India may not be mentioned as a wealthy country, but there is no shortage of rich politicians in the country. The most influential figures in Indian politics indeed have other businesses to earn a good living. Many politicians in India are known for their lavish lifestyle and have a good bank balance for living a luxury life. Here’s a list of the top ten wealthiest politicians in India who live luxurious life.
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1. Savitri Jindal
Savitri Jindal, the widow of founder Om Prakash Jindal, chairs the Jindal Group, holding steel, power, cement, and infrastructure. With a net worth of $5.6 billion (approx. Rs. 41,000 crores; as of 2019), she is considered the richest woman in India. She has more than Rs. 7 crores as bank deposits. She has invested more than Rs. 37 crores in bonds, debentures, mutual funds, and shares in various companies. She owns jewelley of Gold, Diamond, Panna, Ruby, Kundan, and other precious stones worth more than Rs. 10 crores. She owns agricultural land worth more than Rs. 2 crores in Vasind, Mumbai. She owns a commercial building in Hisar, Haryana that has a value of approximately Rs. 2 crores. She owns a residential property in Hisar, Haryana that values more than Rs. 53 crore.
Jindal House in Hisar, Haryana
2. Alla Ayodhya Rami Reddy
Alla Ayodhya Rami Reddy is a member of the YSR Congress Party, who was elected to the Rajya Sabha from Andhra Pradesh in 2020. He is the founder of Ramky Group of Companies. With a net worth of Rs. 2577 crores, he became the second richest member of the Rajya Sabha in 2020. He owns agricultural lands in Guntur and Prakasam districts in Andhra Pradesh worth more than Rs. 55 lakh. He owns a residential property in Hyderabad worth more than Rs. 17 crores.
3. Jaya Bachchan
Jaya Bachchan, a Bollywood actress-turned-politician, is an active member of the Rajya Sabha. She is a member of the Samajwadi Party. She has been a Member of Parliament, backed by the Samajwadi Party, since 2004. She is well known for her roles in hit films such as Kal Ho Naa Ho, Chupke Chupke, Kora Kagaz, Uphaar, Abhimaan, Sholay, and Kabhi Khushi Kabhie Gham. As of 2019, her net worth stands at more than Rs. 1000 crore. She has bank accounts in Delhi, Mumbai, and Dubai in which she has more than Rs. 6.20 crore deposits. She has also invested more than 4.30 crores in bonds, debentures, and shares in various companies. She owns a Toyota Qualis worth Rs. 8.85 lakh. She has silver and gold jewellery worth more than Rs. 26 crores. She has a 5-acre agricultural land worth Rs. 3.50 crores in Bhopal, Madhya Pradesh. She has a 1.2-hectare agricultural land worth Rs. 2.25 crores in Kakori, Lucknow. She owns 450-square feet of non-agricultural land worth more than Rs. 6 crores in Noida, Uttar Pradesh. She has a residential flat worth more than Rs. 55 lakh in Bhopal, Madhya Pradesh. Ms. Bachchan owns two residential properties in Juhu, Mumbai, and their collective worth is more than Rs. 105 crores.
4. Galla Jayadev
Galla Jayadev is an Indian politician and industrialist from Andhra Pradesh. He is the managing director of the Amara Raja group in India, the company that makes Amaron batteries. A Telugu Desam Party (TDP) lawmaker in Andhra Pradesh, Galla Jayadev, won his debut polls in 2014 when he was elected to the Lok Sabha from Guntur. In 2019, he was again elected to the Lok Sabha. With a net worth of Rs. 680 crores, Jayadev is considered one of the richest politicians in India. He has more than Rs. 15 crores as deposits in banks and other financial institutions. He has invested more than Rs. 73 crores in bonds, debentures, and shares in various companies. He owns agricultural lands in Andhra Pradesh worth more than Rs. 160 crores. He owns non-agricultural land worth more than Rs. 13 crores in Andhra Pradesh. He owns a commercial building in Chennai worth more than Rs. 6 crores. He also owns a commercial building in Ranga Reddy, Telangana worth more than Rs. 61 crores. He owns residential properties in Tirupati, Chennai, Chitoor, Hyderabad, Guntur, and New Delhi worth more than Rs. 39 crores.
