Amit Shah Net Worth

Amit Shah is the Union Minister of Home Affairs in India and the President of the Bharatiya Janata Party (BJP). He is one of the most powerful politicians in India and is known for his close ties to Prime Minister Narendra Modi.

AttributeValue
NameAmit Shah
OccupationPolitician
Net WorthRs. 40.32 crore (approximately US$5.4 million)
Political PartyBharatiya Janata Party (BJP)
Current PositionUnion Minister of Home Affairs and Minister of Cooperation, Government of India
Date of Birth22 October 1964
Place of BirthMumbai, Maharashtra, India
NationalityIndian
ReligionHinduism
SpouseSonal Shah
Children1 son
EducationMaster of Science in Chemistry from the University of Gujarat

Early Life and Career

Amit Shah was born on October 22, 1964, in Ahmedabad, Gujarat, India. He comes from a Gujarati Modh Baniya family. Shah received a Bachelor of Arts degree in Cooperation from the Gujarat University in 1987.

Shah began his political career as a member of the Rashtriya Swayamsevak Sangh (RSS), a Hindu nationalist organization. He joined the BJP in 1987 and quickly rose through the ranks of the party.

In 1995, Shah was elected to the Gujarat Legislative Assembly. He served as the Home Minister of Gujarat from 2002 to 2004, during which time the state experienced a communal riot that killed over 1,000 people, mostly Muslims. Shah was accused of complicity in the riots, but he was never convicted of any wrongdoing.

In 2004, Shah was elected to the Rajya Sabha, the upper house of the Indian Parliament. He served as the President of the BJP in Gujarat from 2009 to 2014.

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Net Worth

According to the Prime Minister’s Office (PMO), Amit Shah’s net worth as of June 30, 2023, is Rs 40.32 crore (approximately $5 million). This includes movable assets worth Rs 37.61 crore (approximately $4.7 million) and immovable assets worth Rs 2.71 crore (approximately $334,000).

Shah’s movable assets include shares in various companies, bank deposits, and cash in hand. His immovable assets include 10 properties, all of which are located in Gujarat.

Shah’s net worth has increased significantly in recent years. In 2019, his net worth was Rs 28.63 crore (approximately $3.6 million). This increase in net worth can be attributed to the appreciation in the value of his assets, as well as his income as a Union Minister.

Amit Shah’s Income

Amit Shah’s income comes from a variety of sources, including his salary as a Union Minister, his income from investments, and his income from properties.

As a Union Minister, Shah’s salary is Rs 5 lakh (approximately $6,300) per month. He also receives various allowances, such as housing allowance, travel allowance, and constituency allowance.

Shah’s income from investments includes dividends from shares, interest from bank deposits, and rental income from properties.

Shah also owns several properties, which he rents out. The rental income from these properties is a significant source of income for him.

Conclusion

Amit Shah is a wealthy politician with a net worth of Rs 40.32 crore (approximately $5 million). His income comes from a variety of sources, including his salary as a Union Minister, his income from investments, and his income from properties.

Shah’s net worth has increased significantly in recent years. This increase in net worth can be attributed to the appreciation in the value of his assets, as well as his income as a Union Minister.

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