Vladimir Putin’s net worth 2022 : Age & Wikipedia
What is Vladimir Putin’s net worth?
Kremlin claims Russian president earns $140,000 a year – but others estimate his net worth at over $200bn.
Name | Vladimir Putin |
Popularity | Russian President |
Net Worth: | $70 Billion |
Salary: | $187 Thousand Per Year |
Date of Birth: | Oct 7, 1952 (69 years old) |
Gender: | Male |
Height: | 5 ft 6 in (1.7 m) |
Profession: | Politician |
Nationality: | Russia |
Vladimir Putin’s wealth: $1.4bn mansion, 700 cars, 58 aircraft, and more

In 2017, financier Bill Browder claimed Vladimir Putin is worth $200 billion. He testified before the U.S. Senate Judiciary Committee and said Putin was the “richest man in the world” as a result of “terrible crimes” his government committed.

What this ongoing war has led to people around the globe talking about, is Putin’s wealth. The Russian president’s net worth has been debated over the years with rumours of him being the richest man in the world. However, he was never on any official list including Forbes.
In 2015, a Forbes spokeswoman told Newsweek, “Vladimir Putin is not on the (Forbes Billionaires) list because we have not been able to verify his ownership of assets worth $1 billion or more.”
Officially, Putin earns a salary of $140,000 annually. He has publicly disclosed assets of an 800-square foot apartment, a trailer, and three cars. He stays at a 1,600-square-foot apartment in Moscow, according to Fortune.
But his lifestyle tells a different story.
$716 million worth ‘Flying Kremlin’
Putin, who has been Russia’s President since 2012, is often seen sporting luxury watches and is rumoured to own a 190,000 square-foot, $1.4 billion worth mansion atop a cliff overlooking the Black Sea, 19 houses, 700 cars, 58 aircraft and helicopters including a $716 million plane called “The Flying Kremlin” that has a toilet made of gold, $100 million mega yacht designed by a nuclear submarine maker from the Russian navy, according to several reports.
Earlier this month, Fortune’s report said Putin has been pictured wearing Patek Philippe’s Perpetual Calendar watch worth $60,000 and allegedly owns a $500,000 A. Lange & Sohne Toubograph, as well as other fancy designs.
The video of the Black Sea mansion called “Putin’s Palace” had gone viral in January 2021. Putin, however, denied that the mansion belonged to him. “Nothing that is listed there as my property belongs to me or my close relatives, and never did,” he had said and termed the video “boring”.
The mansion, designed by Italian architect Lanfranco Cirillo, reportedly has a helicopter launching pad, underground tunnels, frescoed ceilings, a marble swimming pool, an amphitheatre, an ice hockey rink, Vegas-style casino, nightclub, and more.
Most of the mansion is reportedly decorated by an exclusive luxury Italian brand called Citterio Atena including Louis XIV style sofas, $500,000 in-dining room furniture, and a $54,000 bar table. It even has decked-out bathrooms with fancy $850 Italian toilet brushes and $1,250 toilet paper holders. On top of all the extravagant furnishings, an annual $2 million is spent just to maintain the property’s landscaping by a 40-person staff, according to Fortune.
According to a Reuters investigation, the money for the luxury mansion came from Russia’s 1.3-trillion-ruble “Health” project which bought medical equipment like high-tech medical scanners at two or even three times higher than the market price from a company owned by Putin’s friends.
‘Putin is worth $200 billion’
In 2017, founder and CEO of Hermitage Capital Management, Bill Browder claimed that Putin is worth $200 billion. He testified before the U.S. Senate Judiciary Committee and said Putin was the “richest man in the world” as a result of “terrible crimes” his government committed.
“I believe he is worth $200 billion. The purpose of the Putin regime has been to commit terrible crimes in order to get that money, and he doesn’t want to lose that money by having it frozen. So he is personally at risk of the Magnitsky Act,” Browder, who was an investor in Russia, said.
In an interview to CNN in May 2018, Browder had talked about Putin’s luxury watch collection. “Putin’s visible watch collection is worth multiples of his official salary. The wealth came as a result of extortion and massive theft from state funds.”
While Putin’s net worth remains a mystery to date, he had once brushed aside all the rumours and said, “I am the wealthiest man, not just in Europe but in the whole world: I collect emotions. I am wealthy in that the people of Russia have twice entrusted me with the leadership of a great nation such as Russia. I believe that is my greatest wealth.”
Early Life
Vladimir Vladimirovich Putin was born on October 7, 1952 in Leningrad, Russian SFSR, Soviet Union (what is now Saint Petersburg). His mother Maria was a factory worker, and his father Vladimir Spiridonovich was a conscript in the Soviet Navy. He began practicing the martial arts of Judo and sambo at age twelve, and is a Judo black belt. Having studied German at Saint Petersburg High School 281, he speaks German fluently.
