Published 18:36 IST, December 4th 2024
Devendra Fadnavis Net Worth: A Look At Next Maharashtra CM's Assets, Loans And Possessions
Maharashtra is set to have back its CM Devendra Fadnavis, who will take the oath tomorrow at 5:30. Let's take a look at his net worth
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Devendra Fadnavis is set to assume the role of Maharashtra's Chief Minister for a third term following the Mahayuti alliance's decisive win in the state elections. The BJP leader, along with Shiv Sena's Eknath Shinde and NCP's Ajit Pawar, has staked a claim to form the new government.
At a press conference, Fadnavis shared, “We met the Governor and submitted the letter of support to claim the formation of the government. Our alliance partners, Shiv Sena and NCP have requested that I be sworn in as the CM of Mahayuti. The Governor has accepted the requests and invited us to the oath ceremony tomorrow at 5:30 pm.”
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The swearing-in ceremony is scheduled for tomorrow, December 5, 2024, at 5:30 pm, with Prime Minister Modi attending the event.
Devendra Fadnavis net worth
Now, let's take a look at the new Maharashtra CM's net worth. In an affidavit filed, Devendra Fadnavis revealed his total assets, along with his wife Amruta Fadnavis, amounting to Rs 131.7 crore.
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Devendra Fadnavis mutual fund portfolio
One of the highlights of the affidavit is the couple’s extensive investments in shares and mutual funds. Fadnavis reported investments in shares worth Rs 43.6 crore. His mutual fund investments total Rs 12.6 crore.
Devendra Fadnavis Real Estate Investment
The Fadnavis family also owns multiple properties, including inherited agricultural lands in Nagpur and Chandrapur, with a combined market value of Rs 46.9 crore He also has movable assets worth Rs 5.6 crore. Additionally, Amruta Fadnavis owns residential buildings in Mumbai and Nagpur, valued at Rs 9.5 crore.
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Devendra Fadnavis Luxury Assets
Fadnavis declared jewellery worth Rs 32.8 lakh, while Amruta’s gold holdings are valued at Rs 65.7 lakh. The family did not report any motor vehicles, yachts, or aircraft.
Devendra Fadnavis Liabilities
For the financial year 2023-24, his total income was Rs 38.73 lakh, while Amruta earned Rs 79.3 lakh, primarily through her job in the financial sector.
On the liabilities front, Fadnavis owes Rs 62 lakh in personal loans to his wife, Amruta. However, the affidavit confirmed no pending government dues or tax liabilities.
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Updated 18:38 IST, December 4th 2024