Vladimir Putin's Mysterious Fortune

Authored by Charles Benavidez via SafeHaven.com,

Vladimir Putin just secured himself another six-year term in power following Russian elections Sunday, and now is a good time to revisit just how much secretive wealth is propping up the Russian strongman.

Putin’s riches are buried in a complex web of proxies - and that’s no surprise for a former KGB agent.

In February, ahead of presidential elections, the Russian Central Election Commission released its ‘official’ disclosures of Putin’s wealth, saying he earned roughly $673,000 between 2011 and 2016, based on his average yearly salary of around $112,000.

Boosting this modest income was a declared $241,000 in 13 banks accounts, an 800-square-foot apartment in St. Petersburg, 230 shares in Bank Saint Petersburg and two Soviet-era sports cars. They even disclosed a 2009 Lada, for good measure.

Critics beg to differ, of course, and insist that a few big-ticket items have been left off the disclosure list.

Former Russia fund manager Bill Browder says Putin is worth $200 billion. If that’s true, it would mean that Putin is the richest man in the world - worth more than Bill Gates and Jeff Bezos, combined.

Browder, the former CEO of Hermitage Capital Management, testified before the Senate Judiciary Committee in July last year, as a key element of the probe into Russia’s interference in the 2016 elections.

Browder had hired Russian attorney Sergei Magnitsky to investigate official corruption, but Magnitsky died in Russian custody in 2009, leading to the U.S. Magnitsky Act sanctions in 2012.

According to Browder, with the arrest of Russia’s then more powerful oligarch, Mikhail Khodorkovsky, in July 2003, Putin became the “biggest oligarch in Russia and the richest man in the world, and my anti-corruption activities would no longer be tolerated.

“After Khodorkovsky’s conviction, the other oligarchs went to Putin and asked him what they needed to do to avoid sitting in the same cage as Khodorkovsky. From what followed, it appeared that Putin’s answer was, ‘Fifty percent’. He wasn’t saying 50 percent for the Russian government or the presidential administration of Russia, but 50 percent for Vladimir Putin personally,” Browder told the Senate.

Browder told the senate that Magnitsky was murdered to cover up the theft of $230 billion from the Russian treasury of which Putin was a beneficiary—but that’s only the fluff of a much larger fortune, he said.

“Recent revelations from the Panama Papers have shown that Putin’s closest childhood friend, Sergei Roldugin, a famous cellist, received $2 billion of funds from Russian oligarchs and the Russian state. I estimate that he has accumulated $200 billion of ill-gotten gains from these types of operations over his 17 years in power. He keeps his money in the West and all of his money in the West is potentially exposed to asset freezes and confiscation. Therefore, he has a significant and very personal interest in finding a way to get rid of the Magnitsky sanctions,” Browder said.

Another key figure to have put a number on Putin’s estimated wealth was Stanislav Belkovsky, a former mid-level Kremlin advisor who claimed in 2007that Putin was worth at least $40 billion. That wouldn’t make him the richest man in the world, but it would have put him in the Forbes top 10 at the time.

In 2013, Belkovsky estimated Putin’s wealth at $70 billion.

As Putin takes his seat for another six years, no one can verify his financial assets, still—and anyone who tries will hit a roadblock, or worse. But the Russian president displays more wealth than a Lada and $112,000 allow for. In other words, his suits cost more than his salary, and that’s just the beginning.

The list of alleged assets is along one, but here are the highlights:

A $1-billion palace on the Black Sea, built with state money, according to the BBC:

(Click to enlarge)

Also on the alleged list is a $500-million yacht, plus three others, along with 60 planes - none of which have been officially photographed.

Comments

Scar Bro Pandelis Tue, 03/20/2018 - 03:54 Permalink

“I hope that my story will help you understand the methods of Russian operatives in Washington and how they use U.S. enablers to achieve major foreign policy goals without disclosing those interests,” Browder writes.

REALLY?? You're gonna say that shit and NOT call out Jews? Well then you're a fucking LIAR POS.

Putin asked the USA to tear Syria apart?... to organise an anti Russian coup in Ukraine?.... to surround Russia with missiles? Or are you just covering for Israel?

And let's say Putin IS the richest man on Earth, so what? The biggest group of rich men on the planet are all JEWS and they all act as a single unit to "achieve major foreign policy goals without disclosing those interests".

