DK Shivakumar Declares Rs1,413 Crore Net Worth as India’s Wealthiest Minister

DK Shivakumar, the Deputy Chief Minister of Karnataka, has been identified as the wealthiest sitting legislator in India, according to official financial disclosures and analysis by the Association for Democratic Reforms (ADR). Shivakumar’s declared assets have reached Rs1,413 crore (approximately $170 million), placing him at the top of the nation's list of high-net-worth political figures. \n\n Asset Breakdown and Growth \n The 61-year-old leader’s wealth has seen a 68% increase over the last five years. In his 2018 election affidavit, Shivakumar reported assets totaling Rs840 crore. His latest filing reveals that the current fortune includes Rs273 crore in movable assets and Rs1,140 crore in immovable property. Despite the high valuation, the Deputy Chief Minister also declared total liabilities of approximately Rs226 crore. \n\n The bulk of his immovable property consists of vast tracts of land and commercial buildings in and around Bengaluru. His movable assets include significant holdings in cash, jewelry, and shares in various enterprises. Shivakumar has consistently attributed his wealth to his long-standing interests in agriculture, granite mining, and real estate…