Top 10 Richest Politicians In India In 2023 - 2024

The financial standing of politicians frequently sparks interest and conversation in the fast-paced realm of Indian politics. Today, we examine the richest ten politicians in India as we go deeper into the world of power and money. Our goal is to give you a comprehensive summary of their wealth as well as the reliable sources we used to gather this data.

1. Alla Ayodhya Rami Reddy

India's Alla Ayodhya Rami Reddy is an industrialist and politician. As a member of the YSR Congress Party, he was chosen to represent Andhra Pradesh in the 2020 Rajya Sabha elections, which were held for the upper house of the Indian Parliament. He founded the Ramky Group of Companies as well. His estimated net worth as of 2021 was ₹2,577 crores, or roughly $350 million, which put him at the top of the list of India's wealthiest politicians. The main source of Alla Ayodhya Rami Reddy's wealth was his business endeavors. In addition to founding the Ramky Group of Companies, he has led seven distinct businesses.

2. Shazia Tarannum

In the Karnataka assembly elections of 2023, Shazia Tarannum stood as an independent from the Bengaluru Central Chikpet constituency. The millionaire husband of the woman, Yusuf Sharif, popularly referred to as KGF Babu or Scrap Babu, previously reported assets valued at Rs 1,743 crore while running as an independent in council elections. Shazia Tarannum nominated herself, her husband, and their daughter. With total assets worth more than Rs 1,674 crore, she is regarded as one of the wealthiest contenders in the Karnataka Elections 2023 and the only female politician on the list of India's wealthiest politicians. Politics in Karnataka are debating this.

3. M. T. B. Nagaraj

Since 2020, M. T. B. Nagaraj has served as a representative of the Bharatiya Janata Party (BJP) in the Karnataka Legislative Council. As of August 2021, he is the Minister of Small Scale Industries and Municipal Administration for the state of Karnataka. His wife looks after their home, while he works as a farmer and businessman in addition to his political career. In the Karnataka Assembly Election, M. T. B. Nagaraj is the second wealthiest contender, according to his recently filed affidavit from May 2023. His assets are valued at ₹1609 crore in total. His immovable assets, which include buildings, land, and properties, are assessed to be worth ₹1073 crore, while his movable assets, which include cash, investments, and automobiles, are evaluated at ₹536 crore. 

4. D.K. Shivakumar

D.K. Shivakumar is a politician from Karnataka who has been elected as an MLA seven times since 1989. He is the Karnataka Pradesh Congress Committee's (KPCC) president at the moment. He served as H. D. Kumaraswamy's state minister of irrigation. Shivakumar, a powerful member of the Karnataka Congress party, is well-known for his dynamism. He has managed portfolios related to energy, housing, urban development, etc. His affidavit for the Karnataka 2023 Elections states that the combined worth of his and his family's assets is ₹1414 crores, placing him among India's wealthiest politicians.

5. Priya Krishna

Karnataka-born politician Priya Krishna is a part of the Indian National Congress. At the age of 25, he was chosen to represent Govindraj Nagar in Bangalore as a member of the Legislative Assembly, making him the youngest member. During the 2018 Karnataka Assembly Elections, Priya Krishna attracted notice as one of the wealthiest candidates. His net worth was estimated to be more than ₹1,020 crore. His assets have increased by ₹109.55 crore in the last five years. But he also disclosed the most amount of liabilities of any candidate—₹802.74 crore.

6. Jaya Bachchan

Jaya Bachchan is an Indian politician and actress. Since 2004, she has represented the Samajwadi Party as a member of parliament in the Rajya Sabha for four terms. She was chosen in 2004 for the first time, and then again in 2006, 2012, and 2018. Mainly recognized for her roles in Hindi and Bengali films, Bachchan is credited with promoting a genuine acting approach in both mainstream and "middle-of-the-road" motion pictures. In 1992, she received the Padma Shri honor in addition to nine Filmfare Awards. Her total wealth is Rs 1001 crores to date.

7. Konda Vishweshwar Reddy

Konda Vishweshwar Reddy is a prosperous businessman, politician, and engineer from India. He was a member of the Telangana Rashtra Samithi party and represented Chevella, Telangana, as a member of Parliament in the 16th Lok Sabha. Interestingly, the Ranga Reddy district got its name since he is the grandson of K. V. Ranga Reddy. Konda Vishweshwar Reddy is one of the wealthiest politicians in India and the richest politician in Telangana, according to his election affidavit. In 2014, he declared having assets of 528 crore; by 2019, those holdings had increased to 895 crore. Additionally, he is wed to Sangita Reddy, who is the daughter of Prathap C. Reddy, the founder of Apollo Hospitals.

8. Jayadev Galla

Jayadev Galla is an Indian industrialist, politician, businessman, and entrepreneur. In addition to being the leader of the TDP Parliamentary Party, he holds the position of managing director of the Amara Raja Group. Jayadev Galla's estimated net worth as of 2018 is Rs. 683 crore INR. Jayadev Galla is regarded as one of India's wealthiest politicians. He reported assets totaling ₹683 crore (US$86 million) in the 2014 general elections. He is the grandson of Andhra Pradesh's previous chief minister, Tanguturi Prakasam Pantulu.

9. Nakul Kamal Nath

In the Lok Sabha, the lower house of the Indian parliament, Nakul Kamal Nath, a politician and businessman from India, represents the Chhindwara seat in Madhya Pradesh. As a candidate for the Indian National Congress party, he was chosen in the general election of 2019.

Kamal Nath, a well-known Congressman, and former Madhya Pradesh chief minister is the father of Nakul Kamal Nath. His net worth is estimated by several sites, including eCyberPlanet, Wikipedia, All Famous Birthday, India Today, and Business Standard. This amounts to around Rs. 660 crore INR, or $88 million US dollars.

10. Abhishek Manu Singhvi

Indian politician and attorney Abhishek Manu Singhvi is connected to the Indian National Congress (INC). Presently, he represents West Bengal as a Member of Parliament in the Rajya Sabha. Singhvi is well-known for his political work, but he is also a senior attorney at the Supreme Court of India and a spokesperson for the INC. Laxmi Mall Singhvi, the father of Abhishek Manu Singhvi, was a renowned expert on Jain history and culture and was born into a Marwari household. In addition to serving as India's former High Commissioner to the United Kingdom, he enjoyed a prosperous legal career. From 1998 until 2004, Laxmi Mall Singhvi was elected to the Rajya Sabha. The mother of Abhishek is Kamla Singhvi.