5. Nakul Nath
Nakul Nath is an Indian politician who is the son of Kamal Nath, former Chief Minister of Madhya Pradesh. In the 2019 Indian general election, Nakul was elected to the Lok Sabha from Chhindwara, Madhya Pradesh on a ticket of the Indian National Congress. With a net worth of Rs. 660 crore, Nakul was declared the richest MP in the 17th Lok Sabha. The value of his movable assets is worth over Rs. 615.93 crore, while the value of his immovable assets is over Rs 41.77 crore (as of 2019). He owns 896.669 grams of gold bars, 7.630 kg silver, 147.58-carat diamonds, and stone jewellery worth over Rs 78.45 lakh
6. Abhishek Singhvi
Abhishek Singhvi is a well-known politician and a lawyer from India. He is a senior advocate in the Supreme Court of India. He is a senior member of the Indian National Congress. He was elected to the Rajya Sabha in 2018 from West Bengal. With a net worth of Rs. 649 crores (as of 2017), he is among the richest politicians in India. He has more than Rs. 2.32 crores as deposits in banks and other financial institutions. He has invested more than Rs. 377 crores in bonds, debentures, mutual funds, and shares in various companies. Mr. Singhavi owns many high-end cars including Audi A8, Range Rover, and Toyota Fortuner. He owns gold and silver ornaments worth more than Rs. 64 lakh. He owns agricultural land in Alibaug, Mumbai worth more than Rs. 4 crores. He owns residential properties in New Delhi and London worth more than Rs. 38 crores.
7. Jyotiraditya Scindia
Jyotiraditya Scindia is one of the prominent politicians from Madhya Pradesh. His grandfather, Jivajirao Scindia, was the last ruler of the princely state of Gwalior during the British Raj in India. After remaining a member of the Indian National Congress for a long time, he joined the Bharatiya Janata Party on 11 March 2020. With a net worth of more than Rs. 380 crores, Mr. Scindia is considered one of the wealthiest politicians in India. He has bank accounts in Delhi, Mumbai, and Gwalior in which he has more than Rs. 295 crores deposits. He inherits a 1960 model BMW car. Mr. Scindia owns two residential properties in Mumbai, and these properties have a collective worth of more than Rs. 30 crores.
8. Y. S. Jagan Mohan Reddy
Y. S. Jagan is the founder and president of YSR Congress Party (YSRCP) who became the 17th Chief Minister of Andhra Pradesh in May 2019. With an asset worth Rs. 375 crores (as of March 2019), Mr. Reddy is counted among the richest politicians in India. As per the affidavit that he filed in March 2019, the sources of his income were a salary as MLA, a pension from his term as MP, rental income, bank interests, and agriculture. He has approximately Rs. 1.5 crores as deposits in banks and other financial institutions. He has invested more than Rs. 315 crores in bonds, debentures, and shares in various companies. He has agricultural land in YSR district, Andhra Pradesh worth more than Rs. 42 lakh. He owns non-agricultural lands in YSR district, Andhra Pradesh worth more than Rs. 7 crores. He owns a commercial building in Hyderabad worth more than Rs. 14 crores. He owns a residential property in Hyderabad worth more than Rs. crores. He owns another residential property in YSR district, Andhra Pradesh worth more than Rs. 8 crores.
9. Anand Singh
Anand Singh is a member of the Bharatiya Janata Party, who represents the Vijayanagara constituency in Karnataka. With a net worth of Rs. 59 crores (as of 2019), he is among the richest politicians in India. As per the affidavit that he filed in 2019, the total value of his movable assets was Rs. 55.33 crores, while the total value of his immovable assets was Rs. 9.04 crore.
10. Rajkumar Dhoot
Rajkumar Dhoot is a well-known Indian businessman and politician from Maharashtra. He is the Promoter & Co-Owner of the diversified Videocon Group of Companies. With a net worth of more than Rs. 19 crores (as of 2014), he is considered one of the wealthiest politicians in India. He has more than Rs. 12 lakhs as deposits in banks and other financial institutions. He has invested more than Rs. 6 crores in bonds, debentures, and shares in various companies. He owns diamond and gold ornaments worth more than Rs. 17 lakhs. He has agricultural lands in Raipur, Chhattisgarh worth more than Rs. 7 lakh. He owns non-agricultural land worth more than Rs. 25 lakh in Ahmednagar, Maharashtra. He owns residential properties in Ahmednagar and Aurangabad in Maharashtra worth more than Rs. 1.31 crores.