Vladimir Putin Net Worth is $70 Billion (Rs 5 Lakh Crore). Vladimir Vladimirovich Putin was born on October 7, 1952, Leningrad, Russia, U.S.S.R is a Russian intelligence officer and a political who served as a President of Russia and as a Country’s Prime Minister. Also check Narendra Modi Net Worth, Uddhav Thackeray Net Worth and Amit Shah Net Worth.
His mother Maria was a factory worker, and his father Vladimir Spiridonovich was a conscript in the Soviet Navy. At the age of twelve he began practicing the martial arts of Judo and sambo and is a Judo black belt. He had studied German at Saint Petersburg High School. Putin studied Law at Leningrad State University and completed his graduation in 1975.
Here, we will discuss the life of Vladimir Putin, his work for various organizations promoted by him, his social and political life, his investments, and most obviously one of the richest person’s wealth and net worth. Vladimir Putin is a Politician and Businessmen. Mr. Vladimir Putin started his Politician career in the year 1992 and until today, he is one of the most loved and appreciated Politicians worldwide in Politics. Wikipedia
Vladimir Putin Net Worth
Vladimir Putin, a Russian politician has a net worth of $70 billion dollars. Putin during his career served as both President and Prime Minister of Russia and has earned a very controversial international reputation.
|Net Worth (2021)||$ 70 Billion|
|Net Worth In Indian Rupees||5 Lakh Crore INR|
|Monthly Income And Salary||$12,000 +|
|yearly Income||$2,40,000 +|
|Last Updated||March 2021|
Putin’s annual Presidential salary is $187,000. In 2012, he reported an income of $113,000. Putin also claims to have a relatively 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.
In 2012, net worth estimated was $70 billion, which would place him second after Bill Gates on the same list.
Whereas Other sources claim that Vladimir Putin’s net worth spins around the unimaginable sum of $200 billion, which would make him the richest man in the world.
He was trained at the 401st KGB school in Okhta, Leningrad. After working monitoring foreigners and consular officials in Leningrad, he was sent to Moscow for further training at the Yuri Andropov Red Banner Institute in 1984. Anatoly Sobchak, co-author of the Russian constitution, who was an assistant professor taught business law to Putin and had a great influence in Putin’s career. On 28th July 1983 Putin married Lyudmila Shkrebneva. They lived in East Germany from 1985 to 1990. They have two daughters named Yekaterina Putina and Mariya Putina.
Putin worked as a foreign intelligence officer for 16 years. He also served in Dresden, East Germany. In 1990 he retired from active KGB service with the title of Lieutenant colonel . In the year 1996 he moved to Moscow to join the administration of President Boris Yeltsin. Before he was appointed as a Prime Minister he had served as a Director of the Federal Security service and as Secretary Of Security council.
After the resignation of Yeltsin, Putin became the Acting President and within four months was elected to his first term as president. Medvedev nominated Putin as the country’s prime minister on May 7, 2008. Russia’s parliament confirmed the appointment the following day. His first Presidential term lasted from 2000 – 2008. He became the Prime Minister from 1999-2000 and again from 2008 to 2012. However, on March 4, 2012, Putin was elected as Russia’s President for the third term. On 7th May 2012 he was inaugurated as the President.
Putin, as a president sought to end corruption and create a strongly regulated market economy. During Putin’s first tenure as a President, there was a huge growth in the economy. The growth in economy was due to an increase in oil price and gas which constitute the majority of Russian exports. Between2008-2012, there was military reforms and police reforms. In 2012, Putin sought a third term as president and won again.
Under Putin’s Presidential ship development included the construction of pipeline, the restoration of the satellite navigation system, and the building of infrastructure for international events. After his term, Putin again received 76% of the vote in the 2018 elections and was re-elected for a six-year term ending in 2024.
Putin has been accused by Human rights organizations for persecuting political critics during his presidency. During US presidential elections in 2016 , Officials of the United States government have accused him of leading an interface program against Hillary Clinton in support of Donald Trump. Still, Putin has been fairly popular among the Russian people ever since taking over as President in the year 1999.
Hence, Vladimir Putin is one of the most rich, powerful and influential people on Earth and has achieved alot in his life.
Frequently Asked Questions
How long has Putin been in power?
1st and 2nd term from 1999-2008 he served as the President. 3rd and 4th term from 2012 -2018 he again served as the President. He was re-elected in 2018 elections to serve till 2024.
How Vladimir Putin came in power?
In 1999 Putin was appointed as the first of Three Deputy Prime Minister and later was appointed as acting Prime Minister.The very next day he agreed to run the presidency
Who was in power before Putin?
Boris Yeltsin had served as the President before Putin.