Putin net worth

Vladimir Putin is a Russian politician and former intelligence officer who served as president of Russia from 1999 to 2008 and resumed the position in 2012. He previously served as prime minister of Russia in 1999 and again from 2018 to 2012. Birthdate: October 7, 1952 Birthplace: Leningrad, U.S.S.R. (now Saint Petersburg, Russia) Education: L.L.B. from Saint Petersburg State University, Ph.D. from Saint Petersburg Mining Institute Marriages: Lyudmila Shkrebneva ​(m. 1983, div. 2014) American-born financier Bill Browder believes Putin arrested oil magnate Mikhail Khodorkovsky in 2003 and then made a deal with other Russian oligarchs. “The deal was, ‘You give me 50 percent of your wealth, and I’ll let you keep the other 50 percent,’” Browder told Forbes. “If you don’t, he’ll take 100 percent of your wealth and throw you in jail.” After calculating 50 percent of the total net worths of all the Russian oligarchs, Browder estimated in 2017 that Putin was worth $200 billion. According to reports, Kirill Shamalov became a billionaire three years after his unconfirmed marriage to Putin’s daughter and then was relieved of his wealth after the marriage dissolved. “The richer you get, the more dependent you get,” Swedish economist Anders Aslund tells Forbes. “Wealth does not give you freedom, certainly in Russia. There are so many things that can happen when you have too much money.” Aslund, author of the 2019 book Russia’s Crony Capitalism, claims Putin has family members, friends,...

SEVASTOPOL, CRIMEA - MARCH 18: Russian President Vladimir Putin (C) as billionaire and businessman ... [+] Arkady Rotenberg (L) points to him during the awarding ceremony at the museum on March 18, 2020 in Sevastopol, Crimea, Ukraine. President Vladimir Putin is having a one-day visit to Sevastopol, located in disputed territory of Crimean peninsula, annexed by Russia from Ukraine in 2014. Putin awarded builders of the Crimean Bridge during the celebrations of the 6th anniversary of reunification of Crimea with Russia. (Photo by Mikhail Svetlov/Getty Images) Getty Images When Russian President Vladimir Putin re-invaded Ukraine in 2022 and his military was found wanting, he turned to Russian energy to force Europe into submission. At every stage of the energy war, Putin buttressed his public appearances with oligarchs who mostly earned their fortune in oil and gas, the foundation of the Russian economy. After Russia failed, these oligarchs slipped into the background while military-security elites, the Siloviki (literally – “people of power”), took center stage. Even as the tycoons slink into the shadows, and other elites contemplate ditching Putin, we should remember: the foundation of Russia’s capacity to wage war remains revenues from its energy, nuclear technology, and arms exports —and the cronies Putin has running these operations. The list below is far from comprehensive, but it gives the reader an idea of who these people are and how they react to the war. So, where...

The Swiss government is bringing charges of criminal negligence against four Swiss-based executives at Gazprombank, as first reported by The indictment accuses the bankers of not investigating whether Rodulgin was the actual owner of certain accounts, despite the cellist Swiss prosecutors also hope the case can shed light on Putin’s wealth. “It is notorious that Russian President Putin officially has an income of just over SFr100,000 [$106,000] and is not wealthy, but in fact has enormous assets managed by people close to him,” says the indictment, according to the Financial Times. Prosecutors Panama Papers Roldugin was a key figure in the Panama Papers, a set of leaked documents published in 2016 that detailed the owners of companies based in offshore tax havens. Investigations by journalists found that Roldugin and other close associates of Putin had Switzerland started its investigation into Gazprombank in response to the Panama Papers. In 2018, Switzerland’s financial regulator Both the U.S. and the European Union Switzerland How wealthy is Putin? According to official disclosures from the Russian government, Putin earned $135,000 in 2021. Yet Russia’s president is alleged to own high-end luxury watches, a superyacht, and a 190,000-square-foot mansion Putin’s critics If accurate, that would make the Russian president the richest person in the world, ahead of LVMH CEO Bernard Arnault and

ladimir Putin’s war in Ukraine, the cost of sanctions across the Russian elite and the weakened ruble took its toll on the wealth of Russia’s billionaires. There are 83 Russians on the 2022 Forbes list of the World’s Billionaires, down from 117 last year. The remaining Russian billionaires are worth a collective $320 billion–an eye-watering $263 billion less than a year ago. These billionaires have lost, on average, 27% of their wealth–or $2 billion–apiece since last year. Six tycoons saw their wealth drop by a double-digit billion-dollar sum: Leonid Mikhelson (-$10.9 billion), Alexey Mordashov (-$15.9 billion), Gennady Timchenko (-$10.7 billion), Vagit Alekperov (-$14.4 billion), Suleiman Kerimov (-$11.4 billion) and Tatyana Bakalchuk (-$10.9 billion). Meanwhile, over the past year Russia minted just two new billionaire citizens: Denis Sverdlov of London-based EV startup Arrival and Egor Kulkov, one of the early partners in Pharmstandard, a Moscow-based pharmaceutical company, and now an investor in CMR Surgical, a maker of robot surgeons that raised $600 million in funding in 2021. Russian billionaire and businessman Roman Abramovich Getty Images Here are six of the most notable Russians whose fortunes plunged, including the three biggest losers: Net worths are as of March 11, 2022; comparisons are vs. March 5, 2021 Vladimir Lisin 2022 NET WORTH: $18.4 billion (DOWN $7.8 billion) Roman Abramovich 2022 NET WORTH: $6.9 billion (DOWN $7.6 billion) Although the Chelsea owner...

