A report by the Association for Democratic Reforms (ADR) revealed that "out of the 4,001 MLAs analysed from state assemblies, 88 (or 2 percent) are billionaires". As per the data, Karnataka has the highest percentage of billionaire MLAs, followed by Arunachal Pradesh, Andhra Pradesh, Maharashtra, Himachal Pradesh, Gujarat, and Madhya Pradesh.

Among the parties, the Congress has the most of billionaire MLAs (33 of 719 analysed MLAs, 5 percent), while the Bharatiya Janata Party (BJP) followed with 24 of 1,356 MLAs (2 percent) have assets worth over Rs 100 crore. Moreover, the average assets of an MLA from state assemblies in India are worth Rs 13.63 crore, the ADR report said. It added that the average assets of MLAs with declared criminal cases are Rs 16.36 crore, while the average assets of MLAs with no criminal cases are Rs 11.45 crore. As per the report, Karnataka emerged as the state with the highest average assets per MLA (223 MLAs). The MLAs in the state have average assets of Rs 64.39 crore. This is followed by Andhra Pradesh (174 MLAs) with average assets of Rs 28.24 crore and Maharashtra (284 MLAs) with average assets of Rs 23.51 crore.