Of 5 billionaires contesting today's Delhi elections, 3 are from BJP: Know their net worths

Delhi Elections: As Delhi assembly elections are underway, five billionaire candidates emerge, predominantly from the BJP. With assets totaling over 3,952 crores among 699 candidates, this election raises questions about wealth and influence in politics. 

Written By Gulam Jeelani
Updated5 Feb 2025, 07:59 AM IST
Delhi Elections:: Union Home Minister Amit Shah along with BJP Narela constituency candidate Raj Karan Khatri and party MP Yogender Chandoliya and others greet the gathering during a public meeting for the Delhi Assembly elections, in New Delhi on Sunday. (ANI Photo/Ritik Jain)
Delhi Elections:: Union Home Minister Amit Shah along with BJP Narela constituency candidate Raj Karan Khatri and party MP Yogender Chandoliya and others greet the gathering during a public meeting for the Delhi Assembly elections, in New Delhi on Sunday. (ANI Photo/Ritik Jain)(Ritik Jain)

Delhi Elections: Of the five billionaires contesting today's Delhi elections, three are from theBharatiya Janata Party (BJP). The Congress and the Aam Aadmi Party (AAP) have fielded one billionaire each. 

Karnail Singh, the BJP candidate from the Shakur Basti seat, is the richest candidate in today's Delhi Elections. Singh has declared total assets worth over 259 crore, according to a report released by election watchdog, Association for Democratic Reforms (ADR).

Manjinder Singh Sirsa, the saffron party's candidate from Rajouri Garden with assets worth 248 Crore, is the second richest. Parvesh Sahib Singh, who has been fielded from the New Delhi seat by the BJP, is also featured in the list of billionaire candidates in the upcoming Delhi assembly elections.

Also Read | Delhi Poll: Will AAP retain power? Who will clinch women, Dalit votes this time?

Of the 699 candidates analysed, 5 (1 per cent) are billionaires. The total assets of all the 699 candidates stand at 3,952 crores, the ADR report said.

The ADR analysed the self-sworn affidavits of all 699 candidates, who are contesting in the Delhi 2025 Assembly Elections. The elections to the 70-member Delhi assembly are scheduled for February 5. The results will be announced on February 8.

Delhi Election 2025: Parvesh Sahib Singh, who has been fielded from New Delhi seat by the BJP also features in the list 5 Billionaire candidates in the upcoming assembly elections.

 

The other billionaire candidates are Congress leader Gurcharan Singh from Krishna Nagar who has declared assets worth   130 crore and Dhanwati Chandela, the AAP candidate from Rajouri Garden who has declared net worth of   l09 crore.

Among candidates who have the lowest assets include independent candidate Ashok Kumar, contesting from the Ambedkar Nagar seat with assets worth 6,000, and Anita from the New Delhi seat with 9,000 declared net worth.

Karnail Singh, the richest candidate, has assets worth over <span class='webrupee'>₹</span>259 crore.

Led by Arvind Kejriwal, AAP won assembly elections in 2015 and 2020. Before that, the Congress was in power from 1998 until 2013.

Delhi Elections 2025: Candidates with assets worth 100 crore

Among the major parties, 3(4 per cent) out of 68 candidates analysed from the BJP, 1(1 per cent) out of 70 candidates analysed from the Congress, and 1(1 per cent) out of 70 candidates analysed from the AAP have declared assets valued more than 100 crore.

Also Read | 50k govt jobs, ₹10 lakh insurance for gig workers in BJP's Delhi manifesto 3.0

Also, out of the 699 candidates analysed, 23 (3 per cent) candidates have assets worth 50 crores and above, this includes 5 billionaire candidates. In 2020 Delhi Assembly Elections, out of 672 candidates, 13 (2 per cent) had assets valued 50 crores and above, the ADR report said.

Karnail Singh, the richest candidate, has assets worth over <span class='webrupee'>₹</span>259 crore.

The role of money power in our elections is evident from the fact that all major political parties give tickets to wealthy candidates, the election watch dog said in its report. 

“Among the major parties 8 (12 per cent) out of 68 candidates analysed from the BJP, 7(10 per cent) out of 70 candidates analysed from the Congress, 6(9 per cent) out of 70 candidates analysed from the AAP and 2 (1 per cent) out of 138 Independent candidates analysed have declared assets valued more than 50 crore,” the report said.

 

Delhi Election 2205: Also, out of the 699 candidates analysed, 23(3 per cent) candidates have assets worth 50 crores and above, this includes 5 billionaire candidates.
Among candidates, the wealth disparity is stark, with some declaring net worth as low as <span class='webrupee'>₹</span>6,000.
Key Takeaways
  • The emergence of billionaire candidates in Delhi elections highlights the wealth gap in political representation.
  • Only 1% of the candidates analyzed are billionaires, but they hold a significant portion of total declared assets.
  • The upcoming elections could reshape the political landscape, with wealth influencing voter perceptions and choices.

Catch all the live action on Elections and get exclusive coverage on Assembly Election Results 2024 with Events and Latest News Updates on Live Mint. Download The Mint News App to get Daily Market Updates.

Business NewsElectionsOf 5 billionaires contesting today's Delhi elections, 3 are from BJP: Know their net worths
MoreLess