Source of wealth: Self-made; oil, banking, telecom. On August 20, 1991, resigned from the KGB with the rank of Lieutenant Colonel. Vladimir Putins net worth is over $70 Billion and is reflective of his lengthy political career. NET WORTH: $29.1 BILLION. Vladimir Putin won in the first round with 53% of the votes. Save my name, email, and website in this browser for the next time I comment. Having studied German at Saint Petersburg High School 281, he speaks German fluently. He is currently serving his second term as the President of Russia, which began in 2012. Top editors give you the stories you want delivered right to your inbox each weekday. Putin earned $135,000 in 2021. On Tuesday, The Guardian carried a piece which had a photo of a 140-metre-long, six-floor super yacht in Italy, also believed to be owned by Putin. This is roughly $463,000 when converted using the current exchange rate. Please only use it for a guidance and Vladimir Putin's actual income may vary a lot from the dollar amount shown above. Mikhelson owns close to 60% of the company. His inauguration took place on May 7, 2000. He's married to Serbian pop singer Aleksandra Nikolic. Vladimir Putin Net Worth 2021 Vladimir Putin 's His publicly disclosed assets include an 800-square foot apartment, a trailer, and three cars. Still, Putin has been fairly popular among the Russian people ever since taking over as President in 1999 following the surprise resignation of Boris Yeltsin. One name, however, is conspicuously absent: President Vladimir Putin. VIP+ Analysis: While many previously state-owned industries were privatized, Putin allegedly has used his power to build large secret ownership stakes several multi-billion dollar commodity firms. Many people ask about the amount of money Vladimir Putin makes from Instagram. Putins political career began in 1990 when he was appointed as an advisor of international affairs to the Mayor of Leningrad. In 2012, he reported an income of 3.6 million rubles ($113,000). Source of wealth: Self-made; EuroChem; coal, fertilizer. At the age of 12 years old, he was already practicing judo and sambo. He has donated north of $2 billion to charity. However, in 2012 he was appointed President for a third term and is currently in his fourth term. Deorro is an American DJ Heres a look at Roman Reigns, one of the richest wrestlers on the planet, what hes worth and what he spends on his glamorous lifestyle. Id say hes cheap at half the price. Wanna follow Vladimir Putin's net worth? He holds stakes in the Chelsea Football Club. Source of wealth: Self-made; Norilsk Nickel; metals. On March 14, 2004, Vladimir Putin was re-elected for his 2ndterm after receiving 71% of the vote. Putin also led Russia during a war against Chechen separatists, reestablishing federal control of the region. Alexander Gustafsson is among the greatest mixed martial artists to come from Sweden, as well as one of the greatest to never win a title in the UFC. Net worth year-over-year change: Down by $6.19 billion. In 1992, he joined forces with another Russian billionaire, Mikhail Prokhorov, to found Onexim Bank, one of the largest private banks in Russia. He started school at School No. Net Worth: $70 billion: Age: 69: Salary: $187,000 per year: Sponsors: N/A: However, some of the attendees claimed that they were paid to come, forced by their employers, or were misled into believing that they were attending a folk festival. Meet the 10 richest known Russian billionaires in the world. Last years richest and second richest RussiansVladimir Potanin and Vladimir Lisineach slid down one spot, to second and third, respectively. He was reelected in 2004. Overnight on Wall Street is daytime in Asia. He began practicing the martial arts of Judo and sambo at age twelve, and is a Judo black belt. SOURCE OF Despite widespread accusations of vote-rigging, Vladimir Putin won the 2012 elections on March 4, 2012, with 63.6% of the vote. Vladimir is a Russian politician and is currently the longtime president of Russia. In 2010, Mikhelson and his business partner, Gennady Timchenko, a billionaire who has close ties to President Putin, entered into negotiations to acquire Sibur, Russian's largest petrochemical firm. The Kremlin says his annual income is about $140,000 not an immodest figure in Russia, though hardly one that could keep Putin sporting his rotation of luxury He's described as having a "favorable relationship" with President Putin. Apart from reports about the Black Sea mansion, the 69-year-old Russian President also rumoured to be the owner of 19 other houses, 700 cars, 58 aircraft and helicopters. Vladimir Putin had a telephone conversation with President of the European Council Charles Michel https://t.co/rQBJSZRNPy, Meeting with Head of the Federal Medical-Biological Agency Veronika Skvortsova: the AmpliTest system and the Mir-19 https://t.co/TDFcDpmucP, Telephone conversation with Prime Minister of Israel Naftali Bennett: situation around Ukraine, negotiation process https://t.co/EXaSBfIq0M, Working meeting with Deputy Prime Minister Dmitry Grigorenko: improving control and oversight activities in Russia https://t.co/zL28JwYqL4, The President discussed over the telephone the course of the special operation in Ukraine with the leaders of Franc https://t.co/tjXt0LjRgf, #Kremlin: Vladimir Putin and President of Belarus Alexander Lukashenko discussed developments in Ukraine https://t.co/7W71K8ankb, Katalin Novak became the new President of Hungary. On December 22, 2020, he signed a bill giving lifetime prosecutorial immunity to Russian ex-presidents. Lisin is wealthier too, up by $8.1 billion as shares of Novolipetsk Steel, which he chairs, have climbed by 110%. His time