Vinesh Phogat's Net Worth: From Wrestling Champion to MLA with Luxury Assets - Read Now
Vinesh Phogat, the former Indian wrestler, has made headlines not just for her achievements in sports but now also for her recent success in politics. She won the assembly election from Julana in Haryana and is now a Member of the Legislative Assembly (MLA). Along with her political career, Vinesh's net worth is impressive, showcasing her financial stability and luxury lifestyle.
Vinesh Phogat’s Political Success
On October 10, the results of the Haryana assembly elections were announced, and Vinesh Phogat secured her victory while contesting on a Congress ticket. She won against her closest rival, BJP's Captain Yogesh Bairagi, by over 6,000 votes. This was her first election, and despite challenges faced by her party in the state, she managed to emerge victorious.
Impressive Net Worth
As a newly elected MLA, Vinesh Phogat's net worth is reported to be in crores. In her election affidavit, she disclosed her financial details, revealing an annual income of ₹13,85,152 for the fiscal year 2023-24. Her husband, Somveer Rathi, has an annual income of ₹3,44,220. Together, they hold significant assets.
According to her affidavit submitted to the Election Commission, Vinesh Phogat's family possesses ₹2,10,000 in cash and about ₹40 lakh deposited across accounts in Axis, SBI, and ICICI banks. Although Vinesh has not invested in the stock market, her husband has invested over ₹19 lakh in six different companies. Additionally, Vinesh has a life insurance policy worth ₹1.5 lakh, while her husband’s policy has a premium value of ₹14,59,000.
Luxury Car Collection
When it comes to luxury, Vinesh Phogat boasts an impressive car collection. She owns four luxury vehicles, while her husband has one. The total value of these luxury cars is approximately ₹1.23 crore. Her collection includes:
- Volvo XC 60: ₹35 lakh
- Hyundai Creta: ₹12.02 lakh
- Toyota Innova: ₹17.04 lakh
- TVS Jupiter bike: ₹40,220
- Mahindra Scorpio-N (owned by her husband): ₹19.57 lakh
Properties and Loans
In terms of property, Vinesh Phogat has movable assets worth ₹1.10 crore and immovable assets valued at ₹1.85 crore. Her husband holds total assets of ₹57.35 lakh. Notably, Vinesh purchased property worth ₹1.85 crore in December 2019, now valued at approximately ₹2 crore.
Vinesh and her husband also have outstanding loans; she has a car loan of ₹13.61 lakh, while her husband owes ₹19.32 lakh. Additionally, they possess gold and silver: Vinesh has 35 grams of gold and 50 grams of silver, while her husband has 28 grams of gold and 100 grams of silver.
Vinesh Phogat’s transition from a celebrated wrestler to a successful politician reflects her dedication and hard work. With substantial assets and a promising political career ahead, she is a remarkable figure in both sports and politics. As she embarks on this new journey, her financial success and lifestyle choices highlight her achievements beyond the wrestling arena.
