Prateek Yadav: The Entrepreneurial Son of a Chief Minister Who Built His Own Legacy
Prateek Yadav Net Worth: CM's Son Who Borrowed Rs 4.5 Crore For Lamborghini, Built Empire On His Own Terms
News 18
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Prateek Yadav, son of former Chief Minister Mulayam Singh Yadav, chose to build a business empire in real estate and fitness rather than enter politics. His notable possessions include a Lamborghini financed through a loan, and his estimated net worth ranges from ₹6 to ₹7 crore, reflecting his entrepreneurial spirit.
- 01Prateek Yadav holds an MBA from Leeds University and focused on business instead of politics.
- 02He founded The Fitness Planet gym in Gomti Nagar, Lucknow, and runs the Jeev Aashraya Foundation.
- 03He gained public attention for owning a Lamborghini worth ₹5.23 crore, financed by a ₹4.5 crore loan.
- 04His declared income in 2015-16 was ₹1.47 crore, with total assets exceeding ₹13.41 crore.
- 05Prateek Yadav passed away at 38, having built his wealth independently of his family's political legacy.
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Prateek Yadav, the son of former Chief Minister Mulayam Singh Yadav, pursued an independent path by establishing a business empire instead of entering politics. He earned an MBA from Leeds University, UK, and returned to Lucknow to focus on real estate and fitness. His flagship venture, The Fitness Planet gym, is located in Gomti Nagar, and he also founded the Jeev Aashraya Foundation, dedicated to rescuing stray animals. Yadav became a public figure when it was revealed that he owned a Lamborghini worth ₹5.23 crore, financed partly through a ₹4.5 crore loan from Union Bank of India, making it the first Lamborghini in Lucknow. In his 2015-16 income tax returns, he declared an income of ₹1.47 crore and movable assets over ₹13.41 crore, with property valued at ₹6.15 crore. Prateek Yadav, who declined to enter politics despite family pressure, passed away at the age of 38, leaving behind a legacy built on his own terms.
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Prateek Yadav's entrepreneurial ventures contribute to the local economy in Lucknow, particularly in the fitness and real estate sectors.
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