pooja the Durgamma temple before filing his papers.

Then, he proceeded towards the corporation office at 12  noon in a procession and submitted his nomination to the Returning Officer B P Adnoor.

Another mine owner H R Gaviappa, who filed his papers as a Congress nominee from Vijayanagar, also figures among one of the richest candidates in the district with declared assets of Rs 89 crore.

Diamond & silver

He appears to have a liking for diamond jewellery as he has Rs 1.47 crore ornaments made out of 21 carat diamonds. Besides, he has 10.5  kg silver articles worth Rs 10 lakh.

He owes Rs 6.8 lakh crore to State Bank of Hyderabad. Gaviappa’s father, H G Ranganagowda, also has an outstanding loan of Rs 7.26 crore.

Besides immovable property in Hospet and Bellary, he has stake in H R G Oil Industries, Ajay Oil Industries, H R Gaviappa Enterprises and Someshwara Builders Private Company Limited and invested overs Rs 21 crores in them.