Lok Sabha polls: Who is Pallavi Shrinivas Dempo, Goa BJP leader and richest candidate in Phase 3 with ₹1,361 cr assets?

Of the 1,352 candidates contesting in the third phase of Lok Sabha elections, 392 are Crorepatis, according to an analysis by election watchdog, (ADR). As many as 94 Lok Sabha seats across 12 states and Union Territories will go to the polls in the third phase on May 7.

With a declared wealth of ₹1,361 crore, 's (BJP) South Goa candidate Pallavi Shrinivas Dempo is the richest in the Phase 3 elections. Dempo is followed by Union Minister , who owns ₹424 crore. Scindia is contesting elections from Guna in Madhya Pradesh.

Chhatrapati Shahu Shahaji, the Congress candidate from Maharashtra's Kolhapur, is the third richest candidate in Phase 3 of . Shahaji has declared a wealth of ₹342 crore in his affidavit.

Dempo is the richest candidate to have ever contested any polls in Goa and the wealthiest among those in the fray in the third phase of polling on May 7 across the country.  

Pallavi Dempo, in her 119-page affidavit, has declared assets worth ₹255.44 crore. Her spouse, Shrinivas Dempo, has declared assets of ₹ 998.83 crore. Pallavi Dempo filed her nomination for the South Goa seat on .

Most of the wealth shown in the affidavit is from shareholdings in 81 companies and bonds purchased in some of the top brands and banks. The Dempos have interests in mining, shipbuilding, sports, luxury homes in Dubai and London, luxury cars, jewellery and other investments.

Pallavi Dempo, a member of one of Goa’s prominent business families, is also the BJP’s first-ever woman Lok Sabha candidate in Goa.

Pallavi Dempo, the executive director of Dempo Industries Ltd and trustee of Dempo Charities Trust, also oversees the media and real estate vertical of the group. Her husband, Shrinivas Dempo, is the chairman of Group of Companies. 

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