Baba Siddique's Fortune: From Mercedes to Millions in Jewellery – How Wealthy Was the Late NCP Leader?

Mumbai – Baba Siddique, a prominent political figure and former member of the Maharashtra Legislative Assembly, was shot dead in Bandra East on Saturday evening at the age of 66. Known for his long-standing career in politics, Siddique was a familiar face in Maharashtra's political landscape and was associated with both Congress and the Nationalist Congress Party (NCP). His tragic death has left a deep void in the state's political circles.

Political Journey and Public Persona

Baba Siddique held several key positions during his political career. He served as a Councillor in the Mumbai Municipal Corporation, President of the Bandra Taluka of the Bombay Youth Congress, and Chairperson of the Mumbai Regional Congress Committee. Siddique also served three consecutive terms as an MLA in 1999, 2004, and 2009. In February 2024, he joined the Ajit Pawar-led faction of the NCP, continuing to play a significant role in Maharashtra’s political arena.

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Siddique was not just known for his political acumen but also for his connection to Bollywood celebrities. His lavish Iftar parties were a highlight of Mumbai's social scene, often attended by top Bollywood stars and other influential figures. His son, Zeeshan Siddique, is currently an MLA from Bandra East.

Baba Siddique’s Net Worth

Baba Siddique's wealth was as impressive as his political career. According to sources, his net worth was estimated at approximately Rs 30 crores as of 2022. In an affidavit submitted to the Election Commission, he declared assets worth Rs 76 crore and liabilities amounting to Rs 23 crore. His wealth included luxury items such as expensive cars and a significant collection of jewellery.

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Siddique's luxury car collection reportedly included a Mercedes-Benz, and he was also known to own a range of valuable gold and diamond assets. His real estate portfolio was vast, featuring commercial units, agricultural plots, and residential properties.

Seized Properties in ED Investigation

In 2018, Siddique's name surfaced in connection with an Enforcement Directorate (ED) investigation. The ED seized 33 flats worth Rs 462 crore belonging to Baba Siddique and Pyramid Developers in connection with alleged money laundering and irregularities in a slum rehabilitation scheme in the Bandra area of Mumbai. This marked a controversial chapter in his life, though his political career continued to thrive.

Also read : Shockwaves in Bandra: NCP Leader Baba Siddiqui Fatally Shot Outside Son's Office – Investigation Underway!

A Lasting Legacy

Baba Siddique’s sudden death has shocked many, and his influence on Maharashtra’s political and social fabric will be remembered for years to come. With his wealth, high-profile connections, and significant political contributions, Siddique left behind a complex legacy intertwined with power, influence, and controversy.

Also read : Who Was Baba Siddiqui? From Politics to Bollywood, His Influence Was Unmatched