How Rich Is Putin? Putin’s Wealth System Explained

April 13, 2021

How rich is Putin? His wealth is one of the most guarded secrets in Russia. According to the tax declarations he earns about $120k a year and owns just a midsize apartment and several cars. But then what about yachts, jets, freshly built limos and palaces?

Russian officials are known for having amazingly successful relatives but Putin himself should have a more advanced hiding system because he’s constantly audited by the whole world.
So how does he conceal the stolen money? What is the famous Russian Obschak? Who really controls the largest state-owned enterprises? Find out in our new video!