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Top 10 richest Members of Parliament in 18th Lok Sabha

Here's the list of the top 10 winning candidates from the Lok Sabha 2024 elections with the highest total assets.

10 richest Members of Parliament in 18th Lok Sabha: This marks the highest number of candidates since 1996 when a record 13,952 candidates were in the fray. In the 2019 Lok Sabha elections, there were about 8,039 candidates.10 richest Members of Parliament in 18th Lok Sabha: This marks the highest number of candidates since 1996 when a record 13,952 candidates were in the fray. In the 2019 Lok Sabha elections, there were about 8,039 candidates.
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The 2024 Lok Sabha elections concluded with Narendra Modi of the Bharatiya Janata Party (BJP) taking over as the Prime Minister of India for the third consecutive time. The BJP-led National Democratic Alliance (NDA) secured a majority, winning 293 seats in this year’s general elections.

The elections saw a record number of candidates, with over 8,000 in fray for the 543 seats in the Lok Sabha, as per a report by PRS Legislative Research.

This marks the highest number of candidates since 1996 when a record 13,952 candidates were in the fray. In the 2019 Lok Sabha elections, there were about 8,039 candidates.

Notably, the recent report by the Association of Democratic Reforms (ADR) highlighted that an overwhelming 93% of the winning candidates in the current Lok Sabha are crorepatis, a significant increase from 88% in 2019 and 82% in 2014.

Top 10 richest members of Lok Sabha 2024

S.No. Name Constituency Political Party 
Total Assets (Rs)
1 Dr Chandra Sekhar Pemmasani Guntur TDP
57,05,47,27,538 (5705 Crore+)
2 Konda Vishweshwar Reddy Chevella BJP
45,68,22,22,094 (4568 Crore+)
3 Naveen Jindal Kurukshetra BJP
12,41,47,68,000 (1241 Crore+)
4 Prabhakar Reddy Vemireddy Nellore TDP
7,16,33,22,265 (716 Crore+)
5 C. M. Ramesh Anakapalle BJP
4,97,60,24,996 (497 Crore+)
6 Jyotiraditya M. Scindia Guna BJP
4,24,74,94,078 (424 Crore+)
7 Chhatrapati Shahu Shahaji Kolhapur INC
3,42,86,68,000 (342 Crore+)
8 Sribharat Mathukumili Visakhapatnam TDP
2,98,95,86,580 (298 Crore+)
9 Hemamalini Dharmendra Deol Mathura BJP
2,78,93,68,227 (278 Crore+)
10 Dr. Prabha Mallikarjun Davanagere INC
2,41,28,03,910 (241 Crore+)

Source: ADR

1. Dr Chandra Sekhar Pemmasani (TDP):

Dr Chandra Sekhar Pemmasani (Source: Facebook)

Dr Chandra Sekhar Pemmasani, who recently took the oath as Minister of State in the Ministry of Rural Development and Ministry of Communications, is the richest Lok Sabha 2024 candidate and MP in the Modi 3.0 Cabinet, with total assets worth about ₹5705+ crore. Pemmasani won from the Guntur constituency by defeating his closest rival, YSRCP’s Kilari Venkata Rosalah, by a margin of 3,44,695 votes.

2. Konda Vishweshwar Reddy (BJP):

Konda Vishweshwar Reddy (Source: Facebook)

In the 2024 general elections, Konda Vishweshwar Reddy of the BJP won from the Chelleva constituency in Telangana. He defeated Dr. Gaddam Ranjith Reddy of the Congress by a margin of 1,72,897 votes. Reddy declared total assets worth Rs 4568 crore, making him the second most affluent among the current Member of Parliament in the Lok Sabha.

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3. Naveen Jindal (BJP):

Naveen Jindal. (Source: Facebook)

Naveen Jindal, the former MP of the 14th and 15th Lok Sabhas, won the Lok Sabha 2024 elections for the BJP from the Kurukshetra constituency. He defeated his closest rival, AAP’s Sushil Gupta, by 29,021 votes. Naveen Jindal hails from one of the most affluent families in Asia and serves as the Chairman of Jindal Steel and Power Limited, a major steel company in India. His total assets are worth over Rs 1241 crore, making him the third richest MP in Lok Sabha.

