DK Shivakumar set to become India’s richest chief minister:Chandrababu Naidu to slip to 2nd spot – list of India’s richest CMs

The Congress leader from Karnataka, DK Shivakumar, popularly known as DKS, is set to become the richest Chief Minister (CM) in India. Affidavits filed with the Election Commission of India (ECI) show that his wealth is more than Andhra Pradesh Chief Minister, N Chandrababu Naidu, who is currently the richest chief minister in the country. Let’s have a close look at the wealth and assets of DK Shivakumar according to official data disclosed on the Election Commission of India (ECI) website. DK Shivakumar – Net Worth According to his official papers filed during the Karnataka assembly elections 2023, DK Shivakumar is an extremely rich man. His total net worth is more than ₹1,413 crore. Distribution of DKS’s wealth: Note: the above graphic entails some of his possessions and does not ad up to his total net worth. Bank Balance – Over ₹14 crore DK Shivakumar and his family keep their money in many top banks. He has accounts in several big banks in which his total savings stood at ₹14.67 crore as of April 2023: Cash in Hand Even though he has a lot of money in the bank, he keeps very little cash in hand. The documents show he had around ₹4.85 lakh in cash. Car – Toyota Qualis Many rich people love big luxury cars. However, the papers show that DK Shivakumar does not focus on owning a lot of personal cars in his name. He has Toyota Qualis worth ₹8.35 crore. ₹18 lakh worth of gold: DKS possesses commodities worth ₹2.47 crore which subsume ₹18 lakh worth of gold, ₹2.87 lakh worth silver and ornaments worth ₹2.26 crore. ₹9 lakh Rolex watch: Shivakumar is also a watch fancier as he possesses ₹9 lakh worth Rolex watch and ₹23.90 lakh worth Hublot timepiece. Most of his transport and travel needs are taken care of by business vehicles or shared assets. Investments, Shares, and Bonds – ₹1.82 crore DK Shivakumar likes to invest his money. He holds shares of PSU banks like: He is also invested in shares and bonds of following firms: Land and Properties: DKS owns properties too. This is why his wealth is so high. Agricultural Land: He owns large pieces of farming land in places like Kodihalli and Kanakapura Taluk. He owns agricultural land with value of ₹28.60 crore. Non-Agricultural Land: He owns premium plots and land in Bengaluru South, Mysore, and Bhoopasandra. The total market value of this open land stood at ₹60.53 crore by April 2023. Buildings: He owns commercial buildings and office spaces worth ₹852 crore. This includes a big space at Pantharapalya in Bengaluru and Vinayaka Touring Talkies in Kodihalli. Houses: He owns high-value homes and flats. He has a massive house in Krishna Nagar in Delhi. He also has high-end apartments like Flat No. 89 in Delhi and High Point apartments on Palace Road in Bengaluru. The total value of his residential buildings stood at ₹18.51 crore. Businesses: The largest portion of his business investments is centered around land development, real estate, and construction enterprises. Currently, N Chandrababu Naidu is the richest Chief Minister in India with ₹931 crore. But when DK Shivakumar steps into the role of a chief minister, his net worth of ₹1,413 crore will easily push him to the number one spot. He will officially become India’s richest CM. This information tells us a clear story of how wealth and politics come together in modern India.