Shivamogga Lok Sabha member B.Y. Raghavendra owns assets and valuables worth over ₹55.85 crore, according to the affidavit he submitted along with the nomination papers.
The value of his assets has come down by ₹3 crore, compared to his affidavit on assets and liabilities filed during the previous elections held in 2019. The previous affidavit showed that he possessed assets worth ₹58.85 crore. However, the value of assets owned by his wife Tejaswini R has gone up by nearly ₹9 crore. As per the previous affidavit, she owned properties worth over ₹8.49 crore. The latest affidavit shows that she has assets worth over ₹17.86 crore.