 "N Chandrababu Naidu richest, Mamata Banerjee poorest among 31 CMs: ADR")
The average assets of India’s 31 chief ministers (CMs) — 28 states and three Union Territories having legislative Assemblies — stood at Rs 52.59 crore, according to an analysis by the Association for Democratic Reforms (ADR).
According to the self-sworn election affidavits of these 31 CMs, the total assets of 31 CMs are Rs 1,630 crore. Two (6 per cent) CMs are billionaires.
Andhra Pradesh CM N Chandrababu Naidu is the richest chief minister in India with assets worth over Rs 931.83 crore, followed by Arunachal Pradesh’s Pema Khandu (Rs 332.56 crore), Siddaramaiah of Karnataka ( Rs 51.93 crore), Nagaland's Neiphiu Rio (Rs 46.95 crore), and Madhya Pradesh’s Mohan Yadav (Rs 42.04 crore).
The top-three wealthiest CMs also have the highest liabilities: Khandu has liabilities worth Rs 180 crore, followed by Siddaramaiah (Rs 23 crore) and Naidu (Rs 10 crore), the ADR analysis found.
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Five CMs with the lowest assets are West Bengal’s Mamata Banerjee, who declared assets worth Rs 15.38 lakh, followed by Jammu & Kashmir’s Omar Abdullah (Rs 55.24 lakh), Kerala CM Pinarayi Vijayan (Rs 1.18 crore), Delhi’s Atishi (Rs 1.41 crore), and Rajasthan’s Bhajan Lal Sharma (Rs 1.46 crore).
3 (10 per cent) CMs’ value of assets were over Rs 50 crore, 9 (29 per cent) have wealth between Rs 11 crore and Rs 50 crore, 17 (55 per cent) have assets between Rs 1 crore to Rs 10 crore, and 2 CMs (6 per cent) have assets worth less than Rs 1 crore. Only 2 of the 31 CMs (West Bengal’s Mamata Banerjee and Delhi CM Atishi) are women.