In a tragic turn of events, Maharashtra's Deputy Chief Minister Ajit Pawar passed away in a plane crash in Baramati, Maharashtra. A prominent figure in Maharashtra's political landscape, Pawar's career spanned decades, leaving behind a significant legacy. Beyond his political endeavors, Pawar also possessed substantial assets and investments, the details of which have come into focus following his untimely demise.
During the 2024 Vidhan Sabha elections, Ajit Pawar declared his total net worth to be around Rs 124 crore. According to his last election affidavit, his declared net worth was a little over Rs 103 crore. This includes movable assets exceeding Rs 8.22 crore and immovable assets valued at Rs 37.15 crore. After accounting for liabilities, his net worth stood at approximately Rs 103.16 crore.
Pawar's movable assets included cash, deposits in banks, financial institutions, and non-banking financial companies. Details from his affidavit reveal holdings in P.D.C.C. Bank Ltd, Canara Bank, and Baramati Sahakari Bank Ltd. Additionally, he possessed bonds, debentures, and shares in various companies.
His financial portfolio also included investments made by his spouse and the Hindu Undivided Family (HUF). According to available data, Ajit Pawar, his spouse, and his HUF have consistently declared their income in Income Tax Returns (ITR). In the financial year 2023-2024, Pawar's total income was declared as Rs 2,06,55,510, while his spouse declared Rs 5,47,72,470 and the HUF declared Rs 98,36,300.
Over the years, Ajit Pawar's declared assets have seen considerable growth. In the Maharashtra 2004 elections, his declared assets were approximately Rs 3 crore, which increased to approximately Rs 10 crore in 2009 and further to approximately Rs 75 crore in 2019. His assets were valued at around Rs 124 crore. While his assets amounted to Rs 1,24,55,30,888, his liabilities were around Rs 21,39,53,978.
Ajit Pawar's financial legacy reflects his long and influential career in Maharashtra politics. His diverse investment portfolio and substantial net worth underscore his position as a prominent figure in the state. His passing marks the end of an era, leaving behind a void in Maharashtra's political arena.