Putin studied Law at Leningrad State University (not Saint Petersburg University), graduating in 1975. 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. He was greatly influential in Putin’s career.
Political Career
After earning a law degree, Putin’s career in politics began with a 16 year stint serving in the KGB. He 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. Following that, under the cover identity of a translator, he served in Dresden, East Germany from 1985 to 1990. He relocated to Leningrad after the collapse of the Communist East German government, reconnecting with Anatoly Sobchak while at his post at the International Affairs section of Leningrad State University. Putin claims that on the second day of the 1991 coup attempt against then-President Mikhail Gorbachev, he resigned from the KGB because he did not agree with what had happened and no longer wished to be part of the intelligence operation of the new post-coup administration.
Vladimir Putin’s Secret Billion Dollar Fortune
Official disclosures list Putin’s annual Presidential salary at $187,000 (5.8 million rubles). In 2012, he reported an income of 3.6 million rubles ($113,000). 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. Putin’s ex-wife Lyudmila controls bank accounts totaling $260,000. In total, they claimed their net worth totaled less than $500,000
Vladimir Putin Net Worth:
$70 Billion
Vladimir Putin’s Salary
$187 Thousand Per Year
What is Vladimir Putin’s Net Worth?
Vladimir Putin is a Russian politician who has a net worth of $70 billion dollars. During his career, which includes stints serving as both President and Prime Minister of Russia, he has earned a very controversial international reputation. He is currently serving his second term as the President of Russia, which began in 2012.
Early Life
Vladimir Vladimirovich Putin was born on October 7, 1952 in Leningrad, Russian SFSR, Soviet Union (what is now Saint Petersburg). His mother Maria was a factory worker, and his father Vladimir Spiridonovich was a conscript in the Soviet Navy. He began practicing the martial arts of Judo and sambo at age twelve, and is a Judo black belt. Having studied German at Saint Petersburg High School 281, he speaks German fluently.
Putin studied Law at Leningrad State University (not Saint Petersburg University), graduating in 1975. 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. He was greatly influential in Putin’s career.
Political Career
After earning a law degree, Putin’s career in politics began with a 16 year stint serving in the KGB. He 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. Following that, under the cover identity of a translator, he served in Dresden, East Germany from 1985 to 1990. He relocated to Leningrad after the collapse of the Communist East German government, reconnecting with Anatoly Sobchak while at his post at the International Affairs section of Leningrad State University. Putin claims that on the second day of the 1991 coup attempt against then-President Mikhail Gorbachev, he resigned from the KGB because he did not agree with what had happened and no longer wished to be part of the intelligence operation of the new post-coup administration.
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. From there, he continued to build his political career through various political and governmental positions. In July 1998, then-President Boris Yeltsin appointed Putin as Director of the Federal Security Service (FSB), which is the successor to the KGB and the primary intelligence and security organization of the Russian Federation.
He was appointed acting Prime Minister of the Government of the Russian Federation by Yeltsin on August 9, 1999, and later that day Putin agreed to run for the presidency after Yeltsin stated his desire to see Putin as his successor. His first Presidential term lasted from 2000 – 2008. Putin was also Prime Minister of Russia from 1999 – 2000 and again from 2008 – 2012. Over the years Putin has earned a very controversial reputation. He is frequently criticized by other world leaders and political experts for his handling of human rights and foreign policy issues. Many westerners have called the circumstances under which he has continued to hold office in Russia “undemocratic”. 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.
(Photo by Peter Muhly – WPA Pool/Getty Images)
Vladimir Putin’s Secret Billion Dollar Fortune
Official disclosures list Putin’s annual Presidential salary at $187,000 (5.8 million rubles). In 2012, he reported an income of 3.6 million rubles ($113,000). 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. Putin’s ex-wife Lyudmila controls bank accounts totaling $260,000. In total, they claimed their net worth totaled less than $500,000
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. 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. His most vocal critics assert that Putin has leveraged his power to acquire a 4.5% ownership stake in natural gas producer Gazprom, a 37% stake in oil company Surgutneftegas and 50% stake in Swiss oil-trader Gunvor. Gazprom alone does over $150 billion in revenue annually, Guvnor does $80 billion and Surgutneftegas over $20 billion. Using their most recent market capitalizations, Putin’s combined ownership stakes would give him a personal net worth of $70 billion.
Personal Life and Public Image
Putin married Lyudmila Shkrebneva on July 28, 1983. They lived in East Germany from 1985 to 1990, where their daughter Yekaterina Putina was born. Their other daughter, Mariya Putina, was born in Leningrad. They announced their divorce in June 2013, and confirmed it had been finalized in April 2014.
His public image is fairly unique for a politician, largely characterized by his “macho” outdoorsy image. He has been famously shirtless on several occasions or engaging in various dangerous and extreme sports. 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). 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”.