Jawaharlal Nehru Net Worth
Jawaharlal Nehru had an estimated net worth of $5 million at death. Jawaharlal Nehru, Indira Gandhi’s father, was a leader of India’s nationalist movement and became India’s first prime minister after its independence. He earned most of his income from his political career.
Jawaharlal Nehru joined the Indian National Congress and the independence movement led by Mahatma Gandhi. Pakistan was established in 1947 as a new, independent Muslim country. After the British left, Nehru became India’s first prime minister.
To calculate the net worth of Jawaharlal Nehru, subtract all his liabilities from his total assets. Investments, savings, cash deposits, and any equity he has in a house, car, or other similar asset are included in the total assets. All debts, such as personal loans and mortgages, are included in total liabilities.
Here’s the breakdown of his net worth:
|Net Worth:||$5 Million|
|Monthly Salary:||$50 Thousand|
|Annual Income:||$700 Thousand|
|Source of Wealth:||Politician|
In 1889, Nehru was born in Allahabad, India. His father was a well-known lawyer and one of Mahatma Gandhi’s close associates. Nehru was educated at home by a succession of English governesses and tutors until the age of 16. In England, he continued his education, first at the Harrow School and then at Trinity College, Cambridge, where he earned an honors degree in natural science.
Later, he studied law at London’s Inner Temple before returning to India in 1912 and practicing law for several years. Nehru married Kamala Kaul four years later, and their only child, Indira Priyadarshini, was born in 1917. Indira Gandhi, like her father, would later serve as Prime Minister of India under her married name. Vijaya Lakshmi Pandit, one of Nehru’s sisters, later became the first woman president of the United Nations General Assembly.
Nehru overheard British Brigadier-General Reginald Dyer gloating over the Jallianwala Bagh massacre while traveling on a train in 1919. The massacre, also known as the Amritsar Massacre, occurred when the British military stationed there opened fire on a crowd of unarmed Indians for ten minutes. 379 people were killed and at least 1,200 were injured. Nehru vowed to fight the British after hearing Dyer’s words. His life was altered as a result of the incident.
This era in Indian history was characterized by a surge of nationalist activity and governmental repression. Nehru became a member of the Indian National Congress, one of the country’s two major political parties. Gandhi, the party’s leader, had a strong influence on Nehru. Gandhi’s insistence on action to effect change and greater independence from the British piqued Nehru’s interest the most.
The British did not give in easily to Indian demands for independence, and the Congress Party’s central leaders and workers were barred from operating in some provinces in late 1921. As the ban went into effect, Nehru went to prison for the first time; over the next 24 years, he would serve nine sentences totaling more than nine years in prison. While imprisoned, Nehru studied Marxism, despite his political leanings to the left. Though he was intrigued by the philosophy but repulsed by some of its methods, Nehru’s economic thinking was Marxist from then on, with adjustments made to suit Indian conditions.
Marching Toward Indian Independence
After years of struggle for Indian emancipation, Nehru was elected president of the Indian National Congress in 1928. (In fact, Gandhi engineered Nehru’s rise in the hope that he would attract India’s youth to the party.) The following year, Nehru presided over the historic session in Lahore that declared complete independence as India’s political goal. The Round Table Conferences began in November 1930, with British and Indian officials meeting in London to devise a plan for eventual independence.
Nehru became more involved in the workings of the Congress Party after his father’s death in 1931, and he became closer to Gandhi, attending the signing of the Gandhi-Irwin pact. The pact, signed by Gandhi and British viceroy Lord Irwin in March 1931, declared a truce between the British and India’s independence movement. The British agreed to release all political prisoners, and Gandhi agreed to call an end to the civil disobedience movement he had led for years.
Unfortunately, the pact did not immediately bring peace to British-controlled India, and both Nehru and Gandhi were imprisoned in early 1932 on charges of attempting to launch another civil disobedience movement. The third Round Table Conference was not attended by either man. (Gandhi was imprisoned shortly after returning as the sole Indian representative to the second Round Table Conference.) The third and final conference, however, resulted in the Government of India Act of 1935, which established a system of autonomous government for Indian provinces, with elections to choose provincial leaders.
