Narendra Modi Net Worth 2018 – Car, Salary, Business, Awards, Biography

Narendra Modi Net Worth

Narendra Modi Net Worth is Approx Rs 1.51 Crore: Every man’s dream comes true if you are focused on your work. The man who started from selling tea and now the most important and powerful man of the country and across the globe, the honourable Prime Minister of India, Mr. Narendra Modi. He has dedicated his entire life to serve the nation and is also responsible for the country’s current growth in each sector. Also read Net Worth details of RajnikanthAamir KhanSalman KhanDeepika PadukoneAishwarya Rai Bachchan and Karan Johar.

Here, we will discuss about Mr. Prime Minister’s early life, political career, earnings and most importantly his wealth and net worth. Mr. Narendra Modi is the 14th and current Prime Minister of India but at the very age of 17, things were very different for Mr. Narendra Modi, he made an extraordinary decision, which changed the course of his life, he decided to leave home and travel across India. From that day until today, Mr. Prime Minister has travelled the world and is now the most powerful man across the globe. His rise as an individual is very inspiring, from working on a Tea Stall to the Prime Ministerial post of the country, but as an individual, his wealth and earnings never increased and he has always lived a simple life. To reach such a zenith and still be connected to the roots requires a true dedication and hard work.

Narendra Modi Net Worth

Narendra Modi Net Worth

The total estimated Net worth of Mr. Narendra Modi that he declared during Parliamentary Election in the year 2014, was INR 1.51 Crore. And after becoming the Prime Minister, Mr. Narendra Modi’s net income per year is INR 19.20 Lakhs i.e. 1,60,000 INR per month plus a 60,000 allowance and other fixed allowances for prime Minister of India. Also, as the one of the highest paid world leaders, Mr. Modi ranks 12th across the globe. 

Mr. Prime Minister’s assets:

  • The total value of Mr. Narendra Modi’s movable and immovable assets during the period 2014-15 is Rs 1,41,14,893 as on 31 March, 2015.
  • Narendra Modi does not own any ‘motor vehicles/ aircraft/ yachts/ ships’.
  • He still retains his Bank accounts in the state of Gujarat and has no bank account in the capital city Delhi. Mr. Modi’s bank deposits include
    94,093 with SBI and Rs 30,347 with Rajkot Nagrik Sahkari Coop Bank Ltd. Besides, he also has fixed deposits totalling Rs 30,72,017 with SBI as per past records.
  • Modi’s jewellery holdings include “four pieces of gold rings” weighing approximately 45 grams with a value of about Rs 1.19 lakh INR as on 31 March, 2015.
  • Modi’s investments include L & T Infra Bonds (Tax Savings) worth Rs. 20,000, as also National Savings Certificates worth about Rs. 5.45 lakh and life insurance policies worth Rs 1.99 lakhs, taking the total value of his movable assets to Rs 41.15 lakh.
  • The immovable assets include one – fourth part in a residential property in Gandhinagar and his share is 3,531.45 square feet with a built-up area of 169.81 square feet.
  • He has no agricultural land, nor any commercial real estate property.

Dependency of Prime Minister’s Net Worth:

Dependency of every person can be calculated but for one of the most powerful persons across the globe and Prime Minister of our country, dependency depends on his honesty and hard work. Mr. Narendra Modi is a government official and his salary and allowances are fixed and also he has no other commercial breakthrough. Considering his current performance and record breaking achievements, we can be very positive about his net worth which will be growing through the years. But for this man, it seems that he will live a simple and humble life.

About Mr. Narendra Modi:

Every citizen of India knows his Prime Minister, but there are still some unknown and interesting facts about Mr. Prime Minister which are listed below:

Mr. Modi was born on 17th September,1950 in the State of Gujarat, India. His real name is Narendra Damodardas Modi.

Mr. Narendra Modi always puts his signature in Hindi, whether it is an official document or in any casual occasion.

Mr. Narendra Modi is the first Prime Minister born after India’s independence from British Empire and was sworn in as the 14th Prime Minister of India on 26th May, 2014.

Initially, Modi didn’t want to join politics. He wanted to settle down as a monk in Ramakrishna Mission.

In the year 2005, the US government rejected his visa and under US Immigration and Nationality Act, the visa which he already possessed was invalidated.

Mr. Modi is fond of writing poems and also loves doing photography. He writes in Gujarati and has also written some books.

Mr. Narendra Modi is a teetotaller. He doesn’t drink, doesn’t smoke. He is a complete vegetarian.

During the 1965 Indo – Pak war, he volunteered to serve the soldiers going in the war at the railway stations. He also served the flood affected people of Gujarat in 1967.

Everyone has got some little secrets or truths about their life but when it is about our favorite person, we develop a keen interest in going through the pages of our favorite person’s life book. We hope we have given you the brief yet attention grasping reading stuff from Mr. Narendra Modi’s life.

At the end, we wish our loved Prime Minister a successful year ahead with lots of achievements and a good health and lots of love.

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