Recap 2024: Richest Chief Minister of India in the Year 2024

In 2024, the financial declarations of India’s chief ministers highlighted significant differences in their wealth. While some leaders reported substantial assets, others revealed modest financial standings. This overview sheds light on the economic diversity among the nation’s top political figures, offering insights into their declared net worths and financial backgrounds.

Richest CM of India in the Year 2024

The wealth of chief ministers (CMs) in India often reflects their backgrounds and financial declarations. In 2024, Andhra Pradesh’s Chief Minister Chandrababu Naidu topped the list of the wealthiest CMs, while West Bengal’s Mamata Banerjee was among the least wealthy. Below is the list of richest and poorest chief ministers of India in 2024 based on a report by the Association for Democratic Reforms (ADR).

Richest Chief Ministers of India

• Chandrababu Naidu: Chandrababu Naidu, the chief of the Telugu Desam Party (TDP) and Chief Minister of Andhra Pradesh, leads the list with a declared net worth of Rs.931 crore.
• Pema Khandu: Pema Khandu, the chief minister of Arunachal Pradesh, follows with a declared net worth of Rs.332 crore.
• Siddharamaiah: Karnataka’s chief minister Siddharamaiah holds the third spot with a declared wealth of Rs.51 crore.

Chief Ministers with Least Wealth in 2024

• Mamta Banerjee: West Bengal’s chief minister has declared assets worth Rs.15 lakh, making her the chief minister with the least wealth.
• Omar Abdullah: The former chief minister of Jammu and Kashmir, Omar Abdullah, has declared assets worth Rs.55 lakh.
• Pinarayi Vijayan: Kerala’s chief minister Pinarayi Vijayan has a declared net worth of Rs.1 crore.

Wealth Gap Between Richest and Poorest Chief Minister

The gap between the richest chief minister, Chandrababu Naidu and the poorest chief minister, Mamta Banerjee is a staggering Rs.930 crore.

Average Wealth of Chief Ministers

 According to the ADR report:

• Total wealth of all 31 Chief Ministers: Rs.1,630 crore
• Average wealth per Chief Minister: Rs.52.59 crore
• Average annual income of a chief minister: Rs.13,64,310