By the time the 1935 act was signed into law, Indians saw Nehru as Gandhi’s natural heir, despite the fact that Gandhi did not name Nehru as his political successor until the early 1940s. “[Jawaharlal Nehru and I] had differences from the time we became coworkers, and yet I have said for some years and say so now that… Jawaharlal will be my successor,” Gandhi said in January 1941.
World War II
When World War II broke out in September 1939, British viceroy Lord Linlithgow committed India to the war effort without consulting the newly independent provincial ministries. In response, the Congress Party withdrew its representatives from the provinces, and Gandhi staged a limited civil disobedience movement that landed him and Nehru in jail once more.
Nehru was imprisoned for a little more than a year before being released with other Congress prisoners three days before the Japanese bombed Pearl Harbor. When Japanese troops moved near India’s borders in the spring of 1942, the British government decided to enlist India to combat this new threat, but Gandhi, who still essentially controlled the movement, would accept nothing less than independence and demanded that the British leave India. Nehru reluctantly agreed to join Gandhi’s hardline stance, and the two were arrested and imprisoned again, this time for nearly three years.
Within two years of Nehru’s release, simmering animosity between the Congress Party and the Muslim League, which had always wanted more power in a free India, had reached a fever pitch. Louis Mountbatten, the last British viceroy, was tasked with finalizing the British withdrawal roadmap with a plan for a unified India.
Despite his reservations, Nehru agreed to Mountbatten and the Muslim League’s plan to divide India, and Pakistan was established in August 1947—the new country Muslim, and India predominantly Hindu. After the British left, Nehru became India’s first prime minister.
The First Prime Minister of Independent India
Nehru’s significance in Indian history can be summarized as follows: he instilled modern values and thought, emphasized secularism, insisted on India’s fundamental unity, and, despite ethnic and religious diversity, led India into the modern age of scientific innovation and technological progress. He also sparked social concern for the marginalized and poor, as well as a commitment to democratic values.
Nehru was especially proud of his efforts to modernize the antiquated Hindu civil code. Finally, Hindu widows could have equal inheritance and property rights as men. Nehru also changed Hindu law to make caste discrimination illegal.
Nehru’s administration established many Indian institutions of higher learning, including the All India Institute of Medical Sciences, the Indian Institutes of Technology, and the National Institutes of Technology, and guaranteed free and compulsory primary education to all Indian children in his five-year plans.
National Security and International Policy
Throughout Nehru’s presidency, the Kashmir region—which was claimed by both India and Pakistan—was a recurring issue, and his cautious efforts to resolve the dispute ultimately failed, resulting in Pakistan’s unsuccessful attempt to seize Kashmir by force in 1948. The region has remained a source of contention well into the twenty-first century.
Internationally, both the United States and the Soviet Union began looking for India as a Cold War ally in the late 1940s, but Nehru led efforts toward a “nonalignment policy,” in which India and other nations would not feel the need to tie themselves to either dueling country in order to thrive. To that end, Nehru co-founded the Non-Aligned Movement, a group of neutral nations.
Recognizing the People’s Republic of China shortly after its establishment, and as a staunch supporter of the United Nations, Nehru lobbied for China’s admission to the UN and sought to establish warm and friendly relations with the neighboring country. His pacifist and inclusive policies toward China were tested when border disputes erupted into the Sino-Indian war in 1962, which ended when China declared a cease-fire and announced its withdrawal from the disputed Himalayan region on November 20, 1962.
Nehru’s four domestic policy pillars were democracy, socialism, unity, and secularism, and he was mostly successful in maintaining a strong foundation of all four during his presidency. He achieved iconic status while serving his country and was widely admired internationally for his idealism and statesmanship. In recognition of his lifelong passion and work on behalf of children and young people, his birthday, November 14, is celebrated in India as Baal Divas (“Children’s Day”).
Indira Nehru, Nehru’s only child, was India’s prime minister from 1966 to 1977, and again from 1980 to 1984, when she was assassinated. Rajiv Gandhi, her son, was prime minister from 1984 to 1989, when he was assassinated as well.
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