VD Satheesan Net Worth: How Rich Is Kerala’s Next CM?

Thiruvananthapuram

oi-Prakash KL

Published: Thursday, May 14, 2026, 12:44 [IST]

Kerala witnessed scenes of jubilation on Thursday as the Congress High Command named V D Satheesan the state’s new Chief Minister. The announcement came from New Delhi while Satheesan was at the Cantonment House in Thiruvananthapuram, the residence of the Opposition Leader.

Across the state, supporters celebrated with fireworks and sweet distributions. In Paravur, Ernakulam-his home turf since 2001-the mood was especially festive, with crowds gathering to mark the milestone.

Satheesan’s elevation was widely anticipated. His leadership of the United Democratic Front (UDF) in the outgoing Assembly, both inside and outside the legislature, had positioned him as the natural choice. Party allies also rallied behind his name during deliberations.

Although other senior figures such as Ramesh Chennithala and K C Venugopal were considered, the Congress ultimately placed its confidence in Satheesan to head the new government.

VD Satheesan Net Worth

VD Satheesan declared assets worth approximately ₹3 crore in his 2026 election affidavit filed in March for the Kerala polls. This includes his movable assets of ₹53.82 lakh, immovable properties valued at ₹2.42 crore, and his wife’s movable assets of ₹68.45 lakh plus immovable assets of ₹1.85 crore, with liabilities totaling around ₹41.45 lakh combined.

His affidavit details show growth from prior declarations-₹6.69 crore total in 2021. Key components:

Movable assets (self): ₹53.82 lakh (cash, investments, etc.)

Immovable assets (self): ₹2.42 crore (land, buildings)

Spouse’s total assets: ₹2.53 crore

Liabilities: ₹24 lakh (self) + ₹17.45 lakh (spouse)