Despite the fact that India is not perceived as a wealthy country, there is no shortage of ‘Crorepati’ leaders in the country’s political leadership ranks. Politicians are worth millions and billions of dollars in terms of their net worth and revenues.
Also true is the reality that the majority of powerful figures in Indian politics have other businesses from which they derive significant income. They may not have a red carpet to walk on or a personal stylist to help them choose the best outfits for them, but their bank account information is sure to wow the working class in the United Kingdom.
Here is a list of the top ten wealthiest politicians in India, for whom money isn’t a major concern:
Mahendra Prasad (Net Worth: Rs 13,300 Crores) Member of Rajya Sabha
Mahendra Prasad is a pharmaceutical tycoon from Bihar who first entered Parliament in 1980 as a member of the Lok Sabha representing the Jehanabad constituency, which was at the time the epicentre of a bloody battle between members of the upper castes and Naxalites. He is currently a member of the Rajya Sabha. Since 1985, he has served as a member of the Rajya Sabha of the Indian Parliament. Mr. Prasad is the founder of Aristo Pharmaceuticals, an Indian generics manufacturer.
Jyotiraditya Scindia (Net Worth: Rs 3,790 Crores) Member of the Lok Sabha
Scindia served as Union Minister of State for Commerce and Industry in the UPA-II government from 2009 to 2012, and as Union Minister of State (Independent Charge) for Power from 2012 to 2014. He was previously the Union Minister of State (Independent Charge) for Power in the UPA-II government from 2009 to 2012.
Mr Scindia was elected as a Rajya Sabha Member of Parliament for the BJP from Madhya Pradesh on June 19, 2020.
Alla Ayodhya Rami Reddy (Net Worth: Rs 2,577 Crores) Member of Rajya Sabha:
Ayodhya Rami Reddy, an industrialist, is the third-richest member of the Rajya Sabha in the country. Mr. Reddy, the founder of the Ramky Group of Companies, was elected to the Rajya Sabha in 2020 on the platform of the YSR Congress Party, representing the Narasaraopet Constituency in Tamil Nadu.
Jaya Bachchan (Net Worth: 1,001 crores) Member of Rajya Sabha:
In addition to her memorable performances in blockbuster films such as Uphaar, Kora Kagaz, Zanjeer, Abhimaan, Chupke Chupke, Sholay and Kabhi Khushi Kabhie Gham, the four-time Rajya Sabha Member of Parliament from the Samajwadi Party is also known for her memorable performances in television series such as Kabhi Khushi Kabhie Gham and Kal Ho Naa Ho. Her net worth is a whopping Rs 1001 crore, which is enormous.
Abhishek Singhvi (Net Worth: Rs 860 Crores) Member of Rajya Sabha
Abhishek Singhvi, a member of the Indian National Congress, is one of the country’s wealthiest lawmakers, with assets worth approximately 860 crores in Indian rupees, according to Forbes magazine. Singhvi, the INC’s national spokesperson, is a current Member of the Parliament of India representing the seat of West Bengal. He is also a member of the Rajya Sabha, the Indian Parliament’s upper house, and a member of the Indian National Congress.
Jayadev Galla (Net Worth: Rs 683 crore) Member of Lok Sabha:
During his political career and as an industrialist, Galla Jayadev amassed assets of Rs 683 crores, which he claimed as his own. Mr. Jayadev served as a member of the 16th and 17th Lok Sabhas, representing the Guntur constituency, on the Telugu Desam Party’s Parliamentary Party Leadership. The Amara Raja Group is also headed by Amara Raja as its managing director.
Nakul Nath (Net Worth: Rs 660 Crores) Member of the Lok Sabha:
Nakul Nath is the sole member of the Congress who has withstood the Modi tsunami that has swept across the state. The BJP won 28 out of the state’s 29 parliamentary seats, while the Congress received only one seat in the legislature. He is the son of Kamal Nath, the former chief minister of Madhya Pradesh.
YS Jagan Mohan Reddy (Net Worth: Rs 510 crores) Chief Minister of Andhra Pradesh:
Jagamohan Reddy, the son of former Chief Minister of Andhra Pradesh, Y. S. Rajasekhara Reddy, began his political career in 2004 from Kadapa district, where he was born. Jagan Mohan Reddy is also known as Jagan. His net worth is estimated to be at Rs. 510 crores.
T Subbarami Reddy (Net Worth: ₹422 Crores) Member of Rajya Sabha:
Member of the Indian National Congress, Reddy served in the Lok Sabha twice and in the Rajya Sabha once. He is currently serving as a member of the Indian National Congress. As the Chairman of Gayatri Group of Industries, Reddy has a net worth of Rs 422 crores, in addition to serving as an Assistant Minister in the Ministry of Mines between 2006 and 2008.
Rajkumar Dhoot (Net Worth: Rs 280 crores) Member of Rajya Sabha:
The Shiv Sena member is also the Promoter and Co-Owner of the diversified Videocon Group of Companies. He is a three-time Rajya Sabha member and the Immediate Past-President of the Apex Indian Chamber of Commerce and Industry, ASSOCHAM (The Associated Chambers of Commerce and Industry of India).