Baba Ziauddin Siddique, an influential Indian politician from Maharashtra and former MLA, held an important position in the state’s political landscape until his tragic death in October 2024. Known for his deep connections with Bollywood celebrities and his notable work in Mumbai’s Bandra West constituency, Siddique was widely respected. Over his political career, his wealth and assets accumulated significantly, making him one of the wealthier politicians in Maharashtra.
Baba Siddique’s political career spanned several decades, where he held multiple influential roles, including being a three-time Member of the Legislative Assembly (MLA) for Bandra West. As a politician, he was known for being a key player in Maharashtra politics, particularly during his time with the Congress Party, and later with the NCP (Nationalist Congress Party). His death on October 12, 2024, at the age of 66, shocked both political circles and the wider public. This article dives into his financial profile, his political journey, and the controversies surrounding his assets.
Baba Siddique Net Worth
As of 2024, Baba Siddique’s net worth was reported to be around ₹76 crore, with liabilities totaling ₹23 crore. His wealth was primarily derived from investments in real estate, luxury cars, and valuable assets like gold and jewelry. His properties included commercial real estate, agricultural plots, and residential holdings across Mumbai.
In addition to real estate, Siddique’s financial portfolio also included luxury items such as a Mercedes Benz A 180 Sport and a Mercedes Benz S-Class 350 L, along with jewelry worth over ₹6 crore. His wife also held significant assets, adding to the family’s collective wealth.
In 2018, however, Siddique faced significant legal scrutiny when the Enforcement Directorate (ED) seized 33 flats worth ₹462 crore linked to him, part of an investigation into alleged money laundering connected to a slum rehabilitation project in Bandra.
Baba Siddique’s Political and Financial Journey
Siddique’s career saw him occupying prominent positions in the Maharashtra government, including roles as the Minister of State for Food & Civil Supplies and Labour. His political stature also helped him develop substantial assets over the years, as indicated by his official affidavits submitted during election campaigns.
His net worth saw steady growth from ₹12 crore in 2004 to over ₹76 crore by the 2014 elections, marking a sharp increase in wealth during his time in public office. His financial disclosures showed significant investments in real estate, luxury items, and other assets that contributed to his impressive wealth.
Baba Siddique’s Personal Life and Family
Baba Siddique was a well-known figure in both political and social circles. His son, Zeeshan Siddique, is currently an MLA from Bandra East, following in his father’s footsteps. Zeeshan’s political career is still growing, and he has been actively involved in local governance and youth politics.
The Siddique family is deeply connected to Bollywood, with Baba Siddique’s annual Iftar parties becoming legendary events attended by top stars like Shah Rukh Khan and Salman Khan. These parties helped him maintain a strong public profile and build alliances across sectors.
Controversies and Wealth Scrutiny
Siddique’s wealth and assets have come under scrutiny several times. The most significant controversy was the 2018 ED investigation, where properties worth ₹462 crore were attached. The investigation was tied to a broader inquiry into illegal money transactions and land dealings. Despite these controversies, Baba Siddique managed to maintain his political influence and continued to be a prominent figure until his death in 2024.
Conclusion
Baba Siddique’s wealth, which grew significantly during his political career, highlighted the financial power held by politicians in high office. With a net worth reaching ₹76 crore and significant real estate and luxury holdings, Siddique’s financial legacy is substantial. His involvement in both political and social spheres, coupled with his strong ties to Bollywood, made him a unique figure in Maharashtra’s political landscape.
His tragic death in October 2024 marks the end of a significant era for the Siddique family, though his legacy continues through his son Zeeshan’s ongoing political career. As more information surfaces about his financial dealings, Siddique’s influence and wealth will likely remain topics of discussion in the years to come.