Vladimir Putin, his friend Gennady Timchenko (left), and Svetlana Krivonogikh, who it has been claimed was the president’s lover. Illustration: Guardian Design Vladimir Putin, his friend Gennady Timchenko (left), and Svetlana Krivonogikh, who it has been claimed was the president’s lover. Illustration: Guardian Design In September 2003, a secret transaction took place. The location was From the balcony the new owner could gaze down on Monaco’s sparkling marina, stuffed during the summer with floating superyachts. Security ensured residents were undisturbed by tourists milling around a mini-garden built on the complex’s roof. There were sounds, too, pleasant ones – the clatter of helicopters ferrying new arrivals from Nice airport, and the screeching of swifts. The identity of the flat’s buyer was a mystery. The official “purchaser” was an offshore company listed in the British Virgin Islands (BVI), Brockville Development Ltd. Brockville was in turn owned by two further Panama-registered entities – Sefton Securities and, later, Radnor Investments SA. To outsiders, the arrangements looked a little like a Russian doll, with the ultimate beneficiary nestled under layers. The Monte Carlo Star complex overlooks Monaco’s marina. Photograph: David Bagnall/Alamy Thanks to documents in the How to explain her fairytale rise? According to media reports, Krivonogikh’s background is modest. She grew up in a communal apartment, sharing a kitchen and bathroom with five families. Krivonogi...

Last year’s richest and second richest Russians—Vladimir Potanin and Vladimir Lisin—each slid down one spot, to second and third, respectively. Potanin is $7.3 billion richer this year, on the back of a 37% rise in the stock price of metals giant Nornickel, where he is president. Lisin is wealthier too, up by $8.1 billion as shares of Novolipetsk Steel, which he chairs, have climbed by 110%. Mikhail Fridman, who controls investment companies Alfa Group and LetterOne, and steel and nickel billionaire Roman Abramovich fell out of the country’s top ten this year—despite both of them adding to their fortunes. They were surpassed by two big gainers: Pavel Durov and Suleiman Kerimov. Durov, the founder of messaging app Telegram, is now ninth richest, worth an estimated $17.2 billion. Telegram passed 500 million monthly users earlier this year Here are the 10 richest people in Russia; net worths were calculated using stock prices and exchange rates on March 5, 2021: #1 | Alexey Mordashov & family NET WORTH: $29.1 BILLION SOURCE OF WEALTH: STEEL, INVESTMENTS The son of two Soviet steel mill workers, Mordashov is the majority shareholder of steel company Severstal, where he was CEO for 19 years until stepping down in 2015. The stock is up 72% since last year’s list, helping propel Mordashov from the fourth richest Russian to the country’s richest person. #2 | Vladimir Potanin NET WORTH: $27 BILLION SOURCE OF WEALTH: METALS Potanin is credited with authoring the controversial “loans...

KEY POINTS • Russian President Vladimir Putinearns an annual salary of$140,000, according tothe Kremlin • Fund manager Bill Browder testifiedthatthe politician could be worth an estimated $200 billion • Putin hasdenied claims that his wealth is in the billions While Russian President As Russian attacks continue to pound cities in Ukraine, more questions have been raised about Putin and his wealth. Official disclosures from the Kremlin claimed the Russian president currently earns an annual salary of $140,000 and owns three cars, a trailer and an 800-square-foot apartment in St. Petersburg, Information publicly released by the Central Election Commission of the Russian Federation also showed that Putin earned 38.5 million rubles between 2011 and 2016, Putin said his income came from his official salary and a military pension, as well as income from saving accounts and shares. However, Putin is rumored to own assets that seem well above what he can afford on his salary. He has been photographed sporting Patek Philippe's $60,000 Perpetual Calendar watch and is said to own a $500,000 A. Lange & Sohne Toubograph, Fortune noted. Putin allegedly also owns 20 other houses, 700 cars, 58 aircraft and helicopters, including a $716 million plane, as well as a $100 million megayacht, the outlet reported. Among the properties Putin allegedly owns is a 190,000-square-foot mansion that sits atop a cliff that overlooks the Black Sea. The estate allegedly cost $1.4 billion to construct and ...

• The 10 richest Russian billionaires in the world, • They are investors, businessmen, and owners of popular football clubs. • Some of these men also have close ties to Russian President Vladimir Putin, who is conspicuously absent from the list. • Meet the 10 richest known Russian billionaires in the world. • The richest Russian people in the world are ultra-wealthy businessmen and investors with stakes in minerals, large banks, and even popular football clubs. One name, however, is conspicuously absent: President Vladimir Putin. There is no definitive answer on how much the Russian head of state is worth. In 2019, Quartz described Putin's net worth, as based on financial disclosures released by the Kremlin, as Here are the 10 richest people in Russia that we know of. Mikhail Fridman, Chairman of Supervisory Board of Alfa Group Consortium and Member of Supervisory Board of Х5 Retail Group, applauds during a ceremony as Х5 Retail Group starts trading on Moscow Exchange in the city of Moscow, Russia February 1, 2018. REUTERS/Sergei Karpukhin Net worth: Age:56 Industry: Source of wealth: Self-made; oil, banking, telecom Net worth year-over-year change: Down by $292 million. In 2017 Fridman Peter Kovalev/TASS via Getty Images Net worth: Age:63 Industry: Source of wealth: Self-made; metals, energy Net worth year-over-year change:Down by $6.39 million. Vekselberg heads an investment company with a stake in the largest aluminum producer in Russia, owns several regional airports, ...