4. Prabhakar Reddy Vemireddy (TDP):

Prabhakar Reddy Vemireddy (Source: AP7AM)

Prabhakar Reddy Vemireddy, the founder of VPR Mining Infra Pvt. Ltd., has declared total assets worth ₹716 crore, making him one of the wealthiest MPs in the present Lok Sabha. Winning the 2024 Lok Sabha elections from the Nellore constituency, he won by a margin of 2,45,902 votes by defeating his closest rival, Venumbaka Vijaya Reddy of the YSRCP.

5. C. M. Ramesh (BJP):

CM Ramesh (Source: IE)

Chintakunta Munuswamy, or C. M. Ramesh, has served as a Member of Parliament in the Rajya Sabha, the upper house of India’s parliament, and has declared total assets worth Rs 497 crore, making him one of the affluent MPs in Lok Sabha 2024. Ramesh has won the general elections 2024 for BJP from the Anakapalli constituency in Andhra Pradesh, securing a total of 6,44,444 votes, defeating his closest rival, Di Mutyala Naidu of the YSR Congress Party (YSRCP), by a margin of 2,96,530 votes.

6. Jyotiraditya M. Scindia (BJP):

Jyotiraditya Scindia, (Credit- X: @JM_Scindia)

Jyotiraditya M. Scindia possesses assets worth over 424 crore, which makes him one of the most affluent MPs. Having previously served as the Civil Aviation and Steel Minister under the Modi Cabinet in 2021, Scindia has now been appointed as the Minister of Communications and the Minister of Development of the North Eastern Region after winning the 2024 Lok Sabha elections from the Guna constituency in Madhya Pradesh.

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7. Chhatrapati Shahu Maharaj (INC):

Chhatrapati Shahu’s Maharaj (File/Express photo by Arul Horizon)

Chhatrapati Shahu Maharaj, hailing from the royal family of Kolhapur, has total assets worth ₹342 crores. In the 2024 general elections, he represented the Congress party and emerged victorious from the Kolhapur constituency in Maharashtra with a winning margin of 1,54,964 votes, defeating Sanjay Sadshivrao Mandlik of the Shiv Sena.

8. Sribharat Mathukumilli (TDP):

Sribharat Mathukumilli (Source: M9.news)

An Indian educationist and the President of Gandhi Institute of Technology and Management (GITAM), TDS’s Sribharat Mathukumilli, has total assets worth more than ₹298 crores. He won from the Visakhapatnam constituency in Andhra Pradesh, defeating his closest rival, Jhansi Lakshmi Botcha of the YSR Congress Party (YSRCP), by a margin of 504,247 votes.

9. Hema Malini (BJP):

Hema Malini (File Photo)

Malini secured a hat-trick by winning from the Mathura constituency in the Lok Sabha elections 2024, defeating her closest rival, Mukesh Dhangar of the Congress, by a margin of 293407 votes. In her affidavit, she has disclosed assets worth over ₹278 crores, making her one of the richest MPs from the BJP.

10. Dr Prabha Mallikarjun (INC):

Dr Prabha Mallikarjun (Source: X/ Dr Prabha Mallikarjun)

Dr Prabha Mallikarjun of the Congress has declared total assets worth over ₹241 crore in her election affidavit. In the 2024 Lok Sabha elections, she emerged victorious from the Davanagere constituency in Karnataka, defeating her closest rival, Gayithri Siddeshwara of the BJP, by a margin of 26,094 votes.

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Cherry Gupta is an Assistant Manager – Content at The Indian Express. She leads the Top 10 section, curating list-based features on key national and international developments, and manages daily news content. She also produces SEO-driven articles and collaborates with the Lifestyle team to conduct interviews with notable artists and write workplace culture features. ... Read More

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