Sunday, March 18, 2018

No one knows Putin's exact net worth, but many speculate he's the wealthiest person on the planet — his $1 billion palace and $500 million yacht explain why

Vladimir Putin very well may be the richest man in the world.

But it's impossible to say for sure. According to the Kremlin, the Russian president earns around $133,000 a year and lives in a small apartment.

That description doesn't jive with most accounts of Putin's lifestyle. Former Russian government adviser Stanislav Belkovsky estimated his fortune is worth $70 billion. Hedge fund manager Bill Browder, a noted critic of Putin, claimed it was more like $200 billion. A fortune that enormous would propel him straight past Amazon founder and richest man in the world Jeff Bezos, who Forbes estimates has $125.6 to his name.

So why can't we pin down Putin's net worth with any certainty? The 2015 Panama Papers revealed that Putin may obscure and bolster his fortune through proxies. Full story...

Related posts:
  1. Private jets for corgis and other secrets of Putin's inner circle...
  2. Revealed: the $2billion offshore trail that leads to Vladimir Putin...
  3. Putin ‘is the richest person in the world until he leaves power’
  4. Putin could be world’s richest man with stolen $200billion fortune...
  5. Vladimir Putin 'stole a $25,000 ring from New England Patriots owner'
  6. "Galley slave" Vladimir Putin one of the world's wealthiest man...
  7. Vladimir Putin’s 'life of four yachts and 58 aircraft’
  8. Putin's palace? A mystery Black Sea mansion fit for a tsar...
  9. Putin and Medvedev share between them two dozen palaces, villas, mansions... 

No comments:

Post a Comment