diff --git a/doc/whatsnew/fragments/7467.bugfix b/doc/whatsnew/fragments/7467.bugfix
new file mode 100644
index 00000000000..6f28e87960e
--- /dev/null
+++ b/doc/whatsnew/fragments/7467.bugfix
@@ -0,0 +1,3 @@
+``invalid-class-object`` do not crash anymore when ``__class__`` is assigned alongside another variable.
+
+Closes #7467
diff --git a/pylint/checkers/classes/class_checker.py b/pylint/checkers/classes/class_checker.py
index 099b6897a3d..37e53d00a25 100644
--- a/pylint/checkers/classes/class_checker.py
+++ b/pylint/checkers/classes/class_checker.py
@@ -1560,7 +1560,18 @@ def visit_assignattr(self, node: nodes.AssignAttr) -> None:
     def _check_invalid_class_object(self, node: nodes.AssignAttr) -> None:
         if not node.attrname == "__class__":
             return
-        inferred = safe_infer(node.parent.value)
+        if isinstance(node.parent, nodes.Tuple):
+            class_index = -1
+            for i, elt in enumerate(node.parent.elts):
+                if hasattr(elt, "attrname") and elt.attrname == "__class__":
+                    class_index = i
+            if class_index == -1:
+                # This should not happen because we checked that the node attrname
+                # is '__class__' earlier, but let's not be too confident here
+                return
+            inferred = safe_infer(node.parent.parent.value.elts[class_index])
+        else:
+            inferred = safe_infer(node.parent.value)
         if (
             isinstance(inferred, nodes.ClassDef)
             or inferred is astroid.Uninferable
diff --git a/tests/functional/i/invalid/invalid_class_object.py b/tests/functional/i/invalid/invalid_class_object.py
index 7c08ebae812..b7363e9c879 100644
--- a/tests/functional/i/invalid/invalid_class_object.py
+++ b/tests/functional/i/invalid/invalid_class_object.py
@@ -1,12 +1,15 @@
 # pylint: disable=missing-docstring,too-few-public-methods,invalid-name
 from collections import defaultdict
 
+
 class A:
     pass
 
+
 class B:
     pass
 
+
 A.__class__ = B
 A.__class__ = str
 A.__class__ = float
@@ -30,3 +33,43 @@ def __deepcopy__(self, memo):
         obj = C()
         obj.__class__ = self.__class__
         return obj
+
+
+class AnotherClass:
+    ...
+
+
+class Pylint7429Good:
+    """See https://github.com/PyCQA/pylint/issues/7467"""
+
+    def class_defining_function_good(self):
+        self.__class__, myvar = AnotherClass, "myvalue"
+        print(myvar)
+
+    def class_defining_function_bad(self):
+        self.__class__, myvar = 1, "myvalue"  # [invalid-class-object]
+        print(myvar)
+
+    def class_defining_function_good_inverted(self):
+        myvar, self.__class__ = "myvalue", AnotherClass
+        print(myvar)
+
+    def class_defining_function_bad_inverted(self):
+        myvar, self.__class__ = "myvalue", 1  # [invalid-class-object]
+        print(myvar)
+
+    def class_defining_function_complex_bad(self):
+        myvar, self.__class__, other = (  # [invalid-class-object]
+            "myvalue",
+            1,
+            "othervalue",
+        )
+        print(myvar, other)
+
+    def class_defining_function_complex_good(self):
+        myvar, self.__class__, other = (
+            "myvalue",
+            str,
+            "othervalue",
+        )
+        print(myvar, other)
diff --git a/tests/functional/i/invalid/invalid_class_object.txt b/tests/functional/i/invalid/invalid_class_object.txt
index 221431b48b4..793a5de6916 100644
--- a/tests/functional/i/invalid/invalid_class_object.txt
+++ b/tests/functional/i/invalid/invalid_class_object.txt
@@ -1,2 +1,5 @@
-invalid-class-object:17:0:17:11::Invalid __class__ object:UNDEFINED
-invalid-class-object:18:0:18:11::Invalid __class__ object:UNDEFINED
+invalid-class-object:20:0:20:11::Invalid __class__ object:UNDEFINED
+invalid-class-object:21:0:21:11::Invalid __class__ object:UNDEFINED
+invalid-class-object:50:8:50:22:Pylint7429Good.class_defining_function_bad:Invalid __class__ object:UNDEFINED
+invalid-class-object:58:15:58:29:Pylint7429Good.class_defining_function_bad_inverted:Invalid __class__ object:UNDEFINED
+invalid-class-object:62:15:62:29:Pylint7429Good.class_defining_function_complex_bad:Invalid __class__ object:UNDEFINED