Deputy Chief Minister Diya Kumari stands as a modern-day ‘princess in the heart of Rajasthan not defined by palaces or kingdoms but by a unique blend of financial prowess and familial history.
Diya Kumari’s Financial Landscape: A Peek into the Numbers
Diya Kumari has eight savings and three current accounts. Six of the savings accounts are in Jaipur, and two are in Delhi. Diya Kumari has taken the oath as the Deputy Chief Minister of Rajasthan. This time, she was elected as the MLA from Vidhyadhar Nagar. She was elected as the Member of Parliament from Rajsamand in the 2019 Lok Sabha elections. Diya Kumari is related to the former royal family of Jaipur (formerly Amer).
Assets Beyond Royalty: Not a Palace, but 18 Crores and 75 Lakhs in Jewelry
In a departure from traditional royal narratives, Diya Kumari’s wealth is not housed in grand palaces but distributed across various financial instruments. With assets totaling 18 crores and jewelry worth 75 lakhs, she stands as a testament to modern financial acumen within the royal lineage.
The Contrasts: Diya Kumari’s Wealth in Perspective
Now, there are no kingdoms or estates left, but if they were, Diya Rajkumari would have been called a princess. Diya Kumari has millions in the bank and owns gold, diamonds, and rubies. She also has shares in companies and a substantial mutual fund portfolio. However, she doesn’t have a home, a car, or even a small piece of land. Diya Kumari has more than 2.9 crores in the banks, along with gold, diamonds, and rubies. Despite her financial assets, she doesn’t own a house, a car, or any land.
Financial Moves: Diya Kumari’s Strategic Approach
Money Matters: Diya Kumari’s Varied Asset Portfolio
Diya Kumari’s financial profile reveals a substantial presence in the banking sector, with holdings exceeding 2.9 crores rupees. Her asset portfolio includes not only currency but also valuable assets like gold, diamonds, and rubies. In addition to these tangible assets, Diya Kumari has diversified her investments by holding shares in multiple companies and maintaining a significant mutual fund portfolio. Surprisingly, despite her financial acumen, she doesn’t possess a home, a car, or any land.
Wealth in Politics: Diya Kumari’s Position Compared
Despite becoming the Deputy Chief Minister, Diya Kumari lags behind Chief Minister Bhajan Lal Sharma and another Deputy Chief Minister, Prem Chand Bairwa, in terms of wealth. Diya Kumari has eight savings and three current accounts, with a total of 1 crore 48 lakhs 33 thousand 270 rupees in the savings accounts and 92 lakhs 51 thousand 290 rupees in the current accounts. She also has two Fixed Deposit Receipts (FDR) of 20 lakhs and 30 lakhs.
Diya Kumari’s Valuable Holdings
According to her election affidavit, Diya Kumari holds shares in three different companies. One of them is Jaipur Palace Hotels Private Limited, in which she has 65,000 shares valued at 100 rupees each, totaling 65 lakhs.
Mutual Fund Investments
Apart from shares, Diya Kumari has also invested in mutual funds of renowned companies, with a total value of 14 crores 84 lakhs 19 thousand 727 rupees as of October 25, 2023. Thus, her total investments in shares and mutual funds amount to 15 crores 52 lakhs 86 thousand 487 rupees.
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Adorned in Royalty: Diya Kumari’s Precious Jewelry Collection
Diya Kumari owns a considerable amount of jewelry, including gold, diamonds, and rubies, with a total value of 75 lakhs 40 thousand 734 rupees. She has two government residences but no private property. She has mentioned her official address as 944, City Palace, near Jantar-Mantar, Jaipur, Rajasthan. Diya Kumari receives income from business, salary, allowances, bank interest, and mutual funds.
Life Beyond Politics: Diya Kumari’s Personal Journey
Beyond the political arena, Diya Kumari’s life unfolds with a detour into artistic pursuits. Having completed a diploma in Fine Arts Decorative Painting from Parsons School of Art and Design in London in 1989, she adds a layer of cultural richness to her multifaceted identity.
Mughal Connections: Family Roots and Heritage
Unveiling her family’s connection to the Mughals, Diya Kumari’s father, Sawai Bhawani Singh, served in the army during the 1971 India-Pakistan war. Her grandfather, Man Singh II, was the last king of the Jaipur state during the British era. With ancestral ties to the Mughal court, including a forebear who served as one of the nine gems in Akbar’s court, Diya Kumari’s heritage is intricately woven into the historical fabric of India.
Conclusion: Diya Kumari’s Legacy – A Modern Symbol of Tradition and Progress
Diya Kumari stands out as a distinctive figure, reshaping the perception of royalty in present-day Rajasthan. Her story goes beyond the sparkle of jewelry and the appeal of political roles, revealing a narrative of strength, financial wisdom, and a deep link to India’s historical fabric. Serving as Rajasthan’s Deputy Chief Minister, she symbolizes a blend of tradition and progress, reflecting the changing face of royalty in the 21st century.