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Vladimir Putin's Earnings As The Russian President In 2018 Is So Less That It's Not Even Funny


Russian President Vladimir Putin is known to be the most powerful man in the world. So, naturally, you'd expect the world's most powerful man to earn more than pretty much every other political leader in the world, right? Well, if you go by the numbers posted on the Kremlin's official website, it's not really the case.

According to the website, Vladimir Putin earned 8.7 million Rubles last year as the President of Russia, which roughly translates to about $135,000. Yes, that's apparently how much he made from his official salary, a military pension, interest on savings, and other investment gains.

Vladimir Putin's Earnings As The Russian President In 2018 Is So Less That It's Not Even Funny© Reuters

That number, in case you are wondering, comes down to about $11,200 a month as Putin's average monthly income. Funnily enough, Putin's real property did not change from last year. According to the tax returns, he owns an apartment with an area of 77 square meters and a garage of 18 square meters.

And among his official assets are two vintage Volga GAZ M21 sedans as well as a Niva SUV and a Skif tent trailer. 

Of course, no one's questioning Putin's net worth here. But as noted by the folks over at Quartz, something doesn't quite add up. Take his luxury watch collection, for instance. The collection alone is said to be valued at 22 million rubles i.e. roughly $3.5 million.

His watch collections reportedly include pieces like a Patek Philippe Perpetual Calendar, a Blancpain Leman Aqua Lung Grande Date, and a platinum A. Lange & Söhne Tourbograph, which are some of the finest timepieces in the world.

Vladimir Putin's Earnings As The Russian President In 2018 Is So Less That It's Not Even Funny© Reuters

Looks like it's true what they say about Putin. He may never appear on Forbes' rich list, but his personal wealth is bigger than that of Bill Gates. There's no way to tell if the reports are true, so we'll let you read Putin's financial disclosure here.

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