Mahfud MD's Net Worth: What's the Vice Presidential Candidate's Wealth?

PDI-P officially nominates Mahfud MD as the vice-presidential candidate to accompany presidential candidate Ganjar Pranowo in the 2024 Presidential Election. This nomination was announced directly by the PDI-P Chairperson, Megawati Soekarnoputri.

According to *Katadata*, Megawati had received input from various figures and politicians. She had also contemplated to find the right running mate for Ganjar.

"Therefore, the vice-presidential candidate chosen by PDI-P to accompany Ganjar Pranowo is Mr. Mahfud MD," said Megawati at the PDI-P DPP, Jalan Diponegoro, Central Jakarta, Wednesday (18/10/2023).

Mahfud MD himself stated his willingness to accept the nomination. Besides affirming his dedication, he also recounted his relationship with Ganjar, which has been ongoing since 2004.

"I am willing to become the vice-presidential candidate because of the mandate given by Mrs. Megawati and the party leaders," said Mahfud at the same meeting.

This nomination was attended by several party chairmen in the coalition supporting Ganjar, including Acting PPP Chairman Mardiono, Perindo Chairman Hary Tanoesoedibjo, and Hanura Chairman Oesman Sapta Odang (OSO).

(See also: Who are the figures considered capable of upholding the law and human rights? This is the survey result.)

Aside from the nomination news, how much is Mahfud MD's net worth?

Based on asset data compiled from the Corruption Eradication Commission's (KPK) State Officials' Wealth Report (LHKPN), Mahfud MD's assets reached Rp29.54 billion in the 2022 reporting period, reported on March 31, 2023.

This includes land and buildings worth Rp12.06 billion. The Coordinating Minister for Political, Legal, and Security Affairs is recorded as owning 4 plots of land in Sleman, Yogyakarta; 1 plot of land in Pamekasan, East Java; 8 houses/buildings in Sleman; 1 house/building in Surabaya; and 1 house in South Jakarta.

In addition, there are machinery and transportation equipment worth Rp1.50 billion. The details include a Honda motorcycle; a Vespa Primavera motorcycle; a Toyota Avanza Veloz; a Toyota Vios; a Toyota Camry; and a Toyota Alphard.

Mahfud also has other movable assets amounting to Rp180 million. Cash and cash equivalents are recorded as the largest, namely Rp15.8 billion. The former Chief Justice of the Constitutional Court is recorded as having no debt.

The following are the components and total assets of Mahfud MD recorded in the 2022 KPK LHKPN:

* Cash and cash equivalents Rp15,802,328,117
* Land and buildings Rp12,060,316,000
* Machinery and transportation equipment Rp1,503,000,000
* Other movable assets Rp180,500,000
* Total assets Rp29,546,144,117

(See also: Ganjar Pranowo's Asset Report, the Presidential Candidate Finally Nominated by PDI-P)