I doubt this bullshit about Putin being worth 200billion is true, I'm sure he's rich AF but I don't like the man for how much money he does or doesn't have.. or how much plastic surgery he's obviously had... or some fucking expensive watch he apparently wears but they photoshop out in all his pictures and interviews.....I like the man because he's the only one who has stood up to the ZIONISTS and JEWS. That's your keywords right there. Maybe Putin is playing a game and just wants a seat at the ZIONIST table.... maybe.. but that still doesn't change the situation... it's the ZIONISTS who are still the problem whether Putin is with them or against them!

Fuck the foreskin chewers ALWAYS! 

In reply to by Pandelis

Shemp 4 Victory Scar Bro Tue, 03/20/2018 - 04:51 Permalink

This US citizen author is a wasted talent. He should join Hollywood. He is gone, totally insulated in his own fantasy world, unable to connect with reality except to reinforce his own fantasy.

It only takes two lines for the article to reveal what it is: US propaganda, which is cheap by design.

If you are after each mistake the article propagates, good luck. It is a useless task. Propagandists make their money out of making errors and distorting truth.

Browder had hired Russian attorney Sergei Magnitsky

When you see Browder mentioned  as anything other than a liar and a criminal, you know you are reading cheap propaganda.

BTW, Magnitsky was Browder's accountant and never even went to law school. The whole Magnitsky fable was created by Browder to try to hide his own mammoth financial crimes and fraud.

Distorted present, fabled past. Move on, another US citizen article.

In reply to by Scar Bro

bshirley1968 HowdyDoody Tue, 03/20/2018 - 09:45 Permalink

Three things:
1. Browder is a lying lowlife POS that I would never believe.
2. IF the man was even close to being that rich, he has the demeanor of Rand Paul.....and not our current billionaire dear leader.
3. IF he has control of all that money AND Russia's nuclear arsenal......AND is not bombing someone or trying to take over the world, the man can obviously handle the weight, responsibility, and temptations of having that much wealth.
Bonus:
4. Could you imagine what the narcissistic, puke in the WH would be like if he had that much money....and power?

Conclusion: Putin is a man of much greater character and self control or he just isn't that rich and powerful.

In reply to by HowdyDoody

thisandthat bshirley1968 Tue, 03/20/2018 - 15:39 Permalink

"This segment brough to you by..."

MSM Global Desinformatsya, LLC, a DeepState, Inc. associate.

"In association with..."

ZeroHedge*, "the fastest growing purveyor of Fakenews™"

 

* ZeroHedge is a partially owned subsidiary of MSM Global Desinformatsya, LLC, a DeepState, Inc. associate.

** Fakenews™ is a trademark of DeepState, Inc., under exclusive license to MSM Global Desinformatsya, LLC.

​​​​​​"More Fakenews™ at ten..."

In reply to by bshirley1968

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In reply to by Koba the Dread

ZeroSpam BlindMonkey Wed, 03/21/2018 - 02:56 Permalink

▲▲▲   Slopz38  ▲▲▲ CHRONIC SPAMMER  ▲▲▲ VIRUS ALERT ▲▲▲

THIS IS BUT ANOTHER LOG-ON FROM ZeroHedge's OBSESSIVE-COMPULSIVE WHACKED-OUT ZIT-FACED SPAMMER, here peddling links to ANOTHER spam page, ALSO LADEN WITH TROJANS AND VIRUSES.   DO NOT CLICK ON ANY LINK FROM THIS SPAMMER!!!

>>>>   Slopz38 posted this identical spam post   **75 times** in one day, March 20!!!

This chronic thread-hijacker and poster of "My last paycheck..." spam with Multiple Log-on's (aka "stizazz" and "pier" "beepbop"  "Braveforce"  "PRIVETHEDGE"  "SLOPZ38" "LLOLL"  "JUMANJI1959" -- hopefully banned) is a CHRONIC SPAMMER whose "disguised links" (under other log-on's) will take you to his Spam- and Trojan-laden webpages, fondly known by ZHers as "The Whacked Out Biblicism SPAM page" or "BIBLICISM GOES PORNO" where you will be the happy recipient of numerous virus from this very disturbed and obsessed individual, spamming here for more than five years.

ALL THIS SPAM IS FROM THE SAME SPAMMER!
•dailywesterner
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•"I made $7000 last week ..... this is what I do"

END SPAM!

