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IN PIX: Who is the richest minister of all?

Last updated on: September 9, 2011 08:15 IST

Prime minister is worth Rs 5 crores

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Union ministers recently declared their assets to the Prime Minister's Office which put it up on its web site for public knowledge. We compared these declarations to the ones that some ministers made when in 2009, and here's what we found.

Manmohan Singh

Cash in Hand + Deposits in Banks

Rs 3,22,08,472.81 (including Rs 11,07,057 in the name of his wife Gursharan Kaur)

Disclosure made in 2009

Rs 2,47,17,810

Investments (shares/ Bonds)

Rs 7,15,563

Disclosure made in 2009

NIL

Jewellery

Gold 150.8 gm (Value Rs 2,75,000)

Disclosure made in 2009

NIL

Immovable Assets

1. Residential house in Chandigarh

(Current market value Rs 90,00,000)

2. Apartment in Delhi

(Current market value 88,67,000)

Disclosure made in 2009

Rs 1,78,67,000

Motor Vehicle

Maruti 800 (1996 model) worth Rs 24,745.

Disclosure made in 2009

Maruti 800 (1996 model)

Rs 34,249

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Image: Prime Minister Manmohan Singh

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Pranab and wife are worth Rs 3 crore

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Pranab Mukherjee

Cash in Hand + Deposits in Banks

Rs 63,37,517 (plus Rs 53,26,757 in wife's name)

Disclosure made when contesting 2009 elections

Rs 55 lakhs. 

Investments (shares/bonds)

NIL

Disclosure made when contesting 2009 elections

NIL

Jewellery

Gold jewelley weighing 1,395 gm in wife's name (held as her stridhan) worth Rs 31.3 lakhs (valued at Rs 22.57 lakh two years ago).

Immovable Assets

1. Flat in Delhi

Market value Rs 39,20,000

2. Flat in Kolkata

Market value Rs 21,12,000

3. 1/7 share in ancestral land

Rs 1,66,279

4. 1/3 share in ancestral house

Rs 60,000

Properties held in his wife's name:

Basement + ground floor flat at Greater Kailash II, New Delhi, worth Rs 75.9 lakhs.

Flat in Kolkata worth Rs 21.2 lakhs.

Flat in Kolkata worth Rs 20 lakhs.

Double-storey house in Birbhum worth Rs 2.14 lakhs.

Two-storey building in Birbhum, worth Rs 5.6 lakhs.

Agricultural land in Birbhum, worth Rs 1.22 lakhs.

All these were disclosed in Mukherjee's 2000 election affidavit.

Motor Vehicle

Ford Ikon (2000 model)

Ambassador car (in wife's name)

Wife's car was not disclosed in the 2009 affidavit.

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Image: Finance Minister Pranab Mukherjee

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Kamal Nath is the richest minister

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Kamal Nath

Interestingly, in his 2009 election affidavit, as available on nationalelectionwatch.org, Nath did not list his two sons, and daughter-in-law's assets. However, he has filed a detailed affidavit on the prime minister's office web site, listing all this and more.   

Cash in Hand + Deposits in Banks

Rs 2,39,75,257.

In wife Alka's name: Rs 1,41,20,000.

In son Nakul's name: Rs 41,43,795.

In son Bakul's name: Rs 64,41,473.

In daughter-in-law Simran's name: Rs 20,61,145.

According to Kamal Nath's 2009 affidavit, he and his wife had a cash and bank balance of Rs 1.18 crores.

Investments (shares/LIC)

Rs 22.25,lakhs app.

In wife's name: Rs 2 crores app; In son Nakul's name: Rs 1.15 crores app; In son Bakul's name: Rs 60 lakhs app; In daughter-in-law Simran's name: Rs 1.08 crores app.

In his 2009 affidavit, Kamal Nath and his wife had listed combined share holding worth Rs 2.57 crores, NSS, postal savings of Rs 56.22 lakhs, and LIC of Rs 43.50 lakhs.

Jewellery

Gold 300 gm, valued at Rs 3,00,000.

Wife Alka has jewellery at cost of Rs 9.25 lakh, son Nakul has jewellery at cost worth Rs 6.75 lakh, daughter-in-law Simran has gold and silver worth (as per wealth tax return) Rs 1.89 crores.

In his 2009 affidavit, Kamal Nath and his wife had mentioned jewellery worth almost Rs 19 lakhs.

Immovable Assets

Kamal Nath owns land and building in Sultanpur village, Delhi, which cost Rs 1.5 crores.

Wife Alka lists property in Chhindwara, Madhya Pradesh worth Rs 6.89 lakhs, and in Panchsheel Park, New Delhi, worth Rs 1.87 crores.Son Bakul has half share in two Bengaluru flats, worth Rs 39.7 lakhs and Rs 87 lakhs. Daughter-in-law Simran owns the other two halves in these flats, worth the same. Apart from these, she also owns a villa in Gurgaon worth Rs 1.09 crores, and a half share in a Surendra Nagar property worth Rs 3.15 crores.

