
The latest report by Association for Democratic Reforms has again brought to the fore a stark financial divide among Chief Ministers of India. From asset holders of hundreds of crores to those with relatively minimal assets, the findings paint the picture of leaders' wealth.
Richest CM: Chandrababu Naidu
- Assets: Andhra Pradesh Chief Minister Chandrababu Naidu can be considered the richest CM in India with his family assets reaching ₹931 crores.
- Naidu personally declared assets worth ₹36 crores in his name.
- Her wife Bhuvaneshwari holds ₹895 crores. She also holds a share in Heritage Foods.
- Liabilities: The Naidu family also has debts of ₹10 crores.
Poorest CM: Mamata Banerjee
- West Bengal Chief Minister Mamata Banerjee sits at the other extreme with total declared assets of a meager ₹15 lakh.
- She is the poorest of all Chief Ministers reported in the ADR.
Some Key Takeaways from ADR Report
- Average Asset: The average asset size of Chief Ministers of the states and union territories works out to ₹52.59 crore.
- Annual Income: Chief Ministers earn an average annual income of ₹13,64,310.
- Combined Wealth: The declared asset of 31 Chief Ministers stands at ₹1,630 crore.
Other Rich Chief Ministers
- Pema Khandu (Arunachal Pradesh)
- Second richest CM in India with assets of ₹332 crores.
- Highest debt-bearing Chief Minister in the list; ₹180 crores worth of debt.
- Siddaramaiah (Karnataka)
- Third-richest CM with an asset value of ₹51 crores.
- Debt of ₹23 crores.
- Omar Abdullah (Jammu and Kashmir)
- The lowest asset holder among the 31 Chief Ministers is with ₹55 lakh.
- Pinarayi Vijayan (Kerala)
- Third from the bottom, declaring assets worth ₹1.18 crore.