24 August 2025

List of Indian Chief Ministers and Their Wealth

List of Indian Chief Ministers and Their Wealth/Income (2025)

average CM income ₹13.64 lakh/year

Andhra Pradesh: 
N. Chandrababu Naidu (TDP)Wealth: ₹931 crore (richest CM in India, 2024)
Naidu’s wealth is largely attributed to his wife’s 24.37% stake in Heritage Foods, a dairy company he founded in 1992. 
Though he doesn’t hold shares directly, the family’s holdings are counted under his assets
 
Arunachal Pradesh: 
Pema Khandu (BJP)Wealth: ₹332 crore (second richest)

Assam: 
Himanta Biswa Sarma (BJP)Wealth: ₹1 crore (wife’s assets: ₹11 crore)

Bihar: 
Nitish Kumar (JD(U))Wealth: ₹56 lakh

Karnataka: 
Siddaramaiah (Congress)Wealth: ₹51 crore

Kerala: 
Pinarayi Vijayan (CPI(M))Wealth: ₹1.18 crore

West Bengal: 
Mamata Banerjee (TMC)Wealth: 
₹15 lakh (poorest CM)
Banerjee’s affidavit shows ₹69,255 in cash, ₹13.5 lakh in bank balance, and 9 grams of jewelry worth ₹43,837. No land or house in her name


Summary of Wealth and Income

Richest CMs:N. Chandrababu Naidu (Andhra Pradesh): ₹931 crore

Pema Khandu (Arunachal Pradesh): ₹332 crore

Siddaramaiah (Karnataka): ₹51 crore

Poorest CMs:Mamata Banerjee (West Bengal): ₹15 lakh

Omar Abdullah (Jammu & Kashmir): ₹55 lakh

Pinarayi Vijayan (Kerala): ₹1.18 crore

Average Wealth: ₹52.59 crore across 31 CMs; total assets ₹1,630 crore.

Average Income: ₹13.64 lakh/year, 7.3 times the national per capita income (₹1.85 lakh).

Crorepatis: 97% of CMs (29 out of 30 in 2023) are crorepatis (assets > ₹1 crore).

Criminal Cases: 42% of CMs (13 out of 31) have declared criminal cases, with 32% facing serious charges (e.g., bribery, kidnapping).

Salaries: 
CM salaries range from ₹1.25 lakh to ₹4.1 lakh/month, with Telangana (₹4.1 lakh), Delhi (₹3.9 lakh), and Uttar Pradesh (₹3.65 lakh) paying the highest. 
These include allowances (housing, travel, security).

Wealth Disparity: 
The gap between the richest (Naidu, ₹931 crore) and poorest (Banerjee, ₹15 lakh) is ₹930 crore, highlighting stark economic diversity among CMs.

Northeast CMs: 
Five of the top ten richest CMs in 2023 were from northeastern states, with collective assets of ₹178.85 crore.

Verification Concerns: 
ADR notes that affidavit data is sent to the Income Tax Department, but scrutiny is unclear, raising questions about accuracy.

Election Costs: 
Rising campaign expenses favor wealthy candidates, potentially sidelining those with modest means.