Senior Congress leader and Supreme Court advocate Abhishek Manu Singhvi has declared assets worth more than Rs.2,500 crore in his Rajya Sabha poll affidavit. His diverse portfolio includes mutual funds, cryptocurrency, artwork, and real estate, making him one of the wealthiest politicians in India today.
Introduction To The Disclosure
Singhvi filed his affidavit while seeking re-nomination to the Rajya Sabha from Telangana. The declaration revealed not only his vast wealth but also the composition of his investments, highlighting the growing presence of modern assets like crypto in political disclosures.
Asset Composition
• Mutual funds and equity investments form a significant portion of his holdings
• Cryptocurrency investments disclosed, a rare move among Indian politicians
• Artwork and paintings valued at over Rs.25 crore
• Real estate and other assets further strengthen his financial standing
Income Growth
Singhvi’s affidavit shows a sharp rise in income over five years, with Rs.374 crore declared for FY 2024–25 compared to Rs.158 crore in FY 2020–21. His cumulative income exceeds Rs.1,500 crore, reflecting consistent financial growth.
Political Context
The disclosure comes as Singhvi seeks re-election, sparking discussions on transparency, wealth concentration, and the financial stature of India’s political elite.
Key Highlights
• Declared assets worth Rs.2,500–2,860 crore
• Portfolio spans mutual funds, crypto, artwork, and real estate
• Artwork valued at Rs.25 crore
• Income rose sharply over five years
• Filing part of Rajya Sabha nomination from Telangana
Sources: Mint, The New Indian Express, Bar and Bench