Explore DK Shivakumar’s assets, including properties, gold, watch collection, and more, in detail here.
DK Shivakumar, President of Karnataka Pradesh Congress Committee (KPCC), filed his nomination on Monday for the Kanakpura constituency ahead of the state assembly elections on May 10 and vote-counting on May 13.
The Congress leader, DK Shivakumar, has fully disclosed his net worth, estimated to be around Rs 1,400 crore, including his and his wife’s movable and immovable assets, valued at Rs 1,214 crore and Rs 153.3 crore, respectively. The family’s property is valued at Rs 61 crore.
Shivakumar disclosed that he has a total debt of Rs 226 crore. He explained that his family earns through farming, rental income, and stocks in various businesses. Details of his assets, such as gold, watch collection, properties, and more, are provided below.
DK Shivakumar’s net worth is approximately Rs 1,214 crore, including his assets worth Rs 244.93 crore. His wife owns properties worth Rs 133 crore, while his son, Aakash, owns assets worth Rs 12.99 crore. The family’s combined wealth is estimated to be Rs 1,414 crore, with Aakash disclosing assets worth Rs 66 crore.
Along with immovable assets, DK Shivakumar also possesses movable property worth Rs 970 crore, with his wife and son owning Rs 113.38 crore and Rs 54.33 crore respectively. The Congress candidate for Kanakpura also revealed loans of Rs 226 crore in his name and Rs 34 crore in his wife’s name.
Luxury Watch Collection
Furthermore, the leader revealed the worth of his Hublot and Rolex watches, which are valued at Rs. 23 lacks and Rs. 9 lacks, respectively.
DK Shivakumar Gold and Other Priced Possessions
DK Shivakumar’s possessions include 2.184 kg of gold, 12.6 kg of silver, 1.066 kg of gold jewelry, 324 gm of diamond, 24 gm of rubies, 195 gm of diamond, and 87 gm of ruby. He also revealed that his wife owns 2,600 kg of gold and 20 kg of silver.
The family’s possession includes 10kg of silver and 1kg of gold, while his daughter and son own 1kg and 675g of gold, respectively. In addition, the family has 10kg of unshared gold and 1kg of unshared silver.
DK Shivakumar Salary
DK Shivakumar declared his annual income as Rs. 14.24 crore, and his wife’s as Rs. 1.9 crore. However, the Karnataka High Court postponed a ruling on his petition regarding a disproportionate assets case on Monday.
In 2020, an FIR was lodged against the politician, claiming that his assets and possessions had increased substantially between 2013 and 2018. The complaint was filed on October 3.