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Vladimir Putin Net Worth

Vladimir Putin is a well-known figure in international politics, he is the president of Russia, and has great wealth, coming from oil and gas investments, and from his annual salary. How much is he worth altogether?

Vladimir Putin Net Worth - $70 Billion

Birth Name - Vladimir Vladimirovich Putin
Date of birth - 7 October 1952
Zodiac Sign - Libra
Birth Place - Leningrad, Russian SFSR, Soviet Union
Nationality - Russian
Height - 5' 7"
Profession - Politician, Military Officer

According to internet sources, he is worth $70 Billion. His Net salary for being the president of Russia gets him $187 thousand dollars per year. He went to the Leningrad State University, where he graduated at the course of law in 1975 as Doctor of Jurisprudence. After finishing university, he joined KGB in 1975 where he was assigned to Directorate S, where they dealt with the intelligence-gathering. He was appointed as an advisor in 1990 on international affairs, on the side of Anatoly Shobcak. One year later, he became the head of the Committee for External Relations until 1996.

In 1999 he was appointed Prime Minister of the Government of the Russian Federation by the former President Boris Yeltsin. He was the successor of Yeltsin till 2000. One year later he was serving as Russia’s president up until 2008. In that year, Dmiry Medvedev was his successor as a President, who appointed Putin as a prime minister again, until 2012. On 4 of March 2012 He won the 2012 Russian presidential elections and was inaugurated till the present.

He created a system that was closer to Russia’s own traditions and circumstances to break familiarity with western states, and the US. Putin’s system has often been regarded to be a Sovereign Democracy, yet his reputation is controversial especially in international fields.

Putin’ has vast investments. It includes his savings on his bank account, his 77.4 square metres apartment is St. Petersburg, 160 shares of Bank St. Petersburg, and 2 Volga cars. In 2012 his reported income was $113000. Putin has numerous residences throughout the vast country. In 2012 Nemtsov listed altogether 20 palaces and villas that are owned by him.

Apart from improving the lives of Russian citizens, he used his power in a different field as well; building a secret ownership stakes of multi-billion dollar firms. What else is more obvious to worth investing in, than black gold? Russia has the largest oil reserves on the whole world, and it is the largest exporter of natural gas as well. They say that he has used his power to gain 4,5% ownership at Gazprom, 37% at Surgutneftegas, and up to 50% at Gunvor. Let’s take a closer look at these firms. Gazprom alone makes more than $150 Billion annually, the revenue of Gunvor in around $80 billion while Surgutneftegas exceeds $20 billion.

Forbes ranked him the 1st on the list Of The World's Most Powerful People . They claimed, that he is “one of the few men in the world powerful enough to do what he wants --and get away with it”. So with all these, it’s no wonder how he’ worth over $70 billion.

These figures aside, there are speculations that it is not easy to pinpoint all that Putin owns. This is especially given the type of leadership under his watch in Russia. Some people have said that his total net worth is over $200 billion. This makes him richer than Bill Gates. But these are speculations.

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