Vladimir Putin Net Worth | Biography

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How would it feel like to be the most powerful man in the world in 2017? How much his net worth? How rich is world’s most powerful man? Well, let us tell you that the answer to this question would be best answered by the man himself, Russian President Vladimir Putin.

President Putin is in the same post which he held previously from 2000 to 2008. He re-assumed the post of President in 2012. He is also the chairperson of the ruling party in Russia, the United Russia Party. He is the man responsible for the Russian renaissance and that is why he is hugely respected among the folklore worldwide.

He takes absolute no nonsense and is not afraid of taking harsh measures for the benefit of his people. And his strikes against Ukraine and the ISIS bombings are a testament to this very fact. Now see how he started his journey of being world’s most powerful man and also being the richest man in the world.

How much is Vladimir Putin’s Net Worth in 2017? + Biography

 

 russian president Vladimir Putin net worth biography

Name - Vladimir Vladimirovich Putin

D.O.B. - 7th October, 1952

Place of Birth - Leningrad, USSR

Profession - Russian Politician and Businessman

Mother - Maria Shelomova

Father - Vladimir Spiridonovich Putin

Spouse - Lyudmila Shkrebneva (m. 1983-2014)

Children - 2 daughters, Maria and Katerina

Education - St. Petersburg State University

Height - 6ft 3 inches

 

 

 

Putin is graduated from St. Petersberg State University in 1975 with law as his major subject. Later, he was recruited in the KGB, which is the chief security agency in Russia.

By May 1990, Putin was involved in the state affairs as he served as advisor on international affairs to Mayor Sobchak. In 1999, Putin served as the acting Prime Minister for the first time and as time had it, in 2000, Putin won his first Presidential elections. He would go on to win his second consecutive Presidential term in 2004 when he won with 71% voting in his favor.

In 2008, Putin could not stand for the elections as the constitution did not allow him to stand for a third consecutive time. Hence, he served as the Prime Minister from 2008-2012. But, in 2012 he again won the Presidency elections.

 

Breakdown of the Vladimir Putin Net Worth

Russian President Vladimir Putin is not only the most powerful man in the world, he is also one of the richest in the world with a cumulative net worth of more than $70 Billion (as of 2017). Though, it was recently claimed that Putin’s total worth is to the tune of $200 Billion, includes his hidden assets too.

Whether it is 70 Billion or 200 Billion remains a question. But, still, even $70 Billion is an amount which is literally out of anybody’s imagination. Let us find out as to how Putin has managed to own such a huge fortune.

 

How much is President Putin’s salary?

Starting with salary, then Vladimir Putin earns around $200,000 per annum from his salary, whereas his bank deposits say that he has around $180,000 in the lockers. But, then these numbers do not really make $70 Billion, right? So, take a look at his other wealth resources.

 

 

What are President Vladimir Putin’s main income resources?

The catch is that Putin made almost every public sector, a private entity in Russia. Most importantly, the oil and gas sectors were privatized and Putin holds large stakes over these companies.

The most notable of his holds are in Gazprom, Surgutneftegas and Gunvor.

He holds 15% shares in Gazprom which is around $152,000,000,000.

His stakes in Surgutneftegas are calculated to be about 37% and that is worth $20,000,000,000.

Whereas the stakes at Gunvor are 50% under Putin which make the total $80,000,000,000.

Now, this shows as to from where Putin is the richest in Russia and one of the richest in the world. Well, if we include grants by the party and other entities, then I am sure Putin is going to be the richest in the world, beyond a doubt. Watch this and clear all doubts!

 

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Vladimir Putin’s main known assets!

President Vladimir Putin Palaces:

vladimir putin palace on the Black Sea coast of Russia

Putin owns a magnificent palace on the Black Sea coast of Russia. It is also called the Palace on the Idokopas Cape. And when we call it a palace, then it obviously means that it would have every luxury known to man. The building has been priced at $1 Billion.

Note: He owns about 19 more palaces like this one....Surprising Enough?

 

Vladimir Putin Yacht’s + Planes and Cars collection

vladimir putin yacht Olympia

Putin's Yacht Olympia

There should not be any surprise when we tell you that Putin is touted to be the modern day Czar. Well, Czar lives in palaces and so do Putin.In current scenario, where celebrities turn up in lavish luxury cars, make no mistake, Vladimir Putin is nothing short of a celebrity. Putin has got a different taste. For he owns a yatch, named Olympia and the total cost of Olympia is about $37 Million.

When it comes to the coupes, then Putin prefers Russian made cars. So, here the BMWs and the Audis have gone for a toss. A very interesting part of Putin’s life is that Putin got his first car from his mother, which she had won in a lottery.

vladimir putin lada kalina car

Putin's Lada Kalina Car

vladimir putin volga car

Putin's Volga Car

vladimir putin niva car

Putin's Nova Car

Today, Putin has a Lada Kalina, Volga and Niva as the crowing jewel of his garage. Though it has also been claimed that he has more than 700 cars and 43+ planes too.

 

Putin’s Assets Summary:

Huge Palaces - 20

Luxurious Yacht - 4+

Cars in collection – 700+

Planes and Helicopters – 43+

Hmmm, it’s an amazing thing to think that how is it possible to have that much assets in one life. Just Imagine….. :-D

Vladimir Putin Hobbies & Interests

Putin is quite an active man; given the responsibilities he has. But, still, he manages to take some time out for his hobbies. He loves animals and has approved numerous science projects to save animals. He loves fishing, horse riding and water rafting.

He also has keen interest in sports, especially the ice sports. You can always spot him in ice rink or doing skiing in his leisure times. He has a special interest in watches and he always wear Lange & Sohne made watches.

 

 

Conclusion:

Well, this is what Vladimir Putin is all about. He has not only won and earned money, but he has won Russia by making it great again. You might have got an idea as to how popular Putin is in Russia. Being elected to the two most important posts of any nation is itself evidence that Putin is highly respected and desired among the Russian folklore. He finally managed to be the boss and is it really matters, whether he deserves it or not? Answer, is up to you!

So, we did our job and it’s your turn now. Please do Like, Share and Comment this post and don’t forget to watch the exclusive video about Vladimir Putin (above.)

Still not satisfied?

Some more important links about Vladimir Putin:

Putin’s Wiki | Official Bio | Twitter | Facts and more by History

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