© IE Online Media Services Pvt Ltd
Tags:
Journalism of Courage
Wealthiest MLAs in Maharashtra State Assembly 2024: The Election Commission of India announced the results of the Maharashtra Assembly Elections 2024 this Saturday, revealing that the BJP-led Mahayuti alliance successfully retained power by winning 233 out of 288 assembly seats.
Marking an unprecedented electoral victory that the state has not experienced since 1980, the BJP achieved a historic sweep in Maharashtra Assembly polls by securing 132 seats on its own.
The BJP achieved a historic victory by winning 132 seats on its own, marking an unprecedented electoral success that the state has not experienced since 1980.
Read: Top 10 richest Members of Parliament in 18th Lok Sabha.
On the contrary, the opposition Maha Vikas Aghadi (MVA), a coalition of Congress, NCP (SP), and Shiv Sena (UBT), has encountered a disastrous defeat, securing only 46 of the seats.
Following the BJP-led Mahayuti win, the Maha Vikas Aghadi (MVA) called it “unexpected and unimaginable,” whereas Prime Minister Narendra Modi stated, “Ek hain toh safe hai.” (United, we remain safe.)
This year, approximately 4136 candidates contested in the Maharashtra Assembly Elections 2024, as per the data reported by the Chief Electoral Officer, Maharashtra.
ADR further highlights that the average assets of the newly elected MLAs in 2024 are ₹43.42 crore, which is nearly double the average of ₹22.42 crore in 2019.
Furthermore, the number of crorepati MLAs has risen, with five legislators declaring assets exceeding ₹100 crore.
Here are the top 10 richest winning candidates by total assets in the Maharashtra Legislative Assembly Elections 2024:
| S.No. | Name of the MLA | District | Constituency | Political Party | Total Assets (₹) |
| 1 | Parag Shah | Mumbai Suburban | Ghatkopar East | BJP | ₹33,83,06,20,898 (3383 Crore+) |
| 2 | Prashant Ramsheth Thakur | Raigad | Panvel | BJP | ₹4,75,85,39,330 (475 Crore+) |
| 3 | Mangal Prabhat Lodha | Mumbai City | Malabar Hill | BJP | ₹4,47,09,23,931 (447 Crore+) |
| 4 | Pratap Baburao Sarnaik | Thane | Ovala Majiwada | Shiv Sena | ₹3,33,32,95,113 (333 Crore+) |
| 5 | Abu Asim Azmi | Mumbai Suburban | Mankhurd Shivajinagar | SP | ₹3,09,44,21,964 (309 Crore+) |
| 6 | Kadam Vishwajit Patangrao | Sangli | Palus-Kadegaon | INC | ₹2,99,46,10,739 (299 Crore+) |
| 7 | Sameer Dattatraya Meghe | Nagpur | Hingna | BJP | ₹2,61,39,16,592 (299 Crore+) |
| 8 | Prof.Dr. Tanaji Jayawant Sawant | Osmanabad | Paranda | Shiv Sena | ₹2,35,21,35,234 (261 Crore+) |
| 9 | Rajesh Sambhajirao Pawar | Nanded | Naigaon | BJP | ₹2,12,83,38,777 (235 Crore+) |
| 10 | Bapusaheb Tukaram Pathare | Pune | Vadgaon Sheri | NCP (Sharad Pawar) | ₹2,08,29,65,072 (208 Crore+) |
Source: Association for Democratic Republic (ADR)
Ranked: Top 10 Richest Ministers in Modi 3.0 Union Cabinet
Parag Shah of the BJP, the wealthiest MLA in this election, retained the Ghatkopar East seat by 34,999 votes, prevailing over Rakhee Jadhav of the NCP-SP.
Shah, 55, is a real estate builder who also manages a construction firm, Man Infra Construction Limited, and his fortune has soared by 575% over the last five years, mostly owing to his real estate enterprises.
In 2019, he disclosed a net worth of ₹500 crore, and in 2024, Shah declared assets totalling ₹3,383 crore, which includes ₹3,315 crore movable and ₹67 crore immovable assets.
In case you missed it: World’s Top 10 Highest-Paid Political Leaders in 2024
