- V.D. Satishan is the new Chief Minister of Kerala State
- Millionaires belong to the ranks of politicians
- Total wealth more than 6 crore rupees
Kerala CM Net Worth: The suspense over who will be nominated as Chief Minister by the Congress party in Kerala finally came to an end on Thursday. Congress General Secretary K.C. Venugopal withdrew from the race and V.D. Satishan’s name was officially sealed; He will take charge as the new Chief Minister of the state. A look at the net worth of Satishan, who won the assembly elections from Ernakulam constituency, shows that he also falls in the ranks of millionaire politicians. According to the affidavit submitted to the Election Commission, V.D. Satishan’s net worth is over Rs 6 crore, while he has debts of around Rs 41.45 lakh. But exactly how much wealth is “text-align: justify;”> Inflation Bomb : Gold… milk, and now petrol – diesel, CNG inflation attack in just 48 hours, what should common people do?
6 crore worth of assets; 73 lakhs in bank deposits
The future Chief Minister of Kerala is also a lawyer by profession. A law graduate from the State Law University, V.D. Satishan had disclosed details of his assets in an affidavit submitted to the Election Commission during the 2026 Kerala elections. In this document, he has mentioned his net worth as Rs 6.65 crore. The details reveal that apart from having Rs 73,000 in cash jointly with the wife, they have deposits totaling Rs 73.62 lakh in their various bank accounts.
Investing in shares, yet not owning a car
Despite owning assets worth crores, V.D., who is all set to become the new Chief Minister of Kerala. Satishan does not have his own private car. Moreover, they have not made any investment in ‘National Savings Certificate’ or Post Office Schemes; Also they don’t have any insurance policy of ‘LIC’. On the other hand, he has invested Rs 25,000 in shares and bonds.
Husband and wife have gold worth Rs 1 crore
Considering the other assets owned by the new Chief Minister of Kerala, Satishan and his wife, the combined value of these assets is over Rs 1 crore. According to his election affidavit available on the website *Myneta.com*, he has declared that he owns 35 grams of gold. Additionally, it has been revealed that his wife has 1,128 grams of gold. As a result, V.D. It has been mentioned that Satishan’s total movable assets are approximately Rs 2.37 crore.
4 crore immovable property of Rs
V.D. Examining the immovable assets component of Satishan’s net worth, the land and residential properties owned by him and his wife are worth crores of rupees. According to the election affidavit, there is no agricultural land registered in his own name; But the agricultural land worth Rs 1 lakh is registered in his wife’s name.
Moreover, non-agricultural land worth Rs 3 crore is registered in the name of Satishan and his wife. Talking about residential property, a house worth Rs 25 lakh is registered in the name of this new Chief Minister of Kerala.
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