Bengaluru,Nov 25: Yusaf Patan known as KGF Babu has been included in Karnataka’s rich politician’s list, as he is contesting from the Bengaluru city constituency for the upcoming MLC elections on December 10th from the Congress party.
According to his declaration, he has assets of over ₹1745 crore. Out of these moveable assets is 97.98 cr, fixed assets of 1,643.59 cr. Cash in Hand of 19.53 lakhs, with the wives dependents, a total of 1745 cr is being declared by him in the DC office for his nomination.
Until now KPCC President DK Shivakumar, Minister MTB Nagaraj we’re on the list of richest Karnataka politicians. And KGF Babu tops the list by entry to politics. KGF Babu has two wives and five children. Ruksana Taj (first wife) has 1.57 lakhs, Shaziya Taranum has 89,000 cash. Daughter has 25,000 cash, son 5,000 cash in hand he has declared.
In a bank account of KGF Babu, he has a 16.87 cr deposit, 16.99 cr and 20,000 rupees deposit in his first and second wife respectively. Daughter 7.38 lakhs, son 11.52 lakhs, and mutual fund shares and other investments of 17.62 crores.
He has investments in five construction companies of 17.61 crores. And has given a few loans of 58.13 crores. He has a Rolls Royce car worth of Rs. 2.01 cr, bought from Actor Amitabh Bacchan. Apart from this, he owns two Toyota Fortuner, and other luxury and premium cars in his collection. Also, nearly Rs. 150 cr of jewellery is owned by wives and children.
He started his carer as a scrap dealer and now is a politician. And he was recently in the news when RTO officers seized his Rolls Royce car bought from Amitab Bachan and had not transferred it into his name.
