Jan Suraaj Party founder Prashant Kishor, who recently won the bypolls to become the MLA for Bihar’s Bankipur constituency, declared a total net worth of approximately ₹198 crore in his election affidavit. Marking his successful transition from political strategist to elected official, Kishor’s disclosures provide a comprehensive look into his family’s financial structure and asset allocation.
According to the official filings, Kishor declared movable family assets amounting to nearly ₹122 crore (₹121,81,43,506) alongside immovable assets valued at ₹86 crore (₹86,29,00,000). The family’s wealth spans multiple asset classes, including public equities, mutual funds, bonds, fixed deposits, real estate holdings, precious metals, and tangible industrial assets like a dismantled rice mill.
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Equity and Fund Allocations
The affidavit outlines specific equity investments held by Kishor and his spouse:
- Bharti Airtel: Prashant Kishor holds 1,985 shares valued at roughly ₹38,11,994.
- Indian Overseas Bank: He owns 73,243 shares worth approximately ₹25,32,743.
- Private Holdings: Kishor’s spouse holds equity valued at ₹95.26 crore in Vedhas Ventures Private Limited.
- Mutual Funds: His spouse maintains an investment portfolio worth ₹1,24,72,270 in mutual funds.
Cash, Real Estate, and Commodities
In terms of liquid cash, Kishor reported holding ₹65,570 in hand, while his spouse possesses ₹1,95,200. Their real estate portfolio forms a massive portion of their overall net worth, featuring non-agricultural land valued at ₹9.75 crore and residential properties totaling ₹76.54 crore. Additionally, his spouse holds physical commodities comprising 475 grams of gold and 200 grams of silver.
Political Background
Prashant Kishor’s foray into national political strategy began during the 2012 Gujarat assembly election campaign for Narendra Modi, followed by his prominent role in the 2014 general elections. Over the subsequent decade, he advised several major political entities, including the JD(U), RJD, and Congress alliance during the 2015 Bihar elections, the YSR Congress in 2019, AAP in 2020, as well as the TMC and DMK in 2021.
After a brief stint inside active politics with the JD(U) from 2018 until his exit in 2020, Kishor formally launched the Jan Suraaj Party (JSP) in 2024, culminating in his recent election to the Bihar state assembly.
