With speculation rising over Devendra Fadnavis becoming the next Chief Minister of Maharashtra, public curiosity about his wealth and investments has grown. During the recently held assembly elections, Fadnavis disclosed his net worth and investments in an affidavit submitted to the Election Commission.
Devendra Fadnavis’s net worth and properties
In the affidavit, Fadnavis revealed his total net worth is ₹5.2 crore. This includes:
- Movable assets: ₹56 lakh
- Immovable assets: ₹4.6 crore, comprising agricultural and residential properties
Fadnavis owns two plots of land in Nagpur, valued at ₹3.5 crore and ₹47 lakh respectively.
Annual income details:
- For FY 2023-24: ₹38.7 lakh
- For FY 2022-23: ₹38.6 lakh
Bank accounts, investments, and gold
Fadnavis provided further details about his financial assets, including:
- Cash: ₹23,500
- Bank deposits: ₹2.3 lakh
- PPF account: ₹1.7 lakh
- Insurance policy: ₹3 lakh
- Gold jewellery: Worth ₹32 lakh
Amrita Fadnavis’s impressive wealth
Devendra Fadnavis’s wife, Amrita Fadnavis, declared a net worth of ₹7.9 crore, significantly higher than her husband’s. She is known for her career in the banking sector and other ventures.
Key financial details:
- Annual income FY 2023-24: ₹79.3 lakh
- Mutual fund investments: ₹5.6 crore
- Gold jewellery: Worth ₹65 lakh
- Cash in hand: ₹10,000
Interestingly, Amrita does not own a car despite her substantial wealth.
Previous earnings:
- FY 2022-23: ₹92.5 lakh
- FY 2021-22: ₹1.84 crore
Highlights of the disclosures
- The couple’s combined net worth exceeds ₹13 crore.
- Fadnavis’s major assets are in Nagpur, including two plots.
- Amrita Fadnavis has significant mutual fund investments, accounting for a large share of her wealth.
These disclosures provide a glimpse into the financial standing of one of Maharashtra’s most prominent political leaders and his family.
