Rajyavardhan Singh Rathore
Photo: Ajay Kumar, CC BY-SA 2.0, via Wikimedia Commons

Rajyavardhan Singh Rathore Net Worth

Olympic shooter, army officer and politician
🎯 ShootingRetiredIndia
Declared net worth (2023 election affidavit)
₹12.8 crore
Net worth listed by Business Standard from his 2023 Rajasthan affidavit · Olympic silver medallist and minister
About $1.3M in US dollars (ECB rate, October 23, 2026).
Figure published in 2023 (3 years ago). Latest Election affidavit estimate we could find.
Source: Business Standard, Col. Rajyavardhan Rathore: Jhotwara constituency, Rajasthan Assembly Election 2023 (ADR data), November 2023. Updated October 26, 2026.
How to read this: the headline is the net worth Rajyavardhan Singh Rathore declared in his 2023 Rajasthan election affidavit: total declared assets minus total declared liabilities, as transcribed by the Association for Democratic Reforms (MyNeta) and reported by Business Standard, which prints the net worth itself. Affidavit values are what the candidate states, often below market value, so this is an official declaration, not a market estimate. We show it as declared and have not adjusted it. Keep in mind it is 3 years old. The figure was published in INR; the US dollar amount next to it is our simple conversion at the European Central Bank reference rate of October 23, 2026, not a separate estimate.

Where the money comes from

Army careerPropertyPolitical salary
Declared net worth, 2023₹12,78,66,572
Business Standard
Declared assets₹14,05,43,732 (immovable ₹7.62 crore, movable ₹6.44 crore)
Business Standard
Declared liabilities₹1,26,77,160
Business Standard

Rajyavardhan Singh Rathore is a former Indian Army colonel and Olympic shooter. His silver medal in double trap at the 2004 Athens Olympics was India's first individual Olympic silver, and he also won Commonwealth Games gold medals in the event.

After leaving the army in 2013 he joined the BJP, won the Jaipur Rural seat in the Lok Sabha in 2014 and 2019, and served as India's sports minister. In 2023 he moved to state politics, winning Jhotwara in the Rajasthan assembly election and becoming a minister in the state government. Business Standard lists his net worth from that affidavit as about ₹12.8 crore.

What he declared

Business Standard's election page, built on data from the Association for Democratic Reforms, breaks his 2023 affidavit down into immovable assets of ₹7,61,61,514 and movable assets of ₹6,43,82,218, for total assets of ₹14,05,43,732. Against that he declared liabilities of ₹1,26,77,160, leaving a net worth of ₹12,78,66,572.

Olympic shooting is not a lucrative sport, and Rathore competed while serving as an army officer. His wealth reflects an army career, property and his later political career rather than prize money.

About this figure

Every candidate for an Indian election has to file a sworn affidavit (Form 26) listing everything he and his household own and owe. In his 2023 Rajasthan election affidavit, Rajyavardhan Singh Rathore declared total assets of ₹14,05,43,732 and liabilities of ₹1,26,77,160. We subtract one from the other to get the declared net worth of ₹12,78,66,572, about $1.35 million at the October 23, 2026 exchange rate. The affidavit figures are transcribed by the Association for Democratic Reforms on MyNeta and were reported by national newspapers at the time.

Keep in mind what this number is. Assets in an affidavit are listed at the values the candidate states, and property is often entered well below what it would sell for today. It is an official declaration, not a journalist's estimate of his wealth, and it only covers what was owned on the day it was filed.

Career and money timeline

  1. 2002

    Wins Commonwealth Games gold in double trap in Manchester.

  2. 2004

    Wins double trap silver at the Athens Olympics, India's first individual Olympic silver.

  3. 2013

    Retires from the army as a colonel and joins the BJP.

  4. 2014

    Is elected to the Lok Sabha from Jaipur Rural, and again in 2019.

  5. 2017

    Becomes India's sports minister.

  6. 2023

    Wins Jhotwara and joins the Rajasthan government; his affidavit puts his net worth at about ₹12.8 crore.

Rajyavardhan Singh Rathore net worth FAQ

What is Rajyavardhan Singh Rathore's net worth?

Business Standard, using the affidavit he filed for the 2023 Rajasthan assembly election in Jhotwara, lists his net worth as ₹12,78,66,572, about ₹12.8 crore (assets of ₹14.05 crore minus liabilities of ₹1.27 crore). That is about $1.35 million at the October 23, 2026 exchange rate.

Where do these numbers come from?

From Rathore's sworn 2023 election affidavit, as compiled by the Association for Democratic Reforms and published by Business Standard, which prints the net worth directly. Every figure on this page links to its source below.

Sources

  1. Business Standard, Col. Rajyavardhan Rathore: Jhotwara constituency, Rajasthan Assembly Election 2023 (ADR data) (November 25, 2023)
  2. MyNeta (Association for Democratic Reforms), Rajyavardhan Rathore: 2023 Rajasthan affidavit, Jhotwara (cross-check) (November 25, 2023)
  3. Background facts: Wikipedia, Rajyavardhan Singh Rathore (accessed October 26, 2026). Used for career facts only, never for money figures.

Photo: Ajay Kumar, CC BY-SA 2.0, via Wikimedia Commons.

Every number on this page comes from the named source next to it. Totals and percentages are simple sums of those published figures. We never fill in missing years with our own guesses. How we handle estimates.