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.