Urmila Matondkar, the renowned Bollywood actress, entered the political arena in 2019 when she contested the Lok Sabha elections from the Mumbai North seat on a Congress ticket. Prior to the election, she filed an affidavit declaring her financial standing, providing a glimpse into her wealth and investments.
The affidavit revealed that for the financial year 2017-18, Urmila declared an income of over ₹ 2.85 crore, while her husband, Mohsin Akhtar Mir, declared ₹ 5 lakh. Over the preceding five years, her annual income consistently exceeded ₹ 1 crore, while her husband’s income ranged between ₹ 4-8 lakh.
In terms of assets, Urmila held approximately ₹ 2 lakh in cash and over ₹ 62 lakh in her Public Provident Fund (PPF) deposits. Her savings accounts across multiple banks, including HDFC, SBI, PMC, and Saraswat Co-operative Bank, held a combined balance of nearly ₹ 51 lakh. Her husband held approximately ₹ 15,000 in cash and deposits worth over ₹ 34,000.
Urmila’s investments in shares, bonds, and mutual funds totaled a substantial ₹ 34 crore. She also possessed insurance policies valued at ₹ 2 crore. Her husband had no listed investments in these categories.
The 2019 affidavit further disclosed that Urmila owned several properties in Mumbai, including flats in Bandra, with a combined market value of approximately ₹ 23.5 crore. Her husband owned a property valued at ₹ 30 lakh. The actress also owned three cars, including a Mercedes and an I20, with a combined value exceeding ₹ 73 lakh. Her husband owned a Tata Storme and a Royal Enfield, valued at ₹ 17 lakh. Urmila’s gold and diamond jewelry was worth around ₹ 50 lakh.
While Urmila had no outstanding bank loans, her husband had liabilities amounting to approximately ₹ 18.94 lakh.
Based on these declarations, Urmila Matondkar’s estimated net worth in 2019 was around ₹ 60.5 crore. This figure included over ₹ 1.13 crore in cash and bank deposits, ₹ 34 crore in investments, ₹ 23.5 crore in real estate properties, ₹ 73 lakh in vehicles, and ₹ 51 lakh in jewelry.
In a significant turn of events, Urmila Matondkar resigned from the Congress party in 2020 and joined the Shiv Sena. In September 2024, multiple media reports revealed that the actress had filed for divorce from her husband, Mohsin Akhtar Mir, whom she married in 2016.
Urmila Matondkar’s financial status has been a topic of public interest, particularly during her political foray. Her declared net worth, as per the 2019 affidavit, provides a glimpse into her financial holdings and investments. It’s important to note that these figures represent her declared assets and may not reflect her complete financial picture.
As the actress navigates her personal and professional life, her story continues to capture public attention.
