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- Siddaramaiah is among the richest and debtor CM of the country.
Karnataka Former CM Siddaramaiah Net Worth: Siddaramaiah, who was the Chief Minister of Karnataka, has resigned from his post. Now DK Shivakumar will be the new Chief Minister of Karnataka. Meanwhile, with the news of his resignation, the discussion regarding his property and debt has also intensified. According to the reports of ADR and MyNeta, 77-year-old Siddaramaiah is considered to be the third richest Chief Minister of the country, but at the same time he is also among the most indebted Chief Ministers.
Siddaramaiah, owner of property worth crores
Let us tell you that according to the affidavit given during the elections, the total assets of senior Congress leader Siddaramaiah and his family have been said to be around Rs 51.93 crore (about Rs 52 crore).
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Big portfolio from bank to investment
His movable assets include various types of investments like…
- About Rs 7 crore deposited in different banks.
- And about Rs 2.42 crore in shares, bonds and mutual funds.
- Along with this, investment of about Rs 33 lakh in life insurance schemes.
- And property worth about Rs 97 lakh including gold and silver.
Situation is strong in real estate also
There is a large amount of land and houses in the name of Siddaramaiah and his wife. Their value, including agricultural land, commercial plots and residential properties around Mysuru and Bengaluru, has been estimated at more than Rs 30 crore.
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The debt burden is also very heavy
The surprising thing is that while on one hand the figure of assets is big, on the other hand the debt is also not less. According to the report, his family has a loan of about Rs 23.86 crore. If we talk about the country then they are at second position in terms of debt.