DK Shivakumar Net Worth: Karnataka CM Is Richest Chief Minister of India

As DK Shivakumar gets ready to take charge as Karnataka Chief Minister, attention is on money. His latest asset declaration shows total assets of about ₹1,413 crore. The figures place Shivakumar among the wealthiest active politicians in India, combining business interests, extensive real estate and financial holdings with a long political career.

The disclosure also lists heavy liabilities of more than ₹453 crore. Even with these dues, Shivakumar’s net worth still ranks among the highest for any sitting chief minister in the country. The numbers highlight how personal wealth, investments and borrowings intersect with high office in state politics.

Real estate dominates DK Shivakumar wealth profile

Property forms the largest slice of Shivakumar’s assets, with real estate valued at over ₹1,137 crore. Commercial buildings alone are worth more than ₹942 crore, making them the main pillar of his portfolio. He owns non-agricultural land worth upwards of ₹70 crore and residential properties exceeding ₹84 crore in value across locations.

Shivakumar’s landholdings extend to agriculture as well. Agricultural plots are valued at more than ₹30 crore. Other real estate-linked assets, grouped under separate property heads, add upwards of ₹11 crore. Together, these categories underline how strongly his wealth is tied to land and constructed assets rather than movable property.

Financial holdings and jewellery in DK Shivakumar wealth mix

Beyond land and buildings, Shivakumar reports financial assets spread across banks and investments. Bank balances stand at around ₹14.5 crore, while investments cross ₹1.81 crore. Cash in hand is reported at about ₹4.86 lakh, indicating that most liquid funds are parked in formal accounts and instruments.

His bank deposits are distributed between several institutions. Records list deposits of about ₹1.35 crore with Apex Bank and around ₹1.33 crore with Bank of Baroda. HDFC Bank accounts together hold nearly ₹65 lakh. Fixed deposits are a major element, with a declared value of more than ₹11.17 crore in various schemes.

Loans, liabilities and lifestyle assets in DK Shivakumar wealth filing

Jewellery and valuables add another layer to Shivakumar’s declared wealth. The affidavit notes gold worth more than ₹18 lakh and silver above ₹12 lakh. Diamond jewellery is valued at over ₹1 crore, while other jewellery and valuables together add another amount exceeding ₹1 crore to the list.

Movable assets declared by Shivakumar also include a Toyota Qualis, valued at more than ₹8 lakh. On the liability side, loans and advances linked to Divinity Spaces LLP are reported at ₹58 crore. A further ₹60 lakh appears as an advance connected to Amethyst Hospitality Pvt. Ltd. under the same declaration.

Personal and family-linked dues feature in the liability sheet. The statement lists ₹38 crore owed to Miss Aishwarya DKS, ₹18 crore to Smt. Gowramma, and ₹17 crore to Smt. Usha Shivakumar. Together with other borrowings, these push total liabilities beyond ₹453 crore, shaping the final picture of DK Shivakumar wealth as he steps into Karnataka’s top post.