With a net worth of $70 billion dollars, Vladimir Putin is a Russian politician and businessman. While serving as both President and Prime Minister of Russia, he has gained an international reputation for his contentious policies. Since 2012, he has served as Russia’s president for the second time.
Beginning of Life
Russian SFSR (Soviet Union) born Vladimir Vladimirovich Putin in Leningrad, October 7, 1952 (what is now Saint Petersburg). His parents, Maria, a factory worker, and Vladimir Spiridonovich, a Soviet Navy recruit, raised him. A Judo black belt, he began training in the martial arts at the age of twelve. It was in Saint Petersburg High School 281 that his fluency in German was developed.
Russia’s President Vladimir Putin was a graduate of Leningrad State Law School in 1975. For Anatoly Sobchak was an assistant professor who taught corporate law while he was a student at Moscow State University. He was a co-author of Russia’s constitution. Because of his strong influence on Putin’s professional life,
According to Fortune, Putin is paid a yearly salary of $140,000 according to official statements from the Kremlin sources. In addition to the apartment, he has a trailer and three automobiles listed as assets on his public financial disclosure form, according to the newspaper.
His wealth has led to his being called the richest man on Earth. Hermitage Capital Management, a financial services firm, estimated Putin’s net worth at $200 billion in 2017. In an appearance before the Senate Judiciary Committee, CEO Bill Browder made the claim.
Browder’s criticisms of Putin and Russia are regarded seriously because he was a major investor in Russia in the 1990s.
Rumors regarding Russian President Vladimir Putin’s extravagant wealth circulate due to the lavish lifestyle he maintains. A $60,000 Patek Philippe Perpetual Calendar and a $500,000 A. Lange & S. Toubograph have been photographed on Putin’s person, according to Fortune.
ABC News reported ten years ago that Putin owns $700,000 worth of fine watches, according to a video provided by the Russian opposition group Solidarity. That’s approximately six times Putin’s official yearly wage.
Putin’s political career began after a 16-year tenure in the KGB, following his graduation with a law degree. For his training, he attended the 401st KGB school in the city of Okhta in Leningrad, Russia.
In 1984, he was dispatched to Moscow for further training at the Yuri Andropov Red Banner Institute after working in Leningrad as a monitor of foreigners and consulate officials. Afterward, he served in Dresden, East Germany, from 1985 until 1990 as a translator under an assumed identity.
After the fall of the Communist East German government, he moved to Leningrad, where he reconnected with Anatoly Sobchak while working at the Leningrad State University’s International Affairs section. Russian President Vladimir Putin alleges that on the second day of the 1991 coup against then-President Mikhail Gorbachev he quit the KGB over disagreements about its role in the new post-revolution administration’s intelligence operations.
Sobchak, Putin’s former professor, was soon elected mayor of Leningrad, and Putin was named chairman of the mayor’s office’s Committee for External Relations. A series of elected officeholder roles followed, all of which served to further his political ascent. After the KGB was disbanded in 1991, President Boris Yeltsin named Vladimir Putin as head of the Federal Security Service (FSB), which became Russia’s principal intelligence and security agency in 1998.
On July 28, 1983, Vladimir Putin and Lyudmila Shkrebneva tied the knot. In East Germany, they raised their daughter Yekaterina Putina from 1985 to 1990, during which time they lived. Leningrad gave birth to their second daughter, Mariya Putina. Divorce proceedings were officially finished in April of 2014, notwithstanding their announcement of their separation in June of 2013.
When it comes to politics, his outward appearance is unusually masculine for someone in the public eye. When it comes to extreme sports, he’s been known to go shirtless on a number of occasions, as well. Additionally, he is known for his “Putinism,” Russian-language aphorisms derived from his use of Russian (similar to how George W. Bush is famous for his malapropisms here in the United States).
At one point in an interview with American journalist Larry King, Putin was asked what had become of a Russian submarine that had been destroyed in an explosion. Putin replied simply, “She sank.” This was an example of Putinism.