Odisha CM Naveen Patnaik’s wealth grows by more than Rs 42 lakh in a year

The net worth of Odisha Chief Minister Naveen Patnaik has swelled by a whopping Rs 42, 86,069 in 2022 in comparison to the last year.

Currently, Patnaik owns a total asset worth Rs 65,40,79,694.02. He had announced a total property of Rs 64.97 crore in December 2021.

As per the official portal www.cm.odisha.gov.in where the CM and other Ministers of the State have announced the worth of their total property, Patnaik’s assets in terms of deposit amounts in various banks and post offices and various bonds have increased by Rs 42, 86,069.

The website, which has been recently updated as per the latest information about assets and liabilities of public representatives, showed that the CM owned movable property worth Rs 12.52 crore, which included bank accounts in New Delhi, Bhubaneswar, Hinjlicut, and Bargarh, along with jewellery and a four-wheeler.

The gold jewellery was valued at Rs 3.49 lakh and the old Ambassador car of the 1980 model at Rs 6,434.

The CM has deposits of Rs 70.11 lakh in a bank at Janpath, New Delhi, and Rs 20.87 lakh in the State Bank of India in Bhubaneswar.

As per the CM’s property statement, he possesses immovable assets worth Rs 52.88 crore, all of which were inherited from his parents Biju Patnaik and Gyan Patnaik. 

Patnaik’s immovable assets include his two-thirds share in Naveen Nivas, near Bhubaneswar airport, worth Rs 9,52,46,190 approximately and 50% share in the property at 3, Dr APJ Abdul Kalam Road, New Delhi worth Rs 43,36,18,000 approximately as per Circle rate.