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Putin May Never Appear On The Forbes Rich List But His Personal Wealth Is Bigger Than Bill Gates


Russian President Vladimir Putin is considered to be one the most influential politicians in the world and if recent estimates by experts are to be believed, then he's the world's richest too. The Russian President has been ruling the country for almost 14 years now and it is being estimated that his personal wealth has touched $200 billion, even though nobody actually knows how much the Russian President might actually be worth.

Putin May Never Appear On The Forbes Rich List But His Personal Wealth Is Bigger Than Bill Gates© Reuters

These new figures were first corroborated by Russian fund manager and author Bill Browder, who told the International Business times why Putin's personal wealth is fattening year by year. "After 14 years in power of Russia, and the amount of money that the country has made, and the amount of money that hasn't been spent on schools and roads and hospitals and so on, all that money is in property, bank — Swiss bank accounts —shares, hedge funds, managed for Putin and his cronies,” Browder said.

If these estimates are true, then the Russian President would come out on top as the world's richest person with wealth almost three times that of Bill Gates. It is rumoured that Putin has stakes in state energy monopolies and commodity trader Gunvor. He also owns a superyacht Olympia, gifted by Chelsea boss Roman Abramovich said to worth over $37 million. Apart from the super luxurious yacht, Putin also has access to over 58 planes and helicopters as well as 20 palaces and retreats all over Russia.

Putin May Never Appear On The Forbes Rich List But His Personal Wealth Is Bigger Than Bill Gates© Twitter

Even though the President in 2015 had declared that his yearly income was just £95,000, a dossier document prepared by Boris Nemstov, a Russian adversary said that the private jet used by the Russian President itself boasts of a toilet worth $62000. 

While it is difficult to understand what goes on behind the scenes and how much the Russian President is actually worth, it is safe to assume that Putin is one multi-billionaire who will never be featured on the Forbes rich list.

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