Tejasvi Surya 30 times wealthier in just 5 years
He's the BJP's candidate for Bengaluru South
His wealth rose from Rs 13.46 lakh in 2019 to Rs 4.10 crore in 2024
Here are the factors that contributed to the significant increase in wealth for Tejasvi Surya, the BJP’s candidate for Bengaluru South, making him 30 times wealthier in just 5 years.
Tejasvi Surya disclosed in his affidavit a remarkable surge in total assets over the past five years, rising from Rs 13.46 lakh in 2019 to Rs 4.10 crore in 2024. He attributes this exponential growth to his strategic investments in the capital market.
Surya explained that his systematic investments in SIPs, mutual funds, and stocks have yielded substantial returns, thanks to the robust performance of the economy. He emphasized the positive impact of the soaring capital markets and the expanding economy, which have led to multiplied returns, benefiting investors across the nation, including himself.
He credited the impressive performance of the stock market and mutual funds to the effective governance and rapid economic growth under Prime Minister Narendra Modi’s leadership.
Surya clarified that his wealth primarily stems from his professional earnings as an advocate in the Karnataka High Court, his salary as an MP, and income from interest and dividends. Notably, he stated that he does not possess physical assets such as cars or houses.
Tejasvi Surya is running as the BJP candidate in the stronghold of Bengaluru South, competing against Sowmya Reddy, the Congress candidate and former Jayanagar MLA, who is also the daughter of the state transport minister, Ramalinga Reddy.
Tejasvi Surya 30 times wealthier in just 5 years
He's the BJP's candidate for Bengaluru South
His wealth rose from Rs 13.46 lakh in 2019 to Rs 4.10 crore in 2024
Here are the factors that contributed to the significant increase in wealth for Tejasvi Surya, the BJP’s candidate for Bengaluru South, making him 30 times wealthier in just 5 years.
Tejasvi Surya disclosed in his affidavit a remarkable surge in total assets over the past five years, rising from Rs 13.46 lakh in 2019 to Rs 4.10 crore in 2024. He attributes this exponential growth to his strategic investments in the capital market.
Surya explained that his systematic investments in SIPs, mutual funds, and stocks have yielded substantial returns, thanks to the robust performance of the economy. He emphasized the positive impact of the soaring capital markets and the expanding economy, which have led to multiplied returns, benefiting investors across the nation, including himself.
He credited the impressive performance of the stock market and mutual funds to the effective governance and rapid economic growth under Prime Minister Narendra Modi’s leadership.
Surya clarified that his wealth primarily stems from his professional earnings as an advocate in the Karnataka High Court, his salary as an MP, and income from interest and dividends. Notably, he stated that he does not possess physical assets such as cars or houses.
Tejasvi Surya is running as the BJP candidate in the stronghold of Bengaluru South, competing against Sowmya Reddy, the Congress candidate and former Jayanagar MLA, who is also the daughter of the state transport minister, Ramalinga Reddy.
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