14 Richest Politicians in Maharashtra

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Wealth distribution in India has always been a troubling cause for concern. While stories of billionaires in the country holding the equivalent of a large chunk of the state’s total wealth have been common, to say the least, a probe into the wealth of politicians helps cement the notion.
Particularly, in the Maharashtra region, there is a long list of identifiable and influential names that collectively hold wealth that supersedes the state’s budgets.

To provide more contexts to the power, money, and fame that follow Maharashtra politicians, here’s a list of

14 richest politicians in Maharashtra:

  1. Mangal Prabhat Lodha:

Serving as an MLA in the legislative assembly of Maharashtra, Mangal Prabhat Lodha is also a real estate tycoon and one of the richest people residing in Mumbai with a net worth of over $3.7 billion.

  1. Praful Patel:

Hailing from the Bhandara-Gondia constituency of the parliament, the NCP politician’s net worth had increased from 125.4 crores in 2009 to over 220 crores in 2014.

  1. Supriya Sule:

Daughter of Sharad Pawar, Supriya Sule’s wealth has almost doubled since 2009 and has been on the increase ever since. In the last elections, her declared wealth was around Rs.113.8 crore.

  1. Parag Shah:

In the affidavit submitted by Parag Shah to the Election commission, he has declared that he and his family are worth about Rs. 60 crores.

  1. Poonam Mahajan:

Mahajan contested the assembly elections from Ghatkopar West in 2009 and has a declared wealth of about 108 crores.

  1. Vishwajeet Kadam:

Kadam hails from Pune and son of Patangrao Kadam, a senior cabinet minister for the state declared that he was worth around Rs. 87.4 crores.

  1. Arun Bhatia:

Arun Bhatia is a former IAS officer and has declared a net worth of 84 crores in the 2014 elections.

  1. Priya Dutt:

Since her nomination in 2009, Priya Dutt’s wealth has increased from 37 crores to 64 crores in 2014.

  1. Farhan Azmi:

Hailing from the Samajwadi Party Constituency, Farhan Azmi’s declared net worth is equal to 64 crores.

  1. Meera Sanyal:

From the AAP Constituency, Meera Sanyal’s wealth has jumped from 28 crores in 2009 to 51 crore in 2014.

  1. Milind Deora:

Hailing from the Congress Constituency, Milind Deora’s wealth has skyrocketed from just 18 crores in 2009 to 43 crores in 2014.

  1. Ashok Chavan:

A noticeable businessman in the region, Ashok Chavan’s net worth in the 2009 elections was in the neighborhood of 24.61 crores and has more than doubled since.

  1. Sharad Pawar:

While Sharad Pawar declared in 2017 that his net assets were worth $2.6 million (US), he is believed to own much more than that and is considered by some to be the richest politician in India.

  1. Devendra Fadnavis:

An influential figure in the region, Devendra Fadnavis is the 18th Chief Minister of Maharashtra with declared assets of over 2 crores.

For a large part of the region’s history, Maharashtra’s politics have been dominated primarily by the Indian National Congress (INC) party. From its inception in 1960 until 1995, the INC’s noticeable politicians such as Sharad Pawar, Shankarrao Chavan, Yashwantrao Chavan, Vasantrao Naik and Vasantdada Patil have towered overall in not just this state, but also nationally.