Mamata Banerjee Net Worth: A Look at the Wealth of West Bengal’s Chief Minister!



Mamata’s Early Life and Politics Mamata Banerjee is a well-known leader in India. She’s the Chief Minister of West Bengal and the founder of the regional party called the All India Trinamool Congress (TMC).

Mamata was born in Kolkata, West Bengal, on January 5, 1955. She started her journey in politics when she was a student in the early 1970s. Later on, she joined the Indian National Congress. In 1997, she established the TMC, which became a powerful political force in West Bengal.

Her political career has been quite eventful. She has been a member of the Indian Parliament since 1984 and has held various government positions, such as Minister of Railways, Minister of Coal, and Minister of Human Resource Development. In 2011, she became the Chief Minister of West Bengal and has remained in that role ever since.


Mamata Banerjee’s Net Worth

Mamata Banerjee’s Wealth Sources and Net Worth Mamata Banerjee’s estimated net worth is around $5 million. Her wealth comes from several sources:

  1. Properties: Banerjee owns various properties in Kolkata and other parts of West Bengal. In her 2016 declaration, she mentioned owning a house in Kolkata valued at Rs. 30 lakhs, a flat in Kolkata valued at Rs. 1.25 crore, and a piece of land in South 24 Parganas valued at Rs. 2.75 lakhs. She also possesses agricultural land in the Bankura district, valued at approximately Rs. 1.1 crore.
  2. Investments: Banerjee has made significant investments in different companies and financial instruments. She holds stock in companies like Reliance Industries, Tata Steel, and ITC Limited, among others. She’s also invested in mutual funds and fixed deposits.
  3. Author’s Earnings: Besides politics, Banerjee is an author who has written several books in Bengali. She earns royalties from the sales of her books.
  4. Salary and Allowances: As the Chief Minister of West Bengal, Banerjee receives a monthly salary of around Rs. 1.1 lakh. She also gets various allowances, including those for travel, medical, and residence.


Mamata Banerjee’s Assets in 2021 According to Affidavit

Controversies Mamata Banerjee’s wealth has faced scrutiny and controversy in the past. In 2012, a Public Interest Litigation (PIL) was filed in the Calcutta High Court, claiming that her wealth didn’t match her known income sources. The PIL also alleged that she didn’t disclose all her assets and income in her election affidavits. However, the court dismissed the petition due to a lack of evidence.

In her 2016 election affidavit, Banerjee declared assets worth Rs. 30 lakhs. But a few months later, she declared assets worth over Rs. 3 crores, including agricultural land and a flat in Kolkata. This sudden increase in her declared assets raised questions about the source of her wealth.

Mamata Banerjee’s journey in politics has been remarkable, and her wealth has been a topic of discussion. With her net worth estimated at $5 million, she continues to be a prominent figure in Indian politics.