About 12 per cent of sitting MPs of Rajya Sabha are billionaires with Andhra Pradesh and Telangana having the highest percentage of such parliamentarians, according to the Association for Democratic Reforms.
The Association for Democratic Reforms (ADR) and the National Election Watch (NEW) have analysed and updated the criminal, financial and other background details of 225 out of 233 Rajya Sabha MPs.
In the current Rajya Sabha, one seat is vacant.
According to the report, 5 (45 per cent) out of 11 MPs from Andhra Pradesh, 3 (43 per cent) out of 7 MPs from Telangana, 3 (16 per cent) out of 19 MPs from Maharashtra, 1 (33 per cent) out of 3 MPs from Delhi, 2 (29 per cent) out of 7 MPs from Punjab, 1 (20 per cent) out of 5 MPs from Haryana and 2 (18 per cent) out of 11 MPs from Madhya Pradesh have declared assets worth more than Rs 100 crore.
The total assets of seven Members of Parliament (MPs) analysed from Telangana is Rs 5,596 crore, that of 11 MPs from Andhra Pradesh is Rs 3,823 crore, and 30 MPs analysed from Uttar Pradesh have total assets worth Rs 1,941 crore.