In a major development, Aam Aadmi Party candidate Sanjeev Arora on Monday won the Ludhiana West By-election with a whopping 10,637 votes. Arora defeated Congress's Bharat Bhushan Ashu and BJP's Jiwan Gupta in what turned out to be a three-cornered contest. Shiromani Akali Dal's Adv. Parupkar Singh Ghuman was able to secure only 8,203 votes. With this, Sanjeev Arora is all set to become Punjab's richest MLA. Now, the question arises, what is Sanjeev Arora's Net Worth? Below is all you need to know-
Sanjeev Arora Net Worth
Sanjeev Arora has declared assets worth over Rs 301 crore (including his wife’s holdings) in his affidavit to the Election Commission. His wealth includes Rs 268 crore in movable assets, ranging from shares and mutual funds to bank deposits, and Rs 10.36 crore in immovable property. Arora’s declared liabilities stand at Rs 19.43 crore. Sanjeev Arora overtook Kulwant Singh of Mohali, who had declared assets worth Rs 238 crore in 2022.
Sanjeev Arora has been in the export industry for decades, with exports primarily to the United States. In 2006, he diversified into real estate and renamed the company to Ritesh Properties and Industries Ltd (RPIL). As per reports, under RPIL, he developed the “Hampton Business Park” and “Hampton Homes” on Chandigarh Road, creating a hub for multiple industries.
In 2018, Arora founded Femella Fashions Ltd, launching the “Femella” women’s wear brand, which sells on several online retail portals. In 2019, he ventured into the non-ferrous metal business with Teneron Limited, collaborating with Suzuki Motors under the Make in India initiative.
Ludhiana West By-election
According to final figures, Sanjeev Arora garnered 35,179 votes, while his closest rival, Congress’ Bharat Bhushan Ashu, secured 24,542 votes. BJP candidate Jiwan Gupta received 20,323 votes, and Shiromani Akali Dal’s Advocate Parupkar Singh Ghuman stood fourth with 8,203 votes.
The result marks a significant urban win for the ruling AAP in Punjab, reaffirming its political footing in the state ahead of the 2027 Assembly elections. The counting took place at Khalsa College for Women, where postal ballots were counted first, followed by EVM votes.