Ajit Pawar's Net Worth: Unveiling the Financial Legacy of a Political Titan
Ajit Pawar, who tragically passed away in an aviation accident near Baramati on Wednesday morning, was widely regarded as one of Maharashtra's most financially savvy political leaders. His untimely death at the age of 66 left a significant void in the state's political landscape, but his financial legacy continues to be a subject of interest.
According to the election affidavit submitted during the 2024 Maharashtra Assembly elections, Pawar declared total assets worth Rs 45.37 crore. This substantial wealth was a testament to his financial acumen and strategic investments. Of this amount, movable assets accounted for over Rs 8.22 crore, while immovable assets were valued at Rs 37.15 crore. These included agricultural land, residential properties, and other real estate holdings spread across different parts of Maharashtra.
Between 2019 and 2024, his immovable assets grew by around Rs 10 crore, reinforcing his reputation as one of the richest leaders in the state’s political landscape. Pawar’s movable assets reveal a diversified investment approach. Apart from cash and bank deposits, he invested in fixed deposits, shares, bonds, silver items, and tractors. One of the striking aspects of his financial portfolio was his strong preference for government-backed savings instruments. According to data compiled by Myneta.com from his election affidavit, Ajit Pawar had invested more than Rs 10 crore in post office savings schemes, a relatively uncommon choice at such scale among politicians.
In terms of personal luxury assets, Pawar had declared ownership of two cars — a Toyota Camry and a Honda CR-V. While modest compared to the scale of his overall wealth, these vehicles were part of the movable assets detailed in his filings. Ajit Pawar is the son of Sharad Pawar’s elder brother Anantrao Pawar, who passed away when the former was 18 years old. Ajit entered politics in the early 1990s and quickly established himself as a mass leader with deep roots in western Maharashtra’s cooperative and sugar belt.
He served as an MLA for multiple terms from Baramati and went on to become Deputy Chief Minister of Maharashtra several times, holding key portfolios such as finance and irrigation. Over the years, Pawar earned a reputation as a decisive administrator, particularly in handling finances and large infrastructure projects. Despite internal party challenges and shifting political equations, Pawar emerged as one of the most resilient figures in state politics. His ability to survive government collapses, alliance reshuffles, and party splits earned him the label of the “ultimate survivor” in Maharashtra’s volatile political landscape.
Ajit Pawar is survived by his wife Sunetra Pawar, a Rajya Sabha member, and his two sons, Parth and Jay. His legacy as a financial wizard and a political stalwart will continue to influence the political and economic landscape of Maharashtra for years to come.