Vladimir Putin is one of the most controversial world leaders currently in power. With his tight grip on Russia, it’s no wonder that he has a net worth of over $200 billion. Here, we take a look at everything you need to know about Putin’s finances and recent affair news.
Vladimir Putin’s Early Life
His father, Vladimir Spiridonovich Putin, was a KGB officer and his mother, Maria Ivanovna Putin, worked as a typist. The family moved to Moscow in the early 1960s where Putin began his education at the First Moscow State School of Mechanics and Technology. He then attended Leningrad State University where he studied law.
In 1976, Putin became head of the St. Petersburg branch of the KGB. In 1983 he joined the Soviet political elite when he was elected secretary general of the Russian Communist Party. Two years later he was appointed prime minister of Russia by Mikhail Gorbachev. As prime minister, Putin led Russia during its turbulent transition from communism to capitalism and helped rebuild the country after the 1991 Soviet Union collapse.
Putin served two terms as president (2000-2008) before being re-elected in 2012 for another term that ended in 2024. During his presidency, Putin has focused on restoring Russia’s global prestige and standing after its failed attempt to become a superpower during the 1990s. He has also implemented controversial social reforms such as increased regulation of the media and governing bodies, which some say have brought about increased corruption and decreased freedom in Russia.
Vladimir Putin’s Career
Vladimir Putin has been the President of Russia since May 2000. He was previously Prime Minister from 1996 to 1999 and again from 2000 until 2007. Putin also served as the President of the Russian Federation from 2000 to 2008, when he was re-elected to another six-year term. His current term expires in 2024.
Putin’s early life is shrouded in mystery. He was born on 7 October 1952, in Leningrad (now St. Petersburg), Soviet Union into a family of military officers. After graduating from Leningrad State University with degrees in law and economics, Putin began his professional career as a lawyer working for the Ministry of Internal Affairs (MVD). In 1983, he became Deputy Head of MVD’s First Chief Directorate (FCD), rising through the ranks to become FCD Director by 1991.
In December 1991, following Russia’s Supreme Soviet election that resulted in the loss of political power by the Communist Party, Putin led a successful coup attempt against Mikhail Gorbachev, who had remained president despite losing control over daily government affairs. As head of the newly formed presidency, Putin quickly restored order and laid the foundations for an authoritarian regime that would remain largely unchanged until he was removed from power in 2012.
During his tenure as president, Putin has presided over some significant national events including the Second Chechen War (1999–2009), conflicts in Georgia (2008) and Ukraine (2014–present), and allegations of corruption at
Vladimir Putin’s Personal Life
Since Vladimir Putin has been in power, he has kept a very low profile when it comes to his personal life. That is likely because he is married and has two children. His wife, Lyudmila, is a teacher who also worked as a translator for the Soviet Politburo before they got married in 1985.
He graduated from the Leningrad State University with degrees in law and economics in 1975. From 1975-1978 he served as an aide to the Mayor of St Petersburg.
In 1988, Putin became deputy head of the KGB (the Soviet Union’s secret police agency). 1991, he became head of the FSB (the successor to the KGB). 2003, he became president of Russia and then Miracle Worker in 2007 due to his handling of the Russian financial crisis which followed years of weak economic performance under previous presidents.
Vladimir Putin’s Political Views
Vladimir Putin’s political views are often shrouded in secrecy, but what is known about his beliefs suggests that he would be classified as a conservative. He has advocated for Russian autocracy and strong national security measures, and he has been critical of the United States and its policies.
Putin earned a degree in law from the Leningrad State University in 1975. He served as a deputy prosecutor general from 1999 to 2000 before becoming the prosecutor general of Russia. In 2001, he was appointed president of Russia by then-President Boris Yeltsin. Putin won consecutive presidential elections in 2004 and 2008, restoring rule by presidential decree after Vladimir Putin’s opponents alleged fraud in the 2007 election.
In March 2013, Putin announced that he would run for a third term as president, which was later confirmed by the Russian Supreme Court. As president, Putin has pursued aggressive economic reforms that have resulted in rapid economic growth; however, his critics say that this growth has not benefitted most Russian citizens. In December 2015, Putin was elected to his fourth term as president with 64%of the vote.
Vladimir Putin’s Legacy
As Russia’s president for almost two decades, Vladimir Putin has left a significant legacy. Here are some of the most important things you need to know about him:
1. Vladimir Putin was born in Leningrad on October 7, 1952.
2. He became a KGB officer in 1980 and later served as the deputy director of the organization.
3. In 1991, Putin became the head of the FSB, which later became the country’s secret police force.
4. In 1999, he succeeded Boris Yeltsin as Russia’s president.
5. During his presidency, Putin has worked to rebuild Russia after the collapse of the Soviet Union and subsequent financial crisis.
6. He has also been critical of United States policy towards Russia and has pursued a number of controversial policies, including support for Russian nationalism and close ties with Syria and Iran.
7. On March 18, 2018, Putin announced that he would be running for re-election in 2020; this will be his fourth term as president.
Vladimir Putin Bio
Vladimir Vladimirovich Putin is the current President of Russia and Prime Minister. He has served as the Head of State for 18 years, from 2000 to 2012. Putin was a KGB officer who rose through the ranks to become the Director of Federal Security Service (FSB) in 1998. In 2003, he became Deputy Prime Minister and then First Deputy Prime Minister before being elected President in 2004. Upon completing his second term as president in May 2012, Putin was re-appointed Prime Minister and again appointed Head of State, serving until March 2018. During his time as President and Prime Minister, he has overseen significant political and social changes in Russia.
Vladimir Putin’s Wife
Vladimir Putin’s wife, Lyudmila Shkrebneva has a net worth of $70 million. She is the former long-time personal assistant to Vladimir Putin and the couple has three children together. According to Forbes, Putin’s wife earns an annual salary of $110,000.
Vladimir Putin’s Children
Svetlana Putin, 41, is the richest of Vladimir Putin’s three children and according to Forbes, she has a net worth of $70 million. She owns a stake in KommuneOne, Russia’s largest telecommunications company.
Dmitry Putin, 38, is the second richest of Vladimir Putin’s children and he has a net worth of $20 million. He worked as an adviser to his father during his presidential campaign and now works as deputy chairman at Russian oil giant Rosneft.
Youngest son Alexei, 33, is also well-off and has a net worth of $10 million. He co-founded mobile messaging app Vkontakte and served as its CEO until it was sold to Facebook for $3 billion in 2013.
Vladimir Putin’s Net Worth
As of early 2018, Vladimir Putin’s net worth is estimated to be around $70 billion. This wealth comes from his roles as president of Russia, chairman of Gazprom, and other business ventures. Putin has also accumulated massive amounts of property throughout the years, including a sprawling summer home on the Black Sea, an estate in Kaliningrad, and a luxury private airport near Moscow. In addition to his personal fortune, Putin has also amassed a large reserve of cash and assets in offshore accounts.
Conclusion
Here is a comprehensive list of everything know about Russian president Vladimir Putin’s net worth. As you can see, his wealth has significantly increased in recent years due to his role as the current leader of Russia. This wealth comes from a variety of sources, including his government salary, property investments and lucrative business deals. Keep in mind that this information is subject to change at any time, so be sure to check back for updates on Vladimir Putin’s net worth