Vladimir Putin Net Worth in 2019

Easily considered one of the strongest world leaders we took a look at Vladimir Putin Net Worth and the number, unsurprisingly, matches the man!

Vladimir Putin Net Worth in 2019

$70 billion

Politician

Russia

October 7, 1952

Russian

    Serving his second term as the president of Russia, Vladimir Putin is a man of mystery currently involved in the “taking back” of the Crimean peninsula from Ukraine.Although mostly criticized by the rest of the world leaders, Putin leads one of the world’s super powers and is deeply respected contrary to his controversial reputation.

 

     Credited with the “Restructuring of Russia” not only he managed to awaken the Russian Giant but re-earn the respect Russia seemed to have lost in the previous period. After graduating for law school he was recruited by KGB ( Russian Secret Services ) where he served for over 16 years, slowly but surely advancing his political career. In 2000 he wins election and moves in as the president of Russia. In the next years, Putin has used his power and Russia’s resources to grow both his influence and the economy at this moment controlling over a third of the world’s gas reserves.

 

     In 1975, Putin joined the KGB and trained at the 401st KGB school in Okhta, Leningrad. After training, he worked in the Second Chief Directorate, before he was transferred to the First Chief Directorate, where he monitored foreigners and consular officials in Leningrad. In September 1984, Putin was sent to Moscow for further training at the Yuri Andropov Red Banner Institute. From 1985 to 1990 he served in Dresden, East Germany, using a cover identity as a translator. Masha Gessen, a Russian-American who has authored a biography about Putin, claims "Putin and his colleagues were reduced mainly to collecting press clippings, thus contributing to the mountains of useless information produced by the KGB". According to Putin's official biography, during the fall of the Berlin Wall that began on 9 November 1989, he burned KGB files to prevent demonstrators from obtaining them.

 

     On 28 June 1991, he became head of the Committee for External Relations of the Mayor's Office, with responsibility for promoting international relations and foreign investments and registering business ventures. Within a year, Putin was investigated by the city legislative council led by Marina Salye. It was concluded that he had understated prices and permitted the export of metals valued at $93 million in exchange for foreign food aid that never arrived. Despite the investigators' recommendation that Putin be fired, Putin remained head of the Committee for External Relations until 1996. From 1994 to 1996, he held several other political and governmental positions in Saint Petersburg.

 

    Most of the main Gas and Oil previously state-owned companies have been privatized, the president owning a stake in each of the big players. Unofficial sources state that he owns more than the 1.5% of Gazprom, the unofficial numbers being close to 5-7% and other large stakes that have been under written not in his name, which would take Vladimir Putin Net Worth 2017 in the range of $100 Billion making him the richest man in the world at this point.

 

     Vladimir Putin’s Net Worth is the highest among his peers making him the richest president in the world and also the richest politician of them all.With Russia controlling the gas supply to Europe the European Union struggles with Putin’s aggressive economic uprising.