Curious about Putin Net Worth? We all are!
Recently, a lot of discussion regarding Putin’s net worth has been going around. Not many people know how much he makes, as Mr. Putin has left almost no paper trail for his assets.
If you do not know Vladimir Putin, then you are missing out. Nonetheless, here are the details on the Russian President and Putin Net Worth.
Who is Vladimir Putin?
Vladimir Putin is a Russian Politician, currently the seated President of Russia, who has been serving the country since 2012. He even did back from 1999 to 2008.
He also served as the Prime Minister of Russia, Secretary of the Security Council, and the Director of the Federal Security Service. Vladimir Putin was also a member of the KGB from 1975 until 1991 before he became Russia’s President.
He is an authoritarian because of numerous issues connected to him that go against some human rights, such as jailing and repression of a free press.
Nonetheless, he remains the country’s President for the longest time, even if his reign is controversial.
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Quick Facts
- When was Vladimir Putin Born?
He was born on October 7, 1952.
- Where was Vladimir Putin born?
He was born in Leningrad, Russian SFFR, Soviet Union, now known as St. Petersburg, Russia.
- Where did Vladimir Putin attend school?
He went to School No. 193 at Baskov Lane. Putin also studied law at Leningrad State University, now known as Saint Petersburg State University.
- What other language does Vladimir Putin speak?
Aside from Russian, his native language, he speaks German as his 2nd language.
Putin Net Worth – How much money does Vladimir Putin Make?
The US and European allies recently announced sanctions on Vladimir Putin, targeting his personal wealth. He is believed to hold billions of dollars as personal wealth.
Let’s find out how much Putin Net Worth is and how he earned his wealth.
Back in 2016, a massive leak of documents had shed light on the fortunes of the Russian President’s inner circle. According to The Guardian’s Luke Harding article, “A network of secret offshore deals and vast loans worth $2bn has laid a trail to Russia’s president, Vladimir Putin.”
The leaked documents led to the properties, beneficiaries, and other people who are connected to Putin.
Moreover, in a news report dated August 1, 2017, in CNBC, “Putin’s net worth is estimated to be $200 billion, according to former Hermitage Capital Management CEO Bill Browder,” it also said in the report that, “Russian President Vladimir Putin is worth more than both Gates and Bezos combined.” Take note that this was a report back in 2017.
These were all in contrast to a report made in 2011, that says, “Russian Prime Minister Vladimir Putin earns only $140,000 a year and owns just one home, a small apartment in his home town.”
Although more reports confirm that Hermitage Capital Management CEO Bill Browder believes that the Russian President is the richest man globally, with Putin net worth of $200 Billion, we cannot confirm.
As the recent war controversy arose, Putin’s net worth is questioned. However, it seems that Putin Net Worth is impossible to track precisely, although many theories are going around. CNN reported, “Putin’s wealth suggests that he has strongarmed Russia’s oligarchs, threatening them with arrest or worse unless they fork over cash or stakes in their companies to him,” yet, it is impossible to track his money.
For now, Putin Net worth is estimated to be between $70 Million as of 2022, as agreed upon by sources. Who knows how much he makes as President of Russia.
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