Vijay Enters Tamil Nadu Assembly Polls with Rs 603 Crore Asset Declaration

Actor-turned-politician Vijay has officially entered the political arena by filing his nomination papers for the upcoming Tamil Nadu Assembly elections. In his election affidavit, he has declared total assets worth approximately Rs 603.20 crore, providing a detailed look into his financial holdings as he steps into electoral politics. This move marks a significant shift from his successful career in the film industry to the world of politics.

A significant portion of Vijay’s wealth lies in movable assets, valued at Rs 404.58 crore. This includes substantial bank deposits exceeding Rs 213 crore spread across multiple accounts, alongside fixed deposits in major banks such as Indian Overseas Bank, Axis Bank, HDFC Bank, and State Bank of India.

His immovable assets, pegged at around Rs 198.62 crore, consist of a mix of agricultural land, commercial establishments, and residential properties. These holdings are located in prime areas of Chennai, including Neelankarai, Mylapore, Egmore, and Thyagaraya Nagar, as well as land parcels in Kodaikanal. The strategic location of these properties underscores his investment acumen and the potential for future appreciation in value.

For the financial year 2024–25, Vijay reported an income of Rs 184.53 crore. His earnings are attributed to self-employment, interest income, and rental returns from an extensive property portfolio. This diversified income stream highlights his financial stability and the various avenues through which he generates income.

The affidavit also reveals Vijay’s penchant for luxury, with a fleet of high-end automobiles. His collection includes models such as a BMW 530, Toyota Lexus 350, Toyota Vellfire, and BMW i7, alongside more modest additions like a Maruti Swift and a TVS XL Super. This luxury on wheels further emphasizes his affluent lifestyle and taste.

In personal assets, Vijay declared cash in hand of Rs 2 lakh and jewellery holdings of 883 grams of gold and silver articles valued at around Rs 15 lakh. His investments extend to select company shares and loans and advances, including financial support extended to family members, showcasing a well-rounded financial portfolio.

Vijay’s spouse, Sangeetha, has declared assets worth Rs 15.76 crore, primarily comprising movable wealth. The actor-politician has reported zero liabilities, with no outstanding loans or dues to banks or financial institutions, presenting a clean financial slate.

Vijay’s entry into the Tamil Nadu Assembly elections with such a robust financial declaration is likely to draw significant attention and scrutiny. His financial transparency and the scale of his assets could potentially influence voter perceptions and the political landscape in the region. As the election campaign unfolds, Vijay’s dual identity as a celebrated actor and a political contender will be closely watched by both the media and the public.