Richest MLAs In India: This BJP member is the richest MLA, with a whopping net worth of Rs 3400 crore. Let’s look at the list of the top 10 richest MLAs to strengthen political transparency and economic equality in India's politics.
List Of Wealthiest MLAs In India: In the dynamics of Indian politics, the wealth of ministers has continuously stirred conversation across the nation. The source of income of these ministers ranges from massive generational wealth to other successful ventures, like dairy farming, textile businesses or others. Therefore, take a look at the list of the richest and poorest Indian Members of the Legislative Assembly (MLAs), according to the Association of Democratic Reforms report based on the affidavits submitted by MLAs before the elections. In the report, 4,092 MLAs from 28 states and three union territories were included, creating a complete list of the MLAs' wealth.
Top 10 Richest MLAs In India:
Here is the list of the top 10 richest MLAs in India as per the ADR report:
| Rank | MLA Name | Party | State | Declared Assets (in Rs crore) |
|---|---|---|---|---|
| 1 | Parag Shah | BJP | Maharashtra | 3,383 |
| 2 | D.K. Shivakumar | INC | Karnataka | 1,413 |
| 3 | K.H. Puttaswamy Gowda | Independent | Karnataka | 1,267 |
| 4 | Priya Krishna | INC | Karnataka | 1,156 |
| 5 | N. Chandrababu Naidu | TDP | Andhra Pradesh | 931 |
| 6 | Ponguru Narayana | TDP | Andhra Pradesh | 824 |
| 7 | Y.S. Jagan Mohan Reddy | YSRCP | Andhra Pradesh | 757 |
| 8 | V. Prashanthi Reddy | TDP | Andhra Pradesh | 716 |
| 9 | Jayantibhai Somabhai Patel | BJP | Gujarat | 661 |
| 10 | Suresha B.S. | INC | Karnataka | 648 |
Who Is The Richest MLA In India?
Parag Shah is the wealthiest MLA in India of the Bharatiya Janata Party (BJP). He is a member of the Maharashtra Assembly from Ghatkopar East. His total assets are valued at about Rs 3,400 crore. Shah's net worth is a firm reminder of the high financial inequalities among Indian legislators.
Who Is The Poorest MLA In India?
Nirmal Kumar Dhara from the BJP is the poorest MLA in India, with total assets of only Rs 1,700. In the wealth spectrum, the net worth of MLA from Indus, West Bengal, highlights the economic gap in the political landscape.
Which State Has The Richest MLAs?
As per the ADR report, the South Indian States of Karnataka and Andhra Pradesh are the hotspots for rich MLAs. Karnataka tops the list with 31 MLAs with assets worth more than Rs 14,179 crore, followed by Maharashtra, which has almost 286 MLAs and owns impressive assets of Rs 12,424 crore. Andhra Pradesh is third on the list, which has almost 27 wealthiest MLAs and a total net worth of Rs 14,179 crore.
Which Party Consists Of The Richest MLAs?
BJP possess the maximum no. of total assets of its 1,653 MLAs at an average asset of Rs 15.89 crore per MLA. On the other hand, the Indian National Congress (INC) has a total of 646 members and possesses an average of Rs 26.86 crore per MLA.