Copy and send this text to abuse@zerohedge.com

Please remove all postings and ban log-on from user "LLOLL" who chronically SPAM posts short-URL links to his virus- and trojan-filled website. This is the same individual posting chronically as  "stizazz" and "pier" "beepbop"  "Braveforce"  "PRIVETHEDGE"  "SLOPZ38" "LLOLL"  "JUMANJI1959, among dozens of other banned log-ons [that's YOU "dailywesterner" and "biblicisminstitute" and "celebrity-leaks" (porn) and "I made $7000 last week...."]. Thank you.

In reply to by BlindMonkey

Richard640 Pandelis Tue, 03/20/2018 - 08:52 Permalink

HA HA!! I KNEW THE "JOO ANGLE" WOULD BE RAISED WITH THIS ARTICLE BY THE JOO-HATING VERMIN THAT INFEST THIS SITE-!!

 

SHAME ON ALL OF YOU FOR DENIGRATING THE JOOS...YOU SPAWN...GET A LIFE...MAYBE 20 MILL JOOS IN THE

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WORLD OUT OF 7 BILLION? ARE U KIDDING ME? ALL THIS FOCUS AT THE U.N.--ALL THIS HATRED? WHAT THE F IS

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WRONG WITH YOU?...YOU FILTH...LOOK DEEP DEEP WITHIN YOURSELF...JESUS WAS A JOO, SO WHY NOT YOU? 

In reply to by Pandelis

fleur de lis Pandelis Tue, 03/20/2018 - 13:03 Permalink

Yes the whole thing was a racket.

Central baker Max Warburg wormed his way into being head of German intelligence during WW1.

His central banker friend William Wiseman wormed his way into being head of British Intelligence during WW1.

They fed each other information about the carnage to the benefit of themselves and their vermin ilk.

After the war Wiseman went to work for Warburg.

In reply to by Pandelis

BarkingCat Bingo Hammer Tue, 03/20/2018 - 09:37 Permalink

Frankly, I have no idea if Putin is a crook or not and I simply do not care.

I am not Russian, so it is none of my business.  It is the Russians' business. 

It is also none of any other nation's business. Certainly not that of the US government where thieves like the Clinton duo held the highest positions in the government and in addition to being thieves were traitors as well (technology transfers to China under Bill Clinton and Hillary Clinton's email server).

We can then walk right down the line with Pelosi, Hester, Boxer, Dodd, Cheney. These are just some off the top of my head that are so obvious that no research is needed.

 

In reply to by Bingo Hammer

gregga777 purplewarrior Tue, 03/20/2018 - 04:24 Permalink

I really don't give a flying fuck how much Vladimir Vladimirovich Putin is worth. Besides, he took it from the Jewish Oligarch robber barons, which is a very, very good thing in my book. 

Why doesn't ZH write about the fact that New York District Attorney Cyrus Vance, recipient of $10,000 from none other than Harvey Weinstein, is still protecting Harvey Weinstein from arrest by the New York Police Department for rape and sexual assault? Is Cyrus Vance just waiting for HW to flee to Apartheid Israel to seek criminal asylum? Then he'll just say, "Well, no one could have seen that coming." 

In reply to by purplewarrior

Blankone gregga777 Tue, 03/20/2018 - 10:57 Permalink

So basically you are ok for one mafia group to transfer the wealth of Russia to themselves from another Russian mafia.
There are some good videos about how a group of connected Russians collected the wealth of Russia during the early 90's collapse. Yeltsin was the perfect example of the Russian people, an idiot, alcoholic and big ego who put on a show for the camera (Putin?). The videos of Yeltsin in Russia show a dumb as a piece of wood man who in most videos is half drunk and a bit confused. His confidant and close associate who was with him constantly said Yeltsin would work two hours only a day, then go to brunch/lunch eat drink and drink some more for the day. When those (jews) who were collecting Russia's wealth wanted to take over politics they did so through Yeltsin, and as typical Russian Yeltsin kicked his old inner circle to the curb and partnered with the most powerful jews. And the taking of Russia's wealth increased many fold.

There were growing movements to bring back communism and the old system because the citizens were much worse off than before. Which opened the window for the Soviet KGB officer - Putin and his wealthy supporters to make a move. Putin was/is the face of the group and much more capable than the drunk Yeltsin. Putin also has much more control over operations. And so the Putin version took what the previous gang had collected. Making themselves very rich.

I have not found reliable videos about the Putin era and how that gang took over, they are all biased one side or the other. But the foundations of Russia still appear to be rotted out. And Russia appears to continue to be a paper bear due to Putin's mafia being more about themselves than Russia (as were the previous mafia).

