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Ten years ago, ABC News carried a report based on a video released by Russian opposition group Solidarity, in which it said that Putin owns luxury watches worth $700,000 - about six times his official salary. Net Worth: $70 billion: Age: 69: Salary: $187,000 per year: Sponsors: N/A: Introduction During his career, which includes stints serving as both President and Prime His mother Maria was a factory worker, and his father Vladimir Spiridonovich was a conscript in the Soviet Navy. The Kremlin says his annual income is about $140,000 not an immodest figure in Russia, though hardly one that could keep Putin sporting his rotation of luxury There are tragic and glorious pages in our history. Vladimir Putin. Apr 30, 2023, 7:33 AM PDT. document.getElementById( "ak_js_1" ).setAttribute( "value", ( new Date() ).getTime() ); Copyright 2014-2023 Wealthy Gorilla | Owned & operated by Wealthy Gorilla LLC | Wealthy Gorilla is a registered Trademark. All net worths have been sourced from Bloomberg and industries have been sourced from Forbes. He trained at the 401st KGB school in Okhta, Leningrad. People familiar with the Russian leader claim Putin has exploited his power to secretly take part ownership of private companies. In 2017, American fund manager Bill Browder estimated Putin's worth to be approximately $200 billion after the president arrested Russia's richest man Michael Khodorkovsky, according to Yahoo! Finance. That included his base annual salary of $2.3 million, $21.1 million worth of stock option awards, $10 million in stock awards and a $6.9 million bonus. The couple has two kids. He then joined the KGB in 1975 and trained at the 401stKGB school in Okhta, Leningrad. Having studied German at Saint Petersburg High School 281, he speaks German fluently. Vladimir Putin's wealth is back in focus amidst the ongoing Russia-Ukraine war. Its been a good year for Russias ultra-rich. Follow Tommy Lee Jones' rise to stardom from Texas cowboy to Hollywood star. According to The New York Times, this was done on the insistence of European countries like Germany who wanted communication channels to remain open with Russia's top leadership. Days after the Ukraine invasion was launched, western countries froze the assets of Russia's elite, including those close to Putin, and imposed travel bans on them. Russia also hosted the 2018 FIFA World Cup. During this period, the Russian president had an average salary of roughly $77,000 per year. Vladimir Putins Net Worth 2021: Is He the Richest Man on Earth? Jordan Belfort's net worth What is Cristiano Ronaldo's net worth? The first Google hit that surfaces when you search Vladimir Putins net worth is from something called Wealthy Gorilla, which bills itself as one of the leading self-improvement blogs on the web. It pegs the Russian presidents wealth at $70 billion a figure that, like much else on the site, isoffered without evidence. His grandfather, Spiridon Putin, was a personal cook to Vladimir Lenin and Joseph Stalin. Per Bloomberg, the company has 100,00 employees and generated over $114 billion in revenue in 2019. Vladimir Putin is a Russian politician who has a net worth of $70 billion dollars.