as their leader raised a lot of issues spanning from political to humanitarian problems. Some sources have placed the number as high as $200 billion. When the partners separated in 2000, Lisin got a majority stake in Russia's publicly traded Novolipetsk Steel. A man of many investments, Usmanov holds stakes in a number of wildly successful startups like Airbnb, Alibaba, and Spotify. As of May 2023, Vladimir Putins net worth is estimated to be $70 Billion. You cant guess his age by looking at his face. Normally the ad cost for an Instagram ad post is based on the number of followers on the account. Business The Kid Laroi overcame a difficult childhood to become Australias most successful rapper and is set to become even wealthier from his enormous talent. What is Cori Gauff's net worth? Please only use it for a guidance and Vladimir Putin's actual income may vary a lot from the dollar amount shown above. He was also a member of the KGB, the main security agency of the Soviet Union, from 1975 until 1991 when he resigned to begin a political career. He was not officially affiliated with any political party but pledged support to the Union party. In the sporting world, the UEFA Champions League Finals which was set to be held in Saint Petersburg will now be moved to a different location due to Russias action. He is also famous for his "Putinisms", aphorisms that come from his unique use of the Russian language (similar to how George W. Bush is famous for his malapropisms here in the United States). 2008 saw the second premiership for Putin, as he was not allowed to run for a third term due to the Constitution. Like with his net worth and investments, Vladimir Putin has remained discreet about his possessions too. Alekperov, a former Caspian sea oil rig worker, became a deputy minister overseeing the oil industry in the Soviet Union before taking three large state-controlled oil fields and setting up Lukoil in the 1990s. His grandfather, Spiridon Putin, was a personal cook to Vladimir Lenin and Joseph Stalin. Putins political career began early in the 1990s, and his popularity has continued to grow. On December 31, 1999, Yeltsin unexpectedly resigned and Putin became acting president according to the Constitution of Russia. Net worth: $14.8 billion Age: 63 Industry: Energy Source of wealth: Self-made; metals, energy Net worth year-over-year change: Down by $6.39 million. He also owns shares in TUI AG, a German tourism company. He is currently on his fourth term as President and has implemented several significant changes to the country. 10 spot in Russia. 2023 Celebrity Net Worth / All Rights Reserved. .. Advertisement .. $700 Million Super Yacht, 58 Planes: Expensive Things Owned By Vladimir Putin, Watch: Heated Exchange Between Virat Kohli, Gautam Gambhir After IPL Game, Opinion: Byju's - When Ambition Overrides Good Governance And Ethics, How 4 AM Breakfast Orders Helped Mumbai Cops Bust Fake Call Centre, Public Opinion: Joblessness, Poverty Biggest Factors For Voters In Karnataka, Video Of Woman Dancing To A Punjabi Song Inside Delhi Metro Goes Viral, Watch: "Dismissal That Had World Talking!" Putin's ex-wife Lyudmila controls bank accounts totaling $260,000. The first Presidential Decree that he signed was titled On guarantees for the former president of the Russian Federation and the members of his family, which basically ensured that the corruption charges of Yeltsin and his relatives will be dropped. Net worth year-over-year change: Down by $582 million. Introduction Here is the list of top 10 richest presidents in the world as of March 2023. He was also one of the nations wealthiest government employees with an estimated net worth of $550 million, earning a spot on Forbes Russian rich list in 2021. Putin also claims to have a relatively meager net worth consisting of $180,000 in a savings account, a few Russian-made automobiles and a 16,000 square foot plot of land in the Moscow suburbs. He was greatly influential in Putin's career. Source of wealth: Self-made; Novatek; gas, chemicals. The Kremlin claims Putin earns an annual salary of $140,000, while his publicly disclosed assets include an 800-square-foot flat in St Petersburg, a trailer and three cars. Russian Spetsnaz troops in Red Square during the Victory Day military parade in May 2021. Despite enormous wealth, Putin not sanctioned by West. | To the Point, Vladimir Putin smirks as hes asked about sending everyone to heaven in nuclear war, Here's The Awkward Moment When Vladimir Putin Got A Puppy As A Gift | TIME, Putin gives NATO taste of its own medicine; Seizes Finnish, German assets in Russia | Watch, What was Vladimir Putin like 20 years ago? Melnichenkos first business venture was a chain of currency-exchange booths started in the 1990s. He has been bankrolling it ever since, but now plans to monetize the famously free and privacy-minded app. Usmanov made his first fortune producing plastic bags, a scarce commodity in the former Soviet Union. The claims about the Russian President's ridiculous amount of money keep doing the rounds due to the lifestyle that he leads. Officially, the Kremlin has mentioned that Putin earns an annual salary of $140,000, according to Fortune. Russia also hosted the 2018 FIFA World Cup. Here are the 10 richest people in Russia that we know of. Net worth year-over-year change: Down by $1.71 billion. During his reign, many Russian insiders and experts believe that Putin has used his power to do a little more than improve life for the common Russian citizen. Vladimir Putins net worth in 2022 is estimated to be at a whopping $70 billion. #1 | Alexey Mordashov & family. Died Nikolay Bortsov, one of the richest deputies of the Russian State