Satish Jarkiholi's net worth up 250% in last 3 years

Bypolls: Satish Jarkiholi is richest crorepati among candidates

Satish and his family own assets worth Rs 148 crore, which is up from Rs 42 crore

Congress’ Belgaum Lok Sabha bypoll candidate Satish Jarkiholi. Credit: DH Photo

Congress’ Belgaum Lok Sabha bypoll candidate Satish Jarkiholi’s net worth has gone up nearly 250% in the last three years, according to his affidavit filed with the Election Commission.

Satish and his family own assets worth Rs 148 crore, which is up from Rs 42 crore when compared with what he declared during the 2018 Assembly elections. Satish and family have liabilities of Rs 15 crore. 

The Yamkanmaradi legislator owns many agricultural and non-agricultural lands and owns jewellery worth Rs 1.38 crore, according to his affidavit. He has declared agriculture and business as the source of income. 

Satish will be up against Mangal Suresh Angadi of the BJP. She is the wife of former union minister Suresh Angadi who died in September last. 

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According to her affidavit, Mangal’s net worth is Rs 14.77 crore whereas Suresh is worth Rs 15.94 crore. Her husband’s assets and liabilities are under the process of being transferred, the affidavit stated. They have liabilities worth Rs 7.55 crore.

The total assets of the Suresh Angadi Education Foundation, Shri Vijayalakshmi Real Estates Pvt Ltd and Angadi Sugars and Power Ltd where Mangal is involved stands at Rs 106 crore. However, these institutions have loans worth Rs 91 crore.

She owns 30 vehicles, including commercial vehicles, worth Rs 64 lakh and 1,600 gm of jewellery also priced at Rs 64 lakh. 

BJP’s Maski bypoll candidate Pratapgouda Patil, a disqualified MLA, also saw his net worth go up from Rs 4.92 crore in 2018 to Rs 5.92 crore now. His liabilities have dropped from Rs 46 lakh to Rs 33 lakh. 

His opponent Basanagouda Turvihal, who was the BJP’s 2018 defeated candidate now with the Congress, saw his net worth go down to Rs 1.92 crore from Rs 2.12 crore, making him the poorest of the lot. 

Congress’ Basavakalyan candidate Mallamma, the wife of late MLA B Narayan Rao, is worth Rs 7.02 crore. Her opponent, BJP’s Sharanu Salagar, who holds an M.Ed degree, has two criminal cases pending against him, which includes charges of assault. His net worth is Rs 5.3 crore with liabilities of Rs 65 lakh, according to his affidavit.

The lone JD(S) candidate in the bypolls, Syed Yasrab Ali Quadri from Basavakalyan has a net worth of Rs 2.37 crore. 

47 candidates file papers

A total of 47 candidates have filed their nomination papers for the April 17 bypolls, including five women. The Belgaum Lok Sabha seat has received the highest nominations at 23, followed by Basavakalyan (14) and Maski (10). The nominations will be scrutinized on Wednesday and April 3 is the last day for candidates to withdraw from the fray.

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