Is Russia President Vladimir Putin The World’s Wealthiest Man?

Russian President Vladimir Putin appears to be a reasonable statesman with a moderate salary on paper. 69-year-old Vladimir Putin is said to be paid $140,000 per year by the Kremlin. An 800-square-foot apartment, a trailer, and three cars are among his openly stated assets.

Who made these accusations against Putin?

However, some experts believe he could be the world’s richest man, with fortunes worth up to $200 billion. However, he is frequently referred to as the wealthiest man. In 2017, the finance and fund managing firm Hermitage Capital Management estimated Putin’s net wealth to be $200 billion. Bill Browder, the company’s CEO, made the statement before the US Senate Judiciary Committee. Browder was a major stakeholder in Russia throughout the 1990s, resultantly his remarks concerning Putin and Russia are considered legitimate.

Assets owned by Vladimir Putin

Due to his extravagant way of living, rumors concerning the Russian President’s obscene wealth continue to circulate. Putin is seen flaunting a high wristwatch, such as a $60,000 Patek Philippe Perpetual Calendar. In an article centered on a recording leaked by Russian opponents group Solidarity ten years ago, ABC News claimed that Putin possesses fine watches worth $700,000, which is roughly six times his authorized income. Putin is said to have a magnificent 190,000-square-foot home perched above a rock overlooking the Black Sea. This beachfront estate is said to be the nation’s finest private mansion, and it operates as his castle, affectionately known as “Putin’s Country Cottage.”

The asset is Putin’s play and, with altarpiece roofs, a marble swimming pool surrounded by figurines of Greek gods, a 27,000-square-foot country house, spas with customary bathhouses, a musical parlor, fitting dormitories for all of his staff, an amphitheater, a state-of-the-art ice hockey ice arena, a Vegas-style casino, a nightclub with stripper poles, a barroom highlighting about $100,000

The majority of the estate is said to be outfitted by Citterio Atena, an exclusive luxury Italian company, comprising Louis-XIV inspired furniture pieces, $500,000 in dining area furnishings, and a $54,000 bar table. It also includes luxury $850 Italian toilet cleansers and $1,250 toilet paper racks in the restrooms.