Duma He died at the age of 78. Multiple sanctions were given to Russia and Putin personally as a response to his actions. He rebounded by betting on Polyus, Russias largest gold producer. Much is left to be said about Vladimir Putins reign in Russia. He founded USM, his investments and holding company, in 2012. In a 2004 story, Peter Maass wrote for the New York Times that Alekperov "has a laser stare that could melt an iceberg. Potanin has been married twice and has seven kids. Lisin derives most of his wealth from his stake in Novolipetsk Steel, Russia's largest steelmaker. A trained economist, Kerimov made a career investing in distressed companies in Russiauntil big bets on investment banks just before the 2008 financial crisis cost him billions. Yoel Romero used his wrestling skills to become one of the best middleweight division fighters of his generation in the UFC. articles a month for anyone to read, even non-subscribers! Melnichenko owns two yachts, one of which is worth $300 and resembles a submarine. Sobchak, his former professor, soon became the Mayor of Leningrad, and Putin was appointed as head of the Committee for External Relations of the Mayor's Office. That would have totaled $21 million (versus $21.6 million in 2021 ), except that Shell forfeited all his stock and options with his termination. Ten years ago, ABC News carried a report based on a video released by Russian opposition group Solidarity, in which it said that Putin owns luxury watches worth $700,000 - about six times his official salary. Using their most recent market capitalizations, Putin's combined ownership stakes would give him a personal net worth of $70 billion. According to reports, Bakalchuk had an estimated net worth of $13.3 billion in 2021. They were surpassed by two big gainers: Pavel Durov and Suleiman Kerimov. We welcome all corrections and feedback using the button below. Suleiman Kerimov takes the No. That included his base annual salary of $2.3 million, $21.1 million worth of stock option awards, $10 million in stock awards and a $6.9 million bonus. He was not allowed to run for a third term by the Russian Constitution. It was while at university that he met Anatoly Sobchak, co-author of the Russian constitution, who was an assistant professor that taught business law. a yacht, and other Its been a good year for Russias ultra-rich. Known as Russias Zuckerberg, Durov founded social network VK at age 22 and cashed out before creating messaging app Telegram in 2013. Source of wealth: Self-made; steel, telecom, and investments. On February 24, 2022, Vladimir Putin announced in a televised address that Russia will hold a special military operation in Ukraine, launching a full-scale invasion of Ukraine. WebPresident Vladimir Putins innermost circle is estimated to have amassed almost $24 billion away from the public eye, a report has revealed. One example of a "Putinism" occurred during an interview with American journalist Larry King, who asked him what happened to a Russian submarine that had been lost in an explosion Putin answered simply, "she sank". From 1985 to 1990, he served in Dresden, East Germany, where he had a cover identity as a translator. His comments about Putin and Russia are taken seriously as Browder was a major investor in Russia during the 1990s. Mordashov holds a majority stake in Severstal, one of the largest steelmakers in Russia. How much does he have and where does he have it? Stanislav Belkovsky, a Russian political analyst and Putin critic, estimated that Putin had a net worth of $70 billion in 2012 for The Bureau of Investigative They are investors, businessmen, and owners of popular football clubs. The richest is Alexey Mordashov, whose shares in publicly traded steel and mining company Severstal and privately held gold miner NordGold have risen as Russia recovered from the early 2020 Covid crash. Access your favorite topics in a personalized feed while you're on the go. In 2017 Fridman sued BuzzFeed over the publication of the Steele Dossier, parts of which said that the businessman bribed Putin in the 1990s. He has balls of steel, faces Christ knows how many assassination attempts, has given up his life and has to meet up with complete and utter twunts like some poor unfortunate greedy racist perverted country leaders, face global scrutiny,works to make his country a better place, protects wildlife, stops gm shite, is Commander in Chief of the Russian Army. His first presidential term ran until 2004, and his second term ran until 2008. Over the years Putin has earned a very controversial reputation. document.getElementById( "ak_js_1" ).setAttribute( "value", ( new Date() ).getTime() ); Copyright 2014-2023 Wealthy Gorilla | Owned & operated by Wealthy Gorilla LLC | Wealthy Gorilla is a registered Trademark. On top of his work with Mayor Sobchak, he was also appointed the First Deputy Chairman of the Government of Saint Petersburg in March 1994. Sun 3 Oct 2021 12.30 EDT Last modified on Wed 6 Oct 2021 02. As prime minister under Medvedev, he oversaw a war against Georgia and military and police reform. Putin's Russia has scored poorly on Transparency International's Corruption Perceptions Index, the Economist Intelligence Unit's Democracy Index, Freedom House's Freedom in the World index, and the Reporters Without Borders Press Freedom Index. In April 2021, after a referendum, he signed into law constitutional amendments including one that would allow him to run for reelection twice more, potentially extending his presidency to 2036.During Putin's first tenure as president, the Russian economy grew on average by seven percent per year, after economic reforms and a fivefold increase in the price of oil and gas.