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Vladimir Putin Net Worth: Richest man?

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Vladimir Putin Net Worth

Vladimir Putin Net Worth

Vladimir Vladimirovich Putin a Russian politician serving as President of Russia since 7 May 2012, previously holding the position from 2000 until 2008. He was Prime Minister of Russia from 1999 until 2000, and again from 2008 until 2012. During his second term as Prime Minister, he was the chairman of the ruling United Russia party.

Vladimir Putin’s annual salary is $187,000 (5.8 million rubles).

So just how rich is Vladimir Putin? consistent with authoritative sources, Vladimir Putin’s annual salary amounts to approximately $187,000, and with regard to his total wealth, Vladimir Putin’s net worth is variously estimated to be anywhere between $70-200 billion, which obviously comes from a spread of activities including his involvement in politics. His assets are believed to incorporate a minimum of 20 residences. There’s little official information on how Putin has acquired his wealth, because it may be a very closely guarded secret. Various attempts to research any perceived wrong-doing by Putin over the years are quashed. His assets are believed to be widespread, including within the oil and other resources, and have clearly consistently improved his net worth over quite 20 years.

According to official figures, in 2017 Putin earned 18.7 million rubles, or $302,000. His declared properties include an 828-square-feet apartment and a garage. A 16,145-square-feet plot of land listed the previous year wasn’t mentioned, Agence France-Presse reported.

Valadimir Putin’s Net Worth

Putin owns 20 palaces and villas in and around Russia including in Finland, Moscow, Europe, and other places. He also owns a palatial mansion fenced by the Black Sea which is worth $1 bln. Though not knowledgeable pilot, Putin still owns 58 aircraft, including 15 helicopters. He also owns the Ilyushin II-96 aircraft model. Not 10 or 50, but Putin owns 700 ultra-luxury cars. This also includes high-end car collection.

Vladimir receives a horde of pricy gifts from everyone. One among the pricey gifts includes a $35 million yacht. The 57-meter luxury yacht was presented by the owner of Chelsea football club, Roman Abramovich.

Putin became prime minister in 1999, and later that year he claimed the position of Acting President of Russia following Boris Yeltsin’s resignation, an edge he then held for 2 consecutive terms from 2000, which was the utmost permitted at that point, on the other hand, was re-elected president in 2012.

Regardless of his reputation internationally, Putin is much respected in Russia for the political changes he has effected while president, also as prime minister. Over the years, Putin has managed to effect reform of the military and police, reduce the tax to 13%, and support the energy policy, which has resulted within the allocation of underwater oil and gas deposits to companies without auction procedure, which allowed Russia to take care of large supplies of energy.

In 2007, Putin was named the “Person of the Year” by “Time” magazine, while in 2011 he received the Confucius Peace Prize from the China International research facility. that very same year, a mountain within the Tian Shan was named “Vladimir Putin Peak”, If these events are discrepant to his international posture, then that’s the difference between Russia and Russians, and the way he and Russians are perceived by the planet at large compared with domestic support.

There is much speculation on the true wealth of Putin. Russian political analyst Stanislav Belkovsky claimed in 2012 that the Russian leader had stakes in companies like Surgutneftegas, Gazprom, and Gunvor and, told the Bureau of Investigative Journalism that his true wealth was around $40 billion.

The U.S. Treasury in 2014 linked the Russian president to Gunvor also. These claims are denied by Gunvor, and Putin has dismissed any reports of his wealth.

Managing editor of the opposition newspaper Novaya Gazeta, Alexei Polukhin wrote that because popular opinion had no influence on who was appointed in government, “the legalization of the surplus wealth of people won’t hurt them the maximum amount as trying to stay them hidden.

“It seems that being within the government officials, you’ll increase your income many times over,” he added.

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