Declares assets worth Rs. 1.824 billion

With assets of Rs 1.824 billion, Pakistan Prime Minister Nawaz Sharif has emerged the richest elected representative in the country, according to his election affidavit filed in June 2013. The Election Commission of Pakistan uploaded the affidavits of parliamentarians on Wednesday. Mr. Sharif owns vast tracts of agricultural land and property well worth over a billion rupees, some of it inherited or gifted in Lahore and Sheikhupura while his wife, Kulsoom Nawaz, owns two properties in Murree.

Mr. Sharif also has investments in sugar, textile and engineering companies and owns four vehicles, a 2010 Toyota Land Cruiser, two old model 1991 and 1973 Mercedes Benz cars and a tractor. His income is bolstered by remittances from his son Hussain Nawaz from London.

Federal Minister for Petroleum and Natural Resources Shahid Khaqan Abbasi joins Mr. Sharif in the billionaire club. Pakistan Tehreek-e-Insaf (PTI) chairperson Imran Khan has assets worth over Rs. 29 million while Punjab Chief Minister’s assets are pegged at Rs. 424 million, making him the richest Chief Minister.

Not everyone owns millions though. Independent member of the National Assembly, Jamshed Dasti, declared no property or assets except his salary as a people’s representative.