Although Vladimir Putin’s official annual income is declared at $140,000, the opulence of his lifestyle and reported $200 billion+ wealth paint a contrasting picture.
Putin admits to owning a modest 800-square-foot apartment, a trailer, and three vehicles. However, there are ongoing speculations about a lifestyle far more lavish than this. It’s rumored that Putin’s wealth is around $200 billion, a figure initially suggested by a prominent investor active in Russia in the 1990s. These rumors contribute to the enigmatic nature of Putin’s financial status.
A notable representation of Putin’s supposed affluence is a mansion by the Black Sea, often referred to as “Putin’s Country Cottage.” Amid varying accounts, it’s believed that this cliffside property includes a marble swimming pool with Greek god statues, an amphitheater, a cutting-edge ice hockey rink, a Las Vegas-style casino, and even a nightclub.
The opulence extends inside the mansion, with dining room furnishings valued at $500,000, a $54,000 bar table, and lavishly equipped bathrooms featuring Italian-made toilet brushes costing $850 and toilet paper holders at $1,250. Reportedly, maintaining this splendor costs $2 million annually, handled by a staff of 40, as reported by Fortune.
Moreover, Putin is rumored to possess 19 additional residences, a fleet of 700 cars, 58 aircraft and helicopters, and an extravagant plane named “The Flying Kremlin,” valued at $716 million.
Further, there’s speculation about Putin owning a mega yacht, the Scheherazade, worth an impressive $700 million, which adds to the debate over his financial magnitude.
Additionally, Putin’s collection of high-end watches, such as the $60,000 Patek Philippe Perpetual Calendar and the $500,000 A. Lange & Sohne Tourbograph, highlight a level of luxury significantly exceeding his official income, as these watches alone are worth six times his stated yearly earnings.
As per a recent report of Fortune magazine, he might actually not just be the richest politician on earth but the richest person too!