Updated: February 23, 2026
Mukul Roy, the seasoned West Bengal politician often called the “Chanakya of Bengal politics,” passed away today at the age of 71 (some reports note 73) after a prolonged illness, succumbing to cardiac arrest in Kolkata. As a founding member of the Trinamool Congress (TMC), former Union Railway Minister, and a key strategist who later switched to the BJP, Roy’s career was full of dramatic turns and strategic brilliance. But amid tributes pouring in, many are curious about his financial standing. So, what was Mukul Roy net worth at the time of his passing? Let’s break it down with the latest available details.
Table of Contents
Who Was Mukul Roy? A Quick Biography
Born on April 17, 1954, in Kanchrapara, North 24 Parganas, West Bengal, Mukul Roy started his political journey in the Youth Congress before becoming a close aide to Mamata Banerjee. He was among the founders of the All India Trinamool Congress in 1998 and rose quickly, serving as a Rajya Sabha member multiple times and even as Minister of State for Shipping before becoming the Railway Minister in the UPA government.
- Key highlights of his career:
- Close confidant of Mamata Banerjee for years, often seen as TMC’s organizational backbone.
- Elected to Rajya Sabha from West Bengal.
- Served as Union Minister of Railways (32nd Railway Minister of India).
- Switched to BJP in 2017 amid controversies like the Saradha scam links, helping expand BJP’s footprint in Bengal.
- Won the Krishnanagar Uttar assembly seat in 2021 on a BJP ticket.
- Faced disqualification drama under anti-defection laws in 2025, later stayed by the Supreme Court.
Roy’s family includes his wife, Krishna Roy (involved in business), and son Subhranshu Roy. His disciplined family background and long public life made him a respected, if controversial, figure in Indian politics.
Mukul Roy’s Net Worth: What the Records Show
Unlike many high-profile politicians with massive declared assets, Mukul Roy’s wealth remained relatively modest and transparent through his election affidavits. As per his most recent public declarations (from affidavits submitted to the Election Commission), his net worth hovered around ₹50 lakhs in recent years.
Latest Reported Figures (from recent election affidavit and media updates as of 2026):
| Category | Amount (₹) | Details |
|---|---|---|
| Total Assets | ₹50.85 Lakhs | Includes cash, bank deposits, investments, and other movable/immovable properties |
| Net Worth | ≈ ₹49.36 – 50.85 Lakhs | After subtracting liabilities |
| Liabilities | ₹1.5 Lakhs | Minor debts or loans |
| Movable Assets (approx.) | ₹22–31 Lakhs | Cash, bank balances, etc. |
| Other Notes | Modest growth over years | Earlier declarations (e.g., 2014) showed around ₹50 Lakhs; remained stable |
These numbers come straight from sworn affidavits filed during elections and are publicly available via sources like MyNeta.info and Election Commission records. Note that politicians declare assets self-reportedly, and values can vary based on valuation methods—no major unreported wealth has been highlighted in credible reports.
Interestingly, despite holding powerful positions like Railway Minister, Roy’s finances stayed grounded compared to many peers. This has often been attributed to his focus on strategy over personal accumulation.
Factors Influencing Mukul Roy’s Wealth
Roy’s modest net worth reflects a career centered on party-building rather than business ventures. Here are some key points:
- Political income: Salaries and allowances from ministerial roles, Rajya Sabha, and MLA positions (e.g., around ₹50,000+ monthly as RS member in older records).
- Spouse’s business: His wife’s profession listed as business contributed to household assets.
- No major controversies on wealth: Unlike some defection-linked figures, no huge spikes or allegations of disproportionate assets surfaced prominently.
- Stability over time: From 2014 affidavits showing ~₹50 lakhs to recent ones at ₹50.85 lakhs—minimal change, suggesting conservative financial habits.
In Indian politics, where crores are common among top leaders, Roy’s profile stands out as straightforward and unflashy.
Conclusion: Remembering a Political Strategist
Mukul Roy’s net worth of around ₹50 lakhs in 2026 tells only a small part of his story. Far more significant was his impact on West Bengal’s political landscape—helping build TMC into a powerhouse, then aiding BJP’s rise in the state. His switches, strategies, and resilience defined an era of Bengal politics.
As tributes flow from across party lines, Roy leaves behind a legacy of shrewd maneuvering and dedication. His modest finances remind us that influence isn’t always measured in rupees. Rest in peace, Mukul Roy—your mark on Indian democracy endures.