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Ajit Pawar Net Worth 2026: A tragic end came today to an era in Maharashtra politics. State Deputy Chief Minister Ajit Pawar passed away on Wednesday, January 28, 2026, in a plane crash in Baramati. He was on his way to address public meetings in Baramati, but his aircraft crashed during landing.
Ajit Pawar was not only known for his strict governance and administrative acumen, but he was also one of the wealthiest politicians in Maharashtra. Let's learn about his net worth, investments, and legacy.
Plane Crash: A Wave of Grief in Baramati
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Ajit Pawar had departed from Mumbai to Baramati in a VT-SSK Learjet 45 aircraft. According to the DGCA report, the aircraft crashed due to a technical malfunction during landing near runway 11 at Baramati airport in the morning. All 5 people on board, including Ajit Pawar, died in this tragic accident.
Ajit Pawar Net Worth
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According to the affidavit submitted to the Election Commission during the 2024 assembly elections, Ajit Pawar and his family's total assets are in crores:
- Total Net Worth: Approximately ₹124.55 crore.
- Ajit Pawar's Personal Assets: Approximately ₹45.38 crore.
- Sunetra Pawar's Assets: His wife, Sunetra Pawar, owns assets worth approximately ₹72.97 crore.
Ajit Pawar's asset portfolio was quite diverse, encompassing everything from agricultural land to modern investment instruments. A detailed breakdown of his total net worth is as follows:
- Family Asset Structure: Ajit Pawar's total assets include approximately ₹45.38 crore in his personal name, while a significant portion, ₹72.97 crore, is registered in the name of his wife and Rajya Sabha MP, Sunetra Pawar. Additionally, his Hindu Undivided Family (HUF) also holds assets worth ₹6.20 crore.
- Asset Growth: Interestingly, his immovable assets saw an increase of approximately ₹10 crore over the past five years (2019 to 2024). This growth was primarily attributed to his real estate investments and the appreciation of land values around Baramati and Pune.
- Financial Liabilities: Alongside his substantial assets, he also had liabilities amounting to approximately ₹21.39 crore. These liabilities were in the form of loans from various banks and financial institutions.
- Sources of Income: Ajit Pawar declared agriculture and business as his primary sources of income. He was also deeply involved in sugar cooperatives and the banking sector, which played a significant role in strengthening his financial position.
- Controversies and Benami Properties: At one point, in 2021, the Income Tax Department attached benami properties worth ₹1,000 crore linked to him. However, in 2024, an appellate tribunal dismissed all these allegations due to lack of evidence and ordered the release of his properties, thus restoring his untarnished financial image.
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Ajit Pawar’s Asset Breakdown: Movable vs Immovable Property
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Ajit Pawar's portfolio was quite diverse, including everything from agricultural land to luxury cars.
- Immovable Assets: Ajit Pawar owned land and residential buildings worth approximately Rs. 37.15 crore in Baramati, Pune, and Mumbai. Meanwhile, his wife owns immovable property worth ₹58.39 crore.
- Vehicles and Machinery: According to the affidavit, he owned a Toyota Camry, a Honda CRV, a tractor, and three trailers.
- Bank Balance and Investments: The Pawar family had approximately ₹6.81 crore in their bank accounts. In addition, they had invested over ₹55 lakh in shares and bonds.
- Insurance and Cash: He had LIC policies worth over ₹1 crore and approximately ₹14.12 lakh in cash.
Gold, Silver, and Jewelry
The Pawar family also possesses a large collection of precious metals. Ajit Pawar owned a significant amount of silver items, while Sunetra Pawar owns gold and diamond jewelry worth over ₹1.19 crore.
Record 5-Time Deputy Chief Minister
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Ajit Pawar holds a unique record in Maharashtra politics. He was the leader who took the oath of office as Deputy Chief Minister a record 5 times in the state's history. He had been continuously elected as an MLA from the Baramati assembly constituency since 1991.
A Powerful Political Journey
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Born on July 22, 1959, Ajit Pawar began his political career under the guidance of his uncle Sharad Pawar. His journey, which started with a sugar cooperative in 1982, took him to the 'power center' of Maharashtra. Holding important ministries like Finance and Water Resources, he left an indelible mark on the state's budget formulation.
Ajit Pawar's passing is a loss not only for his family but also for Maharashtra politics, a void that will be difficult to fill.
Also Read: Ajit Pawar Political Career: The Historic Journey of Maharashtra 6-Time Deputy CM
