Many are calling for tougher sanctions aimed directly at Putin and his inner circle, which raises questions about just how wealthy the Russian president is, and where the bulk of that wealth is spread around the world.
who previously worked as a fund manager in Russia, said in 2015: “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.”Last year, a palace worth $1.
In 2003, however, he was imprisoned on charges of tax evasion and fraud. He continually denied these accusations. Khodorkovsky’s fortune was frozen and his companies were broken up. But Browder, who is wanted by Putin after being sentenced to nine years in prison in 2019 for tax evasion in Russia and funneling money overseas, told Forbes he believes the arrest could have allowed Putin to cut new deals with other oligarchs.
According to an investigation by Reuters in 2015, Putin’s daughter Katerina, then 29, had corporate holdings worth about $2 billion with her reported husband, Kirill Shamalov, son of Nikolai Shamalov, a longtime friend of the president.
The properties he declared in 2019 included two apartments, three Russian-made Soviet-era cars — two GAZ-M21s and a Lada Niva — and a Skiff trailer , reported the. The value of the three cars adds up to no more than an estimated $27,000. In 2002, Lada Niva was awarded zero stars out of a possible four for safety after a dummy passenger was hit by the glove compartment so hard that it showed a risk for a traumatic brain injury.
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