In his 2009 affidavit Kamal Nath had mentioned 60 acres of agricultural land in Shikarpur village worth Rs 34.7 lakhs, a building in Sultanpur village worth Rs 2.45 crores, a Friends Colony, Delhi, house worth Rs 5 crores, while Alka owned a house in Shikarpur worth Rs 23 lakhs and an apartment on Siri Fort road in Delhi worth Rs 24.65 lakhs.

Other assets

Kamal Nath has listed a computer worth Rs 45,000, a Tata Nano worth Rs 1.96 lakh, and an Ambassador car worth Rs 4.84 lakhs. The rest of the family owns no cars. 

In his 2009 affidavit he had mentioned the Ambassador car along with a Mahindra Scorpio worth Rs 6.5 lakhs.

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Image: Union Minister for Urban Development Kamal Nath

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A K Antony. What you see is what you get

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No surprises here, everyone knows Antony is a simple man, and his assets declaration reflects it.

Cash in Hand + Deposits in Banks

Rs 1,82,477 in two accounts in SBI.

Wife Elizabeth has two accounts in Canara Bank, with Rs 1.72 lakhs in them, while son Ajith has Rs 20,200 in fixed deposit with Canara Bank.

In his 2009 affidavit, Antony and his family had listed Rs 1.34 lakhs. According to it, listed by nationalelectionwatch.org, Elizabeth had an LIC policy worth Rs 1.10 lakhs, and Rs 10,000 in NSS. One of his dependents had Rs 60,000 in an ICICI Bank account.

Investments (shares/ Bonds)

NIL

Disclosure made in 2009

NIL

Jewellery

25 sovereigns

In 2009 elections 20 sovereigns was declared..

Immovable Assets

House and land in Kerala, in Elizabeth's name worth Rs 15 lakh each.

In the 2009 affidavit, the value of the house in Thiruvananthapuram was given as Rs 10 lakhs, and the value of the land was given as Rs 5 lakhs.

Motor Vehicle

Secondhand Wagon R purchased (through loan) in wife Elizabeth's name for Rs 1.36 lakhs.

No vehicle declared in 2009

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Image: Defence Minister A K Antony

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Alagiri, the man with the Midas touch

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M K Alagiri

Cash in Hand + Deposits in Banks

Rs 7,37,17,310, and Rs 1.41 crores with wife Kanthi.

Disclosure made in his affidavit in 2009

As per nationalelectionwatch.org, he had declared Rs 77,720.

Investments (shares/ Bonds)

Investment in Dhava Diagnostics, Madurai, as proprietor: Rs 1.28 crores. Kanthi has investments over Rs 4 crores.

Disclosure made in the 2009 affidavit

NIL

Jewellery

85 gm gold worth Rs 1.42 lakhs. Kanthi has 700 gm of old jewellery worth Rs 11.64 lakhs, and 2942.194 gm (including diamond jewellery) worth Rs 1.83 crores. 

Disclosure in the 2009 affidavit

No jewellery with Alagiri. Kanthi has 200 gm worth Rs 2.75 lakhs, 163 gm with two dependents worth Rs 2.24 lakhs.

Immovable Assets

Rs 4,25 crores with Alagiri, and Rs 55.65 crores with Kanthi.

In his 2009 affidavit as per nationalelectionwatch.org, Kanthi held no property while Alagiri held two plots of agricultural land worth Rs 15.9 lakhs, one building worth Rs 54 lakhs, one house worth Rs 43 lakhs.

Motor Vehicle

Honda City worth Rs 1.4 lakh and LandRover worth Rs 1.2 lakh while Kanthi owns a Toyota Innova worth Rs 5.35 lakhs and a BMW worth Rs 75 lakhs.

Disclosure made in 2009

Alagiri owned a Tata Indica while Kanthi owned an Ambassador car.

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Image: Cabinet minister M K Alagiri

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Moily's simple declaration

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V Moily

Cash in Hand, in bank + fixed deposits

Rs 13,33,962

Disclosure in his 2009 election affidavit

Four bank accounts in his name, having Rs 10.5 lakhs app; four bank accounts in spouse's name with Rs 11.2 lakhs app.

Investments (shares/ Bonds)

NIL

Disclosure in 2009

Rs 41,000 in Moily's name, 3.17 lakh in spouse's name.

Jewellery

NIL

Disclosure made in 2009

50 tolas of gold in wife's name worth Rs 5.5 lakhs.

Immovable Assets

NIL

Disclosure made in 2009

Agricultural land in Modabideri, no value given. Wife owns two plots totally valued at over Rs 30.5 lakhs.

Wife also owns a residential site with building in Bengaluru valued at Rs 2.09 crores.

Motor Vehicle

NIL

Disclosure made in 2009

Rs 2,70,772  (Opel Astra). Wife owns a Honda worth Rs 17 lakhs.

Did you enjoy this listing? We will bring you more details from our ministers' assets declarations, watch out for them soon!


Image: Minister of Corporate Affairs Veerappa Moily

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