Vladimir Putin net worth has always been a mystery for the curious minded people out there. For one thing, Russian President Putin has managed to put on a humble, man-of-the-people facade since he served as a politician to his country. But how come many claim that Vladimir could possibly be the richest person in the world? And how much is Vladimir Putin's net worth really?
For many years now, Vladimir has always been touted by other political leaders for his controversial reputation in terms of handling human rights issues and implementing foreign policy issues all the same. His term has even been tagged "undemocratic" by many Westerners. Despite all these, Putin has won the hearts of the Russian people since he became Prime Minister from 1999 to 2000. Following which, he served as President from 2000 to 2008 before he served as Prime Minister once again from 2008 to 2012.
However, Vladimir Putin's net worth didn't really come from his salary as a political figure.
Vladimir's first political exploit was a 16-year stint in the KGB. After which he got appointed as head of the Committee for External Relations of the St. Petersburg Mayor's Office. Celebrity Net Worth reports that Putin's net worth began to substantially increase from there.
As a political figure, he has always put on this "macho" image as he was often spotted shirtless on several occasions and mostly photographed engaging into several dangerous and extreme sports.
Multiple sources report that official disclosures list Putin salary at $187,000 adding that the Russian politician has claimed he only has a meager wealth of $180,000 in his savings account, owns a few Russian-made automobiles, and a 16,000 square foot plot of land in the Moscow suburbs. On the other hand, his wife Lyudmila revealed once that she controls bank accounts totaling to $260,000 only. Nevertheless, Vladimir's wealth was constantly shadowed with controversy.
Many claim that Putin allegedly used his political power to secretly establish multi-billion dollar commodity firms. Critics say he has acquired 4.5% ownership stake in natural gas producer Gazprom and a 37% stake in oil company Surgutneftegas. Calculating his combined ownership stakes, one could generalize that Vladimir Putin's net worth is that of one of the richest billionaires in the world.
So how much is Vladimir Putin's net worth really? According to Celebrity Net Worth and political analyst Stanislav Belkovsky, his wealth amounts to $70 billion.
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