How Vladimir Putin spends his mysterious fortune rumored to be worth $70 billion
Reuters
No one knows exactly how much Russian President Vladimir Putin is worth.
Some claim Putin is the richest man in the world, yet according to the Kremlin, he earns around $133,000 a year and lives in a small apartment.
One former Russian government adviser estimated his fortune is worth $70 billion. Hedge fund manager Bill Browder, a noted critic of Putin, claimed it was more like $200 billion.
We’ve put together a list of things that Putin is believed to have spent money on.
As President of Russia, Putin's official residence is the Moscow Kremlin. However, he spends most of his time at a suburban government residence outside of the city called Novo-Ogaryovo.
Shutterstock/OlegDoroshinSource: Business Insider
He reportedly has access to 20 different palaces and villas.
APSource: Up North
Official records published in 2016 by the Kremlin would have us believe that Putin has a very modest real estate portfolio. The report said he owned a small plot of land and an apartment with a garage.
ReutersSource: Newsweek
See the rest of the story at Business Insider