Lifestyle

Amit Shah Net Worth: How Rich is the Businessman-Turned-Politician?

Amit Anil Chandra Shah is an Indian politician who is currently serving as the 31st Minister of Home Affairs and the 1st Minister of Co-operation of India. From 2014-20, he served as the 10th President of the Bharatiya Janata Party. Besides his political career, Amit Shah often makes headlines for the wealth he has inherited. In this article, we have broken down Amit Shah’s net worth and the several factors that contribute to it.

Amit Shah Net Worth

As of 2023, Amit Shah has an estimated net worth of $5.5 million, which in INR is 43 Crores approximately, according to MyNeta. Besides his current net worth, he has liabilities of INR 47 Lakhs.

NameAmit Shah
Net Worth (2023)$5.5 Million
Net Worth In Indian RupeesINR 43 Crores
ProfessionIndian politician
Monthly Income 5 Lakhs +
Yearly IncomeINR 58 Lakhs
Last Updated2024

Net Worth Growth

YearWorth
In 2023$5.5 Million
In 2022$5.6 Million
In 2021$5.4 Million
In 2020$3.8 Million
In 2019$3.5 Million
In 2018$3.1 Million

Factors Contributing to Net Worth

Salary

Currently serving as the 31st Minister of Home Affairs and the 1st Minister of Cooperation of India, Amit Shah has a claimed salary of INR 53.9 Lakhs, in the Financial year 2017-18.

Properties and Real Estate

Besides salary, properties majorly contribute to the net worth of Amit Shah. Among many of his owned properties, there are four residential buildings of Amit Shah with a worth of INR 4 Crores. Subsequently, he owns some commercial properties worth INR 5 Crores. In addition to that, he also owns some agricultural land worth INR 2 Crores. Along with it, he owns some non-agricultural land worth INR 6 Crores.

Also read – Rahul Gandhi Net Worth: The Convicted Prince of Indian Politics

Car Collection

A media source suggests that Amit Shah has a vast collection of cars. Meanwhile, it includes,

  • Tata Safari: INR 13.3 Lakhs
  • Mahindra Scorpio: INR 17.97 Lakhs
  • Hyundai Creta: INR 11.79 Lakhs
  • Toyota Fortuner: INR 38.65 Lakhs
  • Toyota Innova Crysta: INR 24.67 Lakhs
  • BMW 7 Series: INR 1.35 Crores
BJP chief Amit Shah. (File Photo: IANS)

Career Timeline

  • 1980: When 16, he became a part of the Rashtriya Swayamsevak Sangh. The same year, he became a part of the organisation’s student wing
  • 1982: Appointed the joint secretary of ABVP in Gujarat
  • 1987: Joined the Party’s Youth Wing, the Bharatiya Janata Yuva Morcha
  • 1989: Appointed the Secretary of BJP in Ahmedabad
  • 1995: Elevated to the Chairman of the Gujarat State Finance Corporation
  • 1997: Made the National Treasurer of the Bharatiya Janata Yuva Morcha and Elected to the Legislative Assembly
  • 2000: Given Charge of the Ahmedabad District Cooperative Bank as its Chairman
  • 2013: Named the National General Secretary of the BJP
  • 2016: Re-elected as the National President of BJP
  • 2017: Appointed as a Member of Parliament and was elected to Rajya Sabha from Gujarat
  • 2019: BJP came back to power with a thumping victory
  • Subsequently, he was elected from the lower house of the prestigious Gandhinagar constituency. In addition, he also became a union minister in the Modi cabinet and was put in charge of the Ministry of Home Affairs

Education

Amit Shah studied at a school in Mehsana and later, moved to Ahmedabad to study biochemistry at CU Shah Science College. Soon after completing his higher secondary education, he graduated with a BSc in biochemistry.

Family

Amit Shah was born on 22 October 1964 (age 59 years; as of 2023) in Bombay (present time-Mumbai), Maharashtra. Belonging to a Gujarati Hindu family of Baniya caste, his father, Anil Chandra Shah, was a businessman from Mansa and owned a successful PVC Pipe Business. Meanwhile, his mother, Kusumben Shah, was a homemaker. In addition to it, Amit has six sisters, out of which two of them reside in Chicago.

Wife & Children

In December 1987, Amit Shah married Sonal Shah in an arranged marriage. Meanwhile, the couple has a son, Jay Amitbhai Shah, who is a businessman and cricket administrator. In addition to it, Amit Shah’s daughter-in-law, Rishita Patel, was a college sweetheart of Jay Shah before entering into a marriage in 2015.

MotherKusumben Shah (deceased)
FatherAnil Chandra Shah
WifeSonal Shah
SonJay Amitbhai Shah
DaughterN/A
BrotherN/A

Also read – Swaroop Sampat’s Bio: The Fascinating Voyage from Miss India to Gujarat’s MasterJi

Do You Know These Lesser Known Facts About Amit Shah?

  • A Gujarati Baniya, Amit Shah received his initial education at his ancestral village of Mansa in Gujarat.
  • In the 1980s, when Shah was still in his teenage years, he was inspired by the ideology of Rashtriya Swayamsevak Sangh.
  • Following his formal education, he joined his family business of PVC pipe making.
  • In his political career, he was elected as Gujarat’s MLA in 1997, 1998, 2002, and 2007. While, during his tenure, he handled major portfolios including home, excise, and transport.
  • In 1982, Shah met Narendra Modi and since then, they have been working together which led to victory in several states as well as national elections. And while he travelled across the country to lead several political rallies it was more than Narendra Modi.
Ombir Sharma

Ombir is an Editor at Active Noon Media. He is an SEO and Writer who has experience of 3 years in these respective fields. He likes to spend his time doing research on various topics.

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