Wealthy MLAs. Karnataka’s newly-elected Assembly is the richest in the country

A closer look at the wealth owned by the 224 new MLAs of the Karnataka Assembly shows that on average, an MLA owns ₹64.4 crore worth of assets.

This is the highest in the country, our analysis of reports by the Association for Democratic Reforms shows.

Each new Karnataka MLA owns wealth of Rs 64.4 Cr on average

Andhra Pradesh comes a distant second, where each incumbent MLA owns assets worth ₹28 crore on average. The third is Maharashtra, where it is ₹22.42 crore.

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In the current Assembly, Congress MLAs are the richest. They own ₹67.13 crore on average, mostly owing to the wealth of two MLAs ― DK Shivakumar and Priya Krishna.

Shivakumar has assets worth ₹1,413 crore, while Krishna has ₹1,156 crore. If their assets are excluded, a Congress MLA in Karnataka owns assets worth ₹48.5 crore on average.

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The average wealth of BJP MLAs is ₹44.36 crore.

ADR’s report also shows that MLAs who got re-elected in 2023, too, saw a massive rise in their wealth. While an average re-elected Congress MLA’s assets grew by 73 per cent, it was 67 per cent for BJP MLAs.

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