Top 10 MPs with the Highest Declared Assets in the 18th Lok Sabha
A neutral, student-focused analysis based on the self-sworn affidavits filed for the 2024 Lok Sabha election—not private wealth estimates or live net-worth calculations.
Updated AnswerDr Chandra Sekhar Pemmasani of the Telugu Desam Party declared the highest total assets among the 2024 Lok Sabha winners, followed by Konda Vishweshwar Reddy and Naveen Jindal. The ranking below uses the latest uniform nationwide asset declarations available for members elected to the 18th Lok Sabha.
Read This Before Using the Ranking“Richest MP” is a convenient headline, but the precise term is MP with the highest self-declared assets. Election affidavits report assets held by the candidate, spouse and dependents under specified categories. They are election-time disclosures, may later change, and do not equal independently verified current net worth.
Quick Facts
₹14,315.90 crCombined top-10 assets
₹1,431.59 crTop-10 average
71.8%Top-two share of top-10
93%Crorepati winners in 2024
Top 10 Ranking
| Rank | MP | Party | Constituency | State | Declared Assets | Declared Liabilities |
|---|---|---|---|---|---|---|
| 1 | Dr Chandra Sekhar Pemmasani | TDP | Guntur | Andhra Pradesh | ₹5,705.47 crore ₹57,05,47,27,538 |
₹1,038 crore+ |
| 2 | Konda Vishweshwar Reddy | BJP | Chevella | Telangana | ₹4,568.22 crore ₹45,68,22,22,094 |
₹13 crore+ |
| 3 | Naveen Jindal | BJP | Kurukshetra | Haryana | ₹1,241.48 crore ₹12,41,47,68,000 |
₹7 crore+ |
| 4 | Prabhakar Reddy Vemireddy | TDP | Nellore | Andhra Pradesh | ₹716.33 crore ₹7,16,33,22,265 |
₹197 crore+ |
| 5 | C. M. Ramesh | BJP | Anakapalle | Andhra Pradesh | ₹497.60 crore ₹4,97,60,24,996 |
₹101 crore+ |
| 6 | Jyotiraditya M. Scindia | BJP | Guna | Madhya Pradesh | ₹424.75 crore ₹4,24,74,94,078 |
₹48 lakh+ |
| 7 | Chhatrapati Shahu Shahaji | INC | Kolhapur | Maharashtra | ₹342.87 crore ₹3,42,86,68,000 |
Nil |
| 8 | Sribharat Mathukumili | TDP | Visakhapatnam | Andhra Pradesh | ₹298.96 crore ₹2,98,95,86,580 |
₹1 crore+ |
| 9 | Hema Malini Dharmendra Deol | BJP | Mathura | Uttar Pradesh | ₹278.94 crore ₹2,78,93,68,227 |
₹7 crore+ |
| 10 | Dr. Prabha Mallikarjun | INC | Davanagere | Karnataka | ₹241.28 crore ₹2,41,28,03,910 |
₹24 crore+ |
Central CorrectionC. M. Ramesh represents Anakapalle in Andhra Pradesh, not Karnataka. Dr. Prabha Mallikarjun represents Davanagere in Karnataka.
Visual Comparison
Top Three Profiles
1. Dr Chandra Sekhar PemmasaniTDP MP from Guntur, Andhra Pradesh. Declared total assets: approximately ₹5,705.47 crore.
2. Konda Vishweshwar ReddyBJP MP from Chevella, Telangana. Declared total assets: approximately ₹4,568.22 crore.
3. Naveen JindalBJP MP from Kurukshetra, Haryana. Declared total assets: approximately ₹1,241.48 crore.
ConcentrationThe first two declarations together account for about 71.8% of the combined assets of this top-ten group.
Party-Wise Representation in the Top Ten
| Party | Number in Top 10 | Names |
|---|---|---|
| Bharatiya Janata Party | 5 | Konda Vishweshwar Reddy, Naveen Jindal, C. M. Ramesh, Jyotiraditya Scindia and Hema Malini |
| Telugu Desam Party | 3 | Dr Chandra Sekhar Pemmasani, Prabhakar Reddy Vemireddy and Sribharat Mathukumili |
| Indian National Congress | 2 | Chhatrapati Shahu Shahaji and Dr. Prabha Mallikarjun |
State-Wise Observation
Andhra Pradesh has four MPs in the top ten: Dr Chandra Sekhar Pemmasani, Prabhakar Reddy Vemireddy, C. M. Ramesh and Sribharat Mathukumili. Telangana, Haryana, Madhya Pradesh, Maharashtra, Uttar Pradesh and Karnataka contribute one member each.
What Is Declared in an Election Affidavit?
Movable assetsCash, bank deposits, investments, vehicles, jewellery and other specified movable property.
Immovable assetsAgricultural land, non-agricultural land, commercial buildings and residential property.
LiabilitiesLoans, financial obligations and certain government dues declared by the candidate.
Family disclosureSpecified information may cover the candidate, spouse and dependents.
Income sourcesCandidates disclose occupation and reported sources of income.
Public recordThe affidavits are filed with election authorities and analysed by transparency organisations such as ADR.
