JD(U) leader Nitish Kumar was sworn in as Chief Minister for the tenth time on Thursday, 20 November. The swearing-in ceremony took place at Gandhi Maidan in Patna at 11:30 am.
This ceremony came soon after the NDA’s strong victory in the recent Bihar assembly elections, once again reaffirming Nitish Kumar’s position as one of the most experienced and influential leaders in the state.
As he returns to office once again, his leadership and ability to manage coalition politics continue to draw attention.
According to the latest asset declaration he submitted on 31 December 2024, Nitish Kumar’s net worth is around Rs 1.64 crore, making his financial profile modest compared to many other ministers in the state. His cash-in-hand is Rs 21,052, and he has bank deposits totalling about Rs 60,811.
His movable assets are valued at nearly Rs 16.97 lakh. These include a Ford EcoSport car worth Rs 11.32 lakh, two gold rings and one silver ring worth Rs 1.28 lakh, 13 cows and 10 calves valued at Rs 1.45 lakh, and household items like a treadmill, an exercise cycle, and a microwave oven.
Kumar owns just one immovable property: an apartment in a cooperative housing society in Dwarka, New Delhi. He bought the property in 2004 for Rs 13.78 lakh, and it is now valued at around Rs 1.48 crore. Notably, he does not own any house or land in Patna. His relatively simple asset profile stands out at a time when many ministers in Bihar have declared much higher levels of wealth.
The Bihar government requires all ministers to disclose their assets every year.
Shivam Verma is a journalist with over three years of experience in digital newsrooms. He currently works at NewsX, having previously worked for Firstpost and DNA India. A postgraduate diploma holder in Integrated Journalism from the Asian College of Journalism, Chennai, Shivam focuses on international affairs, diplomacy, defence, and politics. Beyond the newsroom, he is passionate about football—both playing and watching—and enjoys travelling to explore new places and cuisines.