In reply to by gregga777

Hoffman Lenz TheSilentMajority Tue, 03/20/2018 - 04:17 Permalink

What if he had taken the 50%? It wouldn't surprise me to learn that he had taken $200 billion (off the usual suspects, so no harm done anyway).

It also wouldn't surprise me to find out that he had given most of that $200 billion back to the Russian people.

And if my theory is correct, I don't think I'll find out the truth until he's long dead.

In reply to by TheSilentMajority

gregga777 07564111 Tue, 03/20/2018 - 04:16 Permalink

If the Anglo-Zionist Empire of Lies conquers Russia then the Russian people will also be sending their children to die in Middle Eastern wars, alongside Americans, for the Glory of Greater Apartheid Israel. 

Because, the Israelis say, "The idea is not for Israelis to die fighting for Israel; the idea is to get Americans (and hopefully Russians, too) to die fighting for Israel."

 

In reply to by 07564111

Richard640 07564111 Tue, 03/20/2018 - 08:51 Permalink

HA HA!! I KNEW THE "JOO ANGLE" WOULD BE RAISED WITH THIS ARTICLE BY THE JOO-HATING VERMIN THAT INFEST THIS SITE-!!

 

SHAME ON ALL OF YOU FOR DENIGRATING THE JOOS...YOU SPAWN...GET A LIFE...MAYBE 20 MILL JOOS IN THE

********************

WORLD OUT OF 7 BILLION? ARE U KIDDING ME? ALL THIS FOCUS AT THE U.N.--ALL THIS HATRED? WHAT THE F IS

**************************************

WRONG WITH YOU?...YOU FILTH...LOOK DEEP DEEP WITHIN YOURSELF...JESUS WAS A JOO, SO WHY NOT YOU? 

In reply to by 07564111

BarkingCat Richard640 Tue, 03/20/2018 - 10:14 Permalink

I am an atheist so your Jesus angle has about as much effect on me as showing nude photos of the female Brazilian beach volleyball team to Kevin Spacey.

 

Why are you so angry bro?  Why shout though the entire post?

If you're a jew and are angry at the fact that so many here point out the inconvenient facts,  then it is too bad. Every ethnic group has certain traits that are more prevalent within that group.

The Danes are much taller than the Greeks for example. The Italians more emotional than the English. The Jews apparently have a much higher percentage of sociopaths and psychopaths than general population.  This would not be such a problem for them if their IQ was as low as some other groups that also seem to have little regard for other people.  However, because they are highly intelligent,  they can maneuver themselves into positions where they can affect a lot of people (many of whom are also intelligent and can recognize patters).

In reply to by Richard640

Richard640 BarkingCat Tue, 03/20/2018 - 13:18 Permalink

JOOS ON THE BRAIN=A WORLD-WIDE OBSESSION---20 MILL JOOS V.S 7+ BILL NON-JEWS?? WHY THE FOCUS ON THIS MICROSCOPIC MINORITY??---IT'S AN OBSESSION!@!!! GET A FUCKING LIFE U SPAWN!

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THE KING OF DENMARK-AFTER WW2--WAS ASKED WHY HIS PEOPLE SAVED SO MANY JEWS

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HIS RESPONSE="UNLIKE THE GERMANS, WE NEVER HAS AN INFERIORITY COMPLEX REGARDING THE JOOS"--GOT THE PICTURE U FILTHY JOO HATER DRAPING YOURSELF IN "FAIR AND EVEN-HANDED CRITICISM" OF THE JOOS...YA FILTH

+++++++++++++++++++

U CAN CREDIT THE KRISTIAN CHURCH FOR THE 2000 YR TEACHING OF CONTEMPT FOR THE JOOS IN THE DISGUSTING ANTI-JOO SCREED KNOW AS THE NEW TESTAMENT--A PACK OF LIES DEVISED BY THE PROMOTERS OF THE NEW RELIGION TO DIFFERENTIATE THESELVES AND PROMOTE THEIR LIES TO THE GENTILES--THERE A WHOLE FIELD OF STUDY DEVOTED TO THIS PROBLEM===

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Teaching of Contempt Primary Source Sampler

https://www.bc.edu/content/dam/files/research_sites/cjl/texts/.../conte…

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The Christian Teaching of Contempt for Jews and Judaism: A Primary Source Sampler. Introduction. The debate over the Mel Gibson movie, The Passion of the Christ, has made it clear that most Christians simply are not aware of the history of Christian anti-Jewish teachings. These teachings were conveyed in several ways ...

Jules Isaac - Wikipedia

https://en.wikipedia.org/wiki/Jules_Isaