Jump To Vladimir Putin's Stats
No, that net worth is not a typo. Vladimir Putin is like a cat with nine lives. When one thinks it’s over for him, he comes back stronger and better. Just take a look as his net worth of $49,180,000,000. No other place is this more evident that his presidential victory in Russia’s recent elections in 2012. Rumor has it that as Prime Minister, he was really the one in charge not the departed Dmitry Medvedev who incidentally appointed Putin as Prime Minister in 2008 because he was ineligible to run for three consecutive terms. Seems some cunning maneuvering were being executed.
Putin sits in the power seat once more but cries of corruption and election fraud is being levied against him. Hundreds of Russians have taken to the streets to protest the outcome of the most recent election and despite the threat of arrest, return every day.
They say the third time is a charm and Putin appears to subscribe to this philosophy. He became President for the first time in 1999 when Boris Yeltsin stepped down, then again in 2004 and will officially take office for the third time in May of 2012.
Born Vladimir Vladimirovich Putin 59 years ago, he is oftentimes categorized as a cunning, ruthless hardliner by Western critics but many credit him for turning Russia’s economy around and implementing change that promoted growth economically and socially.
Russia, along with China’s recent blocking of a U.N. resolution against Syria may be a play to help propel that country’s dominance on a global scale again. The fight for control of the oil in the Middle East is on and super-powers, including the U.S. have turned the other way in the face of atrocities over the years to maintain the status quo.
Putin gained his absolutely shocking net worth by personally, and quietly, taking ownership of some of the largest oil and other corporations in Russia in exchange for allowing them to operate uninhibited.