“From what followed, it appeared that Putin’s answer was, ‘Fifty percent.’
Curious to learn more about his wealth?
Here’s what we know about Vladimir Putin’s net worth.
He studied law before jumping into politics
Vladimir Putin’s life in law andpoliticsbegan decades ago.
As a young man, the future Russian president attended Leningrad State University where he studied law.
Before graduating in 1975, Putin met assistant professor Anatoly Sobchak, according toCelebrity Net Worth.
Sobchak co-wrote the Russian constitution and would become a large political figure.
While Putin was in school, Sobchak mentored him, according toBritannica.
This set the stage for Putin’s long political career.
Putin advised Sobchak, who was elected mayor of St. Petersburg.
Putin eventually made his own way up the ladder to first deputy mayor in 1994.
Later that year, Yeltsin resigned and Putin became acting president then he won the presidential election in 2000.
Putin has been in power ever since.
Specifically, Putin has an affinity for luxury watches and has been seen wearing expensive timepieces on multiple occasions.
In one instance, Putin gave a young boy a Blancpain watch worth thousands of dollars.
He’s reportedly declared just two homes
In 2019, President Vladimir Putin officially disclosed his assets.
Additionally, he declared a camper trailer worth $900.
In 2020, the Russian newspaper Sobesednik (viaNews.com.au) reported Putin is connected to a multi-million dollar palace.
Critics also claim Putin owns another home off of the Black Sea, according to Celebrity Net Worth.
At 190,000 square-feet, the mansion is thought to be the largest home in Russia.
While initial sanctions haven’t stalled Russia from invading Ukraine, they have negatively affectedRussia’s economy.
Sanctions did not deter.”
Because Putin’s exact wealth is so elusive, it’s difficult to know how sanctions will affect him.
If the president does secretly own assets, it might be hard to pinpoint them.
Moreover, sanctions might not have a dramatic impact on his inner circle.
