According to the most recent report from the Association for Democratic Reforms (ADR), Parag Shah The BJP MLA from Maharashtra, is one of the richest MLA’s of India, with assets worth ₹3,383 crore. Most of the top 10 richest MLAs are from Karnataka and Andhra Pradesh, where most of the legislators on the list come from.

The increased wealth of Indian politicians has become a subject of investigation in the history of the country. Some of the most reputable MLAs in India come from powerful business families or have acquired substantial financial assets in their professional career journey. Understanding the overall business activities and income sources of these MLAs helps to understand how they accumulated so much wealth. This complete list of India’s wealthiest MLA’s reveals the names of the politicians who have succeeded in combining their political duties with business operations and investment activities.

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List of Top 10 Richest MLA’s of India in 2026

Rank	MLA Name	Party	State	Declared Assets (₹ Crore)
1	Parag Shah	BJP	Maharashtra	3,383
2	D. K. Shivakumar	INC	Karnataka	1,413
3	K. H. Puttaswamy Gowda	Independent	Karnataka	1,267
4	Priya Krishna	INC	Karnataka	1,156
5	N. Chandrababu Naidu	TDP	Andhra Pradesh	931
6	Ponguru Narayana	TDP	Andhra Pradesh	824
7	Y. S. Jagan Mohan Reddy	YSRCP	Andhra Pradesh	757
8	Nandamuri Balakrishna	TDP	Andhra Pradesh	716
9	Nara Lokesh	BJP	Gujarat	661
10	K. H. Muniyappa	INC	Karnataka	648

Below is a list of the top ten richest MLA’s of India, showcasing key politicians who have declared substantial assets. Each profile offers an overview of their political role and declared net worth as per official records.

1. Parag Shah

Estimated Net Worth: ₹3,383 Crore

Currently considered the richest MLA in the nation, Parag Shah is a member of the Bharatiya Janata Party from Ghatkopar East in Maharashtra. He has a lot of business interests in Mumbai and is mainly a successful real estate developer. His wealth is derived from long-term investments, commercial ventures, and extensive real estate holdings. After becoming a well-known businessman, Shah entered politics and continues to strike a balance between business acumen and governance.

Declared Assets: Approx. ₹3,383 crore

2. D.K. Shivakumar

Estimated Net Worth: ₹1,413 Crore

D.K. Shivakumar is a prominent leader of the Indian National Congress party in Karnataka and also the state’s Deputy Chief Minister. He has engaged in politics for several decades and has considerable wealth through various means, such as business, farming, and land investments. His reputation is such that he can easily get votes for Congress through his strong influence. Along with this, Shivakumar’s financial declaration is proof of his long-term investment in various sectors.

Declared Assets: Approx. ₹1,413 crore

3. K.H. Puttaswamy Gowda

Estimated Net Worth: ₹1,267 Crore

K.H. Puttaswamy Gowda is an Independent MLA from Karnataka who has mostly made his money through private enterprises. He is the owner of companies dealing with infrastructure, real estate, and trading activities. His wealth and regional influence, though coming from non-affiliated politics, have been enough to keep him strong in state politics. His assets signify the importance of entrepreneurship in getting into politics.

Declared Assets: Approx. ₹1,267 crore

4. Priya Krishna

Estimated Net Worth: ₹1,156 Crore

Priya Krishna is a member of the Indian National Congress party representing theGovindarajanagar constituency in Bengaluru. He comes from a politically powerful family and has a mixed inheritance with his own business ventures. Although being the youngest politician in this list, his assets are in real estate, stocks, and commercial properties. Priya Krishna is a new type of leader who merges the use of modern business ways with traditional political outreach.

Declared Assets: Approx. ₹1,156 crore

5. N. Chandrababu Naidu

Estimated Net Worth: ₹931 Crore

Chandrababu Naidu is the Telugu Desam Party’s head and a former Chief Minister of Andhra Pradesh. Having been in politics for years, his property shows both personal and family investments. Naidu is often credited for his technology-oriented governance and developmental undertakings. His wealth statement consists of lands, properties, and money that have been gained over the years.

Declared Assets: Approx. ₹931 crore

6. Ponguru Narayana

Estimated Net Worth: ₹824 Crore

Ponguru Narayana is a prominent TDP political figure and Legislator who comes from the educational and real estate sectors in Andhra Pradesh. He was the one who created many schools and colleges, and in the meantime, he kept his hand in the area of real estate. His wealth mainly consists of the income from these activities as well as long-term investments. Narayana’s net worth shows his ability to combine the two roles of a businessman and a policy-maker with years of experience.

Declared Assets: Approx. ₹824 crore

7. Y.S. Jagan Mohan Reddy

Estimated Net Worth: ₹757 Crore

Y.S. Jagan Mohan Reddy heads the YSR Congress Party and was the Chief Minister of Andhra Pradesh. He is one of the richest MLA’s of India who was born into a political family, and after that, he managed to increase his wealth by means of investments, businesses, and even through other family assets. His financial declarations reveal his ownership of firms, land, and other investments. Jagan Mohan Reddy is still one of the most powerful political figures in South India.

Declared Assets: Approx. ₹757 crore

Prashanthi Reddy is a politician from Andhra Pradesh, affiliated with the Telugu Desam Party. The major source of her net worth is family businesses, real estate, and stocks. She bears the mark of women’s evolving influence in politics with even heavier significance in terms of money. Her affluence makes her one of the richest lawmakers in the country.

Declared Assets: Approx. ₹716 crore

8. Nandamuri Balakrishna

Estimated Net Worth: ₹449 Crore

Nandamuri Balakrishna is a well-known Telugu film actor who now serves as an MLA representing Andhra Pradesh. His wealth originates from his successful film career, endorsement deals, and his family’s inherited assets. The Nandamuri family connection provides him with both political and business ties, which enhance his overall financial resources and make him one of the richest MLA’s of India.

9. Nara Lokesh

Estimated Net Worth: ₹330 Crore

Nara Lokesh, a prominent political leader from Andhra Pradesh, has built his wealth through business investments, IT ventures, and family-owned enterprises. He works with businesses that focus on heritage protection and infrastructure development. His financial capacity comes from his family’s established political power and economic strength within the state.

10. K. H. Muniyappa

Estimated Net Worth: ₹201 Crore

K. H. Muniyappa, a senior Congress leader from Karnataka, has accumulated wealth through agriculture, land ownership, and long-term political career benefits. He is the owner of various properties, and he has made financial contributions to businesses that operate in his community. His continuous financial progress throughout his life has established him as one of the wealthiest MLAs in India.

Conclusion

The list of the top ten richest MLA’s of India shows how politics and business often go hand in hand. Many leaders have built their wealth through real estate, education, agriculture, and other industries. The leaders achieved financial success, which highlights the need for public officials to maintain complete transparency and accountability. Understanding their backgrounds helps people to stay informed about the financial standing of their elected representatives.

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