Declared Assets Are Not the Same as Net Worth
| Term | Meaning |
|---|---|
| Declared assets | The asset values stated in the candidate's election affidavit at the time of filing. |
| Declared liabilities | The loans and obligations reported in the affidavit. |
| Net worth | A financial concept generally calculated after deducting liabilities from asset values, but election-affidavit categories should not automatically be treated as a live audited net-worth statement. |
| Current wealth | May differ because asset prices, ownership, loans and other circumstances can change after the election. |
18th Lok Sabha: Job-Exam Revision
| Topic | Correct Fact |
|---|---|
| House | Lok Sabha is the House of the People and the lower House of Parliament. |
| Election | The 18th Lok Sabha was elected through the 2024 general election. |
| Elected constituencies | 543 parliamentary constituencies were analysed in the 2024 ADR/MyNeta summary. |
| Normal term | Five years unless dissolved sooner. |
| Minimum age to contest | 25 years. |
| Constitutional reference | Articles 79, 81 and 84 are important for Parliament, Lok Sabha composition and qualifications. |
| Financial-disclosure source | Self-sworn candidate affidavits filed during elections. |
| 2024 crorepati winners | 504 of 543 winners, or 93%, according to ADR/MyNeta. |
Important Clarifications
| Common Statement | Accurate Explanation |
|---|---|
| These are the real-time richest people in Parliament. | The ranking uses declared 2024 election assets and is not a live private-wealth list. |
| Assets belong only to the MP personally. | Affidavit totals can include declared assets of the candidate, spouse and dependents. |
| Assets and income are the same. | Assets are property or financial holdings; income is money received during a period. |
| High assets automatically prove wrongdoing. | No. Asset value alone does not establish illegality or misconduct. |
| Liabilities are ignored. | Affidavits separately report liabilities; the table includes rounded liability information. |
| C. M. Ramesh is a Karnataka MP. | He was elected from Anakapalle, Andhra Pradesh. |
Memory Trick: “P–K–N, then V–R–S”Pemmasani = 1
Konda = 2
Naveen = 3
Then Vemireddy, C. M. Ramesh and Scindia.
Konda = 2
Naveen = 3
Then Vemireddy, C. M. Ramesh and Scindia.
10 MCQs
1. Who declared the highest total assets among the 2024 Lok Sabha winners?
Answer: B) Dr Chandra Sekhar Pemmasani
Dr Chandra Sekhar Pemmasani declared assets of approximately ₹5,705 crore.
Dr Chandra Sekhar Pemmasani declared assets of approximately ₹5,705 crore.
2. Konda Vishweshwar Reddy represents which constituency?
Answer: B) Chevella
He was elected from Chevella in Telangana.
He was elected from Chevella in Telangana.
3. Which state has four MPs in this top-ten list?
Answer: C) Andhra Pradesh
Andhra Pradesh has Pemmasani, Vemireddy, C. M. Ramesh and Sribharat in the list.
Andhra Pradesh has Pemmasani, Vemireddy, C. M. Ramesh and Sribharat in the list.
4. C. M. Ramesh was elected from:
Answer: A) Anakapalle, Andhra Pradesh
C. M. Ramesh represents Anakapalle in Andhra Pradesh.
C. M. Ramesh represents Anakapalle in Andhra Pradesh.
5. Who is ranked third by declared assets?
Answer: A) Naveen Jindal
Naveen Jindal declared approximately ₹1,241 crore in total assets.
Naveen Jindal declared approximately ₹1,241 crore in total assets.
6. The ranking is primarily based on data from:
Answer: B) Self-sworn election affidavits
ADR/MyNeta analyses the self-sworn affidavits filed with the Election Commission.
ADR/MyNeta analyses the self-sworn affidavits filed with the Election Commission.
7. Which statement is accurate?
Answer: C) Declared assets are election-time disclosures and may later change
Affidavit values are election-time declarations and are not real-time net-worth estimates.
Affidavit values are election-time declarations and are not real-time net-worth estimates.
8. Hema Malini represents which Lok Sabha constituency?
Answer: A) Mathura
Hema Malini was elected from Mathura in Uttar Pradesh.
Hema Malini was elected from Mathura in Uttar Pradesh.
9. How many of the ten MPs in this list belong to the BJP?
Answer: C) 5
The BJP has five names in the top ten.
The BJP has five names in the top ten.
10. According to ADR/MyNeta's 2024 winners summary, approximately what percentage of winners were crorepatis?
Answer: C) 93%
ADR/MyNeta classified 504 of 543 winners, or 93%, as crorepatis.
ADR/MyNeta classified 504 of 543 winners, or 93%, as crorepatis.
Frequently Asked Questions
Who declared the highest assets among the 2024 Lok Sabha winners?
Dr Chandra Sekhar Pemmasani of the TDP, elected from Guntur, declared approximately ₹5,705.47 crore.
Are these figures current net worth?
No. They are self-declared figures from the 2024 election affidavits and may not reflect later changes.
Which source provides the ranking?
ADR's MyNeta database analyses candidate affidavits sourced from the Election Commission's public records.
Which party has the most names in the top ten?
The BJP has five, followed by the TDP with three and the INC with two.
Which state has the most names in the top ten?
Andhra Pradesh has four members in the list.
Why are liabilities shown separately?
Assets and liabilities are distinct affidavit disclosures. A total-assets ranking should not be presented as audited net worth.
Related Posts on Learn With Mahesh
Official and Primary Data Sources
- ADR/MyNeta – Crorepati Winners Sorted by Declared Assets
- ADR/MyNeta – Full List of 2024 Lok Sabha Winners
- ADR/MyNeta – Hema Malini Affidavit Profile
- Election Commission of India – 2024 Parliamentary Results
- Digital Sansad – Lok Sabha
- Association for Democratic Reforms
Neutrality and Data DisclaimerThis article is for education and examination preparation. The ranking does not allege illegality, corruption or misconduct. It only organises self-declared election-affidavit data by total assets. In case of any discrepancy, the Election Commission affidavit should be treated as the primary record.
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