Vladimir Putin Net Worth

net worth: $70 billion
age: 71
Birth: October 7, 1952
gender: Male
Height: 1.70 m (5 ft 7 in)
country of origin: Russia
Sources of funds: Politician/President of Russia
Last Updated: January 17, 2024

Introduction

Vladimir Putin’s net worth is estimated at $70 billion.

Vladimir Putin is the current President of Russia and this is his fourth term.

Putin has gained recent national attention due to his controversial relationship with President Trump and human rights violations against the LGBT community in Russia.

Putin’s political career began in the early 1990s and his popularity continued to grow.

early life

Vladimir Vladimirovich Putin was born on October 7, 1952 in Leningrad, Russia, and is the youngest of three members in the family.

Two of his brothers died before he was born; one in infancy and the other from diphtheria. His mother worked in a factory and his father was wounded in the war.

Putin had an interest in Soviet cinema and wanted to play the roles of intelligence officers who often featured in those films.

He learned Sambo and Judo and earned a black belt in Judo. Vladimir also learned German in high school and is now able to speak it fluently.

After high school, Putin studied law at Leningrad State University, from which he graduated in 1975.

After completing law studies, Putin joined the KGB and worked in counter-intelligence, and then as an undercover agent in Germany until 1990.

He resigned from the KGB in 1991 with the rank of lieutenant colonel.

Livelihood

Before becoming one of the world’s most infamous leaders and richest people, Vladimir Putin was a college student.

In 1970 he entered Leningrad State University, where he studied law, graduating in 1975 after writing a thesis on trade and international law.

While there he was forced to join the Communist Party of the Soviet Union and remained a member until the party was dissolved in 1991.

During this time he also met Anatoly Sobchak, an assistant professor of business law, who later greatly influenced Putin’s career in Moscow.

The KGB and politics

In 1975, when Putin was just out of college, he joined the KGB, and after training, he worked in counterintelligence before being transferred to monitoring foreigners.

From 1985 to 1990 he served in Dresden, East Germany, but Putin resigned from active service after the collapse of the communist East German government.

He then returned to Leningrad, where he remained in active reserve at the International Affairs Section of Leningrad State University.

In May 1990, Vladimir Putin was appointed advisor on international affairs to Anatoly Sobchak, who had become mayor of Leningrad.

A year later, he headed the Foreign Relations Committee before becoming First Deputy Chairman of the St. Petersburg Government in 1994.

This was just the beginning of his rise to power in one of the most popular countries in the world, as Putin was just getting started.

Career in Moscow

On August 9, 1999, President Boris Yeltsin appointed Vladimir Putin as acting Prime Minister of the Russian Federation.

Later that day, Putin agreed to run for president after Yeltsin announced he wanted Vladimir to succeed him.

In December, Yeltsin unexpectedly decided to resign, leaving Putin to become the acting President of the Russian Federation, as required by Russia’s Constitution.

His first presidential order was that corruption charges against the outgoing president and his family would not be pursued.

Vladimir Putin was officially elected in 2000, winning 53% of the vote, and was sworn in shortly afterwards on 7 May.

Between 2000 and 2004, Putin focused on reconstruction and won over powerful oligarchs such as Alexei Mordashov by promising power in exchange for support.

Putin was elected to a second term in 2004 and came under international scrutiny for his failure to protect Russia’s independent media.

In 2008, he was barred by the constitution from serving a third consecutive term, so First Deputy Prime Minister Dmitry Medvedev was elected in his place.

However, a day after handing over the presidency, Vladimir Putin was named Prime Minister of Russia, allowing him to retain his power.

a re-elected president

Vladimir Putin contested for president again in 2012 and won with 63% of the vote, although the election was marred by allegations of fraud.

Several anti-Putin protests occurred at this time, the most infamous being the Pussy Riot demonstration, which ended with the group’s arrest.

After being sworn in for the third time, Putin began enacting strict laws, especially against the LGBTQ+ community.

Russia first intruded into Ukrainian territory in 2014, resulting in the Russian annexation of Crimea.

Putin’s government again made headlines in 2016 with allegations of interference in the US presidential election.

His fourth presidential term began in 2018, with Putin receiving 76% of the vote, allowing him to continue his career as a world leader.

Like Vladimir Potanin, by this time Putin had amassed so much wealth and power that he had become virtually untouchable in Russia.

Russian invasion of Ukraine

In July 2021, Putin said “On the historical unity of Russia and Ukraine” He said Ukraine should be part of Russia.

The following year, on February 24, Putin announced on television that a “special military operation” was underway.

Just minutes after his speech, Putin launched a full-blown invasion of Ukraine, aimed at seizing control of the country and overthrowing its government.

More than a year later, Putin remains confident in his efforts and has vowed to continue the war despite opposition from the international community.

Vladimir Putin certainly isn’t a popular figure outside of Russia, but he has certainly done a good job at consolidating his wealth and power.

net worth of vladimir putin

Vladimir Putin’s net worth is $70 billion.

Highlights

Here are some of the best things from Vladimir Putin’s career:

  • Yerevan State University: Honorary Doctorate (2001)
  • University of Athens: Honorary Doctorate (2001)
  • Time Magazine: Person of the Year (2007)
  • China International Peace Research Center Confucius Peace Prize (2011)
  • University of Belgrade; Honorary Doctorate (2011)
  • Pope Francis: Messenger of Peace Medal (2015)

Citation

“Terrorism has no nationality or religion.” – Vladimir Putin

“India’s centuries-old history and culture, the majestic architectural monuments and museums of Delhi, Agra and Mumbai have a unique attractive power.” – Vladimir Putin

“Everything will probably never be okay. But we have to strive for it.” – Vladimir Putin

“The ability to compromise is not diplomatic politeness towards a partner, but taking into account and respecting the legitimate interests of your partner.” – Vladimir Putin

“We do not need a weak government, but a strong government that takes responsibility for the rights of the individual and cares for the whole society.” – Vladimir Putin

“We will fight against them, put them in prison and destroy them.” – Vladimir Putin

“The path towards a free society has not been easy. Our history has both tragic and glorious pages.” – Vladimir Putin

Frequently Asked Questions

How much is Vladimir Putin’s net worth?

Vladimir Putin’s net worth is estimated at $70 billion.

How old is Vladimir Putin?

Vladimir Putin was born on 7 October 1952 and is currently 71 years old.

How tall is Vladimir Putin?

Vladimir Putin’s height is 1.70 m, which is equivalent to 5 feet 7 inches.

Summary

Vladimir Putin has been serving his country in a variety of ways since he completed law school, starting with service in the KGB.

He is currently in his fourth term as President and has implemented many significant changes in the country.

Vladimir Putin’s net worth is over $70 billion and reflects his long political career.

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