No one knows Putin's exact net worth, but many speculate he’s the wealthiest person on the planet — his $1 billion palace and $500 million yacht explain why

Business Insider | 3/6/2018 | Mary Hanbury, Áine Cain
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• Vladimir Putin may be the wealthiest man in the world.

• Forbes won't even estimate his net worth, because it can't verify his financial assets, Newsweek reported.

President - Displays - Wealth

• The Russian president does indulge in some displays of immense wealth, however.

• Putin is reported to own luxury watches, a fleet of yachts, and multiple expensive properties, including a $1 billion palace.

Financier - Bill - Browder - Putin - Gains

• American financier Bill Browder estimated that Putin had "accumulated $200 billion of ill-gotten gains," according to the Atlantic.

Vladimir Putin very well may be the richest man in the world.

Kremlin - Russian - President - Year - Apartment

But it's impossible to say for sure. According to the Kremlin, the Russian president earns around $133,000 a year and lives in a small apartment.

That...
(Excerpt) Read more at: Business Insider
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