With phase 1 of the Lok Sabha Elections a few days away, India's Political leaders declare their assets and liabilities to the Election Commission (ED) while filing their nominations. Therefore, their net worth often grabs headlines and raises people's attention. Talking about assets and liabilities, there is an IPS Officer of Punjab who is termed India's richest in terms of bureaucracy. As per TV9, Amritsar Police Commissioner Gurpreet Singh Bhullar is the richest IPS Officer in India. Now, the question arises who is Gurpreet Singh Bhullar and what is his net worth? Below is everything you need to know-
Who is Gurpreet Singh Bhullar?
Currently posted as Amritsar Police Commissioner, Gurpreet Singh Bhullar is a 2004 batch IPS officer. IPS Gurpreet Singh Bhullar has also served as the Police Commissioner of Ludhiana before being promoted to the rank of IG. His longest tenure was as SSP of Mohali. He was the SSP of Mohali between 2009 – 2013 and from 2015 to August 2016.
Talking about Gurpreet Singh Bhullar's education, reports suggest that he has a BA Honors degree. Not only this, but his grandfather Gurdial Singh Bhullar was also an IPS officer and was posted in Jalandhar during his services. Gurdial Singh Bhullar was the SSP of Jalandhar between 1957 and 1960.
Gurpreet Singh Bhullar made headlines in 2016 when he announced his real estate holdings. At that time he was much richer than former CMs Captain Amarinder Singh and Sukhbir Singh Badal.
IPS Gurpreet Singh Bhullar's net worth
For the unversed, IPS Gurpreet Singh Bhullar had declared assets worth Rs 152 crore in 2016. In his declaration of assets, he had mentioned eight houses, four agricultural and three commercial plots. He also has a commercial property worth Rs 85 lakh and a vacant plot of 1500 square yards in Sainik Farm, Delhi.
Furthermore, IPS Bhullar had declared that he also has land worth Rs 45 crore in a village in Mohali. In 2016, the total assets of former Punjab CM Captain Amarinder Singh were Rs 48 crore and Badal's total assets were Rs 102 crore.
Talking about the current scenario, Punjab CM Bhagwant Mann during his nomination in 2022 reportedly declared total assets worth Rs 1.97 crore. It has immovable assets worth Rs 1.49 crore and movable assets worth Rs 48.10 lakh. CM Bhagwant Mann had informed that he has two Toyota Fortuners worth Rs 27 lakh and a Chevrolet Cruze car worth Rs 3 lakh.
Furthermore, Bhagwant Mann had gold jewelry worth Rs 5 lakh weighing 95 grams, household items worth Rs 5.50 lakh, and a gun worth Rs 20,000. He had declared his total income for the year 2020-21 at Rs 18.34 lakh. Apart from this, there is agricultural land worth Rs 1.12 crore in the name of Bhagwant Mann in Sangrur, Punjab. He also has a commercial property worth Rs 37 lakh in Patiala.
How IPS Gurpreet Singh Bhullar is so rich?
The report suggested that IPS Bhullar's most expensive asset is estimated to be around Rs 45 crore, which is in the form of uncultivable land in a village in Mohali. IPS Gurpreet Singh Bhullar's most of the properties are ancestral.