Andhra Pradesh’s Chandrababu Naidu is richest CM, Bengal’s Mamata Banerjee poorest: Report
Arunachal Pradesh’s Pema Khandu is the second-richest chief minister, while Karnataka’s Siddaramaiah holds the third spot.
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Andhra Pradesh Chief Minister N Chandrababu Naidu is India’s richest chief minister with assets worth more than Rs 931 crore, non-governmental organisation Association for Democratic Reforms said in a report released on Monday.
In contrast, West Bengal Chief Minister Mamata Banerjee declared the lowest assets at over Rs 15 lakh, it added.
The report, which analysed the affidavits of the chief ministers from 28 states and three Union territories, said that the average assets declared by them were Rs 52.59 crore.
In its report, the Association for Democratic Reforms said that the total assets of these 31 chief ministers amounted to Rs 1,630 crore. Two of the chief ministers are billionaires, according to the analysis.
The average self-income generated by a chief minister was Rs 13,64,310, the report said, adding that this was 7.3 times more than the country’s average per capita income at approximately Rs 1,85,854 for the financial year 2023-2024.
While Naidu was the richest chief minister, Arunachal Pradesh’s Pema Khandu came second with assets worth more than Rs 332 crore. Karnataka Chief Minister Siddaramaiah was third on the list after declaring assets worth over Rs 51 crore.
On the other hand, Jammu and Kashmir Chief Minister Omar Abdullah ranked after Banerjee to hold the least assets at Rs 55 lakh....