The Lok Sabha elections 2024 are surely one of India’s wealthiest elections so far. The first three phases were dominated by billionaire candidates and the fourth phase is no different. While BJP continues to have the maximum number of crorepati candidates even in phase 4,
Bihar leads the pack in terms of states with 42 per cent candidates being billionaires, closely followed by Uttar Pradesh at 41 per cent.
The Association for Democratic Reforms (ADR) has done a complete analysis of the candidates based on their affidavits and documents filed during nominations.
Here is a rundown of the top 10 candidates with the highest assets in the upcoming elections. Topping the list is Dr. Chandra Sekhar Pemmasani from Andhra Pradesh's Guntur constituency, representing TDP, with movable assets worth Rs 55,98,64,80,786 and immovable assets totaling Rs 1,06,82,46,752, summing up to a whopping total of Rs 57,05,47,27,538.
Following closely is Konda Vishweshwar Reddy from Telangana's Chevella constituency, running for BJP, with movable assets amounting to Rs 44,90,08,21,858 and immovable assets valued at Rs 78,14,00,236, bringing his total assets to Rs 45,68,22,22,094.
Prabhakar Reddy Vemireddy from Andhra Pradesh's Nellore constituency, representing TDP, secures the third position with movable assets of Rs 5,11,37,80,639 and immovable assets of Rs 2,04,95,41,626, totaling Rs 7,16,33,22,265.
This list showcases the substantial financial stature of these candidates, providing insights into the financial dynamics of the electoral landscape.
State Wise Analysis
Telangana leads the pack with 109 out of 524 candidates being crorepati, constituting 21 per cent of the total candidates. In Andhra Pradesh, out of 450 candidates, 128 are crorepati, making up 28 per cent of the total.
Maharashtra follows closely with 80 out of 296 candidates being crorepati, accounting for 27 per cent of the total. Uttar Pradesh boasts the highest percentage of crorepati candidates, with 53 out of 130 candidates falling into this category, making up 41 per cent of the total. West Bengal sees 21 crorepati candidates out of 75, comprising 28 per cent of the total. Madhya Pradesh and Bihar both have around 30 per cent crorepati candidates, with 22 out of 74 and 23 out of 55 respectively.
Jharkhand reports 15 crorepati candidates out of 45, making up 33 per cent of the total. Odisha and Jammu and Kashmir witness higher percentages of crorepati candidates, with 46 per cent and 33 per cent respectively out of their total candidate pools.
Overall, out of the total 1710 candidates, 476 are crorepati, accounting for 28 per cent of the total. These figures shed light on the financial profiles of candidates vying for political office across the country.
