Battle of crorepatis: Meet Noida's richest candidates in the electoral race
Gautam Budh Nagar (Noida) boasting assets valued in crores.
BJP's Mahesh Sharma
Leading the pack is Mahesh Sharma, representing the Bharatiya Janata Party (BJP), whose financial portfolio has witnessed a remarkable surge over the past half-decade. From Rs 47 crore in 2019, Sharma's assets have skyrocketed to an impressive Rs 83 crore this year. A significant portion of his wealth is attributed to his ownership stake in the Kailash Group of hospitals, a prominent healthcare conglomerate in the region. Furthermore, his spouse, Uma Sharma, a distinguished gynaecologist, holds key positions within these medical establishments, contributing to their combined financial prowess.
According to Sharma's financial declaration, his annual income has shown a consistent rise over recent years, escalating from Rs 1.4 crore in 2018-19 to Rs 5.5 crore in 2022-23.
In terms of movable assets, Sharma possesses Rs 20.8 crore, while his wife holds Rs 13.1 crore. They also maintain substantial balances in their bank accounts, each exceeding Rs 1 crore.
Sharma has invested Rs 8.4 crore in shares of various hospitals that he has established, with his wife also having shares valued at Rs 1.2 crore. Additionally, both have allocated approximately Rs 80 lakh towards insurance policies.
Sharma has extended unsecured loans amounting to Rs 10 crore to individuals and firms, whereas his wife has lent Rs 9.1 crore. Their vehicle assets include a Fortuner valued at Rs 40 lakh owned by Sharma and an Innova Crysta and a Gypsy valued at Rs 30.7
