Vladimir Putin ‘has a £160 billion fortune

Baron

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Sep 19, 2008
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Where are pensions of Russians? Ask by Putin.

VLADIMIR Putin could be the richest man in the world with a net worth of almost £160 BILLION, according to experts.

The Russian President, who owns a Black Sea palace thought to be worth £800million and a £28m superyacht, has been said by scholars and insiders to be an expert at hoarding huge sums of money.
And while the top estimate would put him well clear of tech god Bill Gates, worth a staggering £60bn, even lower guesses put the Moscow strongman firmly in the world's top ten on around £32bn.


The International Business Times recently sparked fresh speculation over Putin's wealth, publishing comments from Russian fund manager and author Bill Browder used his political power to amass a vast fortune.


He told CNN Putin was worth "$200 billion (£160bn)", adding: "After 14 years in power of Russia, and the amount of money that the country has made, and the amount of money that hasn't been spent on schools and roads and hospitals and so on, all that money is in property, bank — Swiss bank accounts —shares, hedge funds, managed for Putin and his cronies”.

Vladimir Putin 'has a £160 billion fortune that includes 58 planes and helicopters and 20 secret retreats', expert claims

No pensions for tens of millions Russians

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But enough money for Putin and oligarchs


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