2022 Uttar Pradesh Assembly elections | Here’s how candidates with over ₹100 crores in assets performed

Seven candidates that contested in the 2022 UP elections declared assets more than ₹100 crores.

The Bharatiya Janata Party (BJP) recorded a resounding victory in Uttar Pradesh, winning 255 of the 403 seats in the state. In doing so, Yogi Adityanath became the first-ever BJP Chief Minister of the state to complete the full five-year term. This will also be the first time since 1985 when a Chief Minister will return to power in the state.

The U.P. elections witnessed a large number of wealthy candidates in the fray. According to a report by the Association for Democratic Reforms, 13% of the candidates declared assets worth ₹5 crores or more. Out of 4,406 candidates, 1,733(39%) are valued at over ₹1 crore. This number was at 1,457 out of 4,823 in the 2017 Uttar Pradesh Assembly Elections.

Here’s a look at how the candidates who declared over ₹100 crores in assets performed in the elections.

Congress candidate Nawab Kazim Ali Khan was the richest candidate to contest in the U.P. elections. Mr. Khan declared assets over ₹296 crores in his nomination affidavit, which included non-agricultural land worth over ₹224 crores among other things. He is also a member of the erstwhile royal family of Rampur.

Mr. Khan contested from Rampur constituency and lost to Samajwadi Party (SP) candidate and founding member Azam Khan.

Shah Alam, the All India Majlis-e-Ittehadul Muslimeen (AIMIM) candidate from Mubarakpur, is another member of the ₹100-crore club for candidates of the UP election. Mr. Alam declared bonds, debentures, and shares in companies valuing over a total of ₹185 crores owned by him and his wife. His total assets were over ₹195 crores.

Mr. Alam lost by a huge margin in his constituency, securing only 16% of the votes. SP’s Akhilesh emerged victorious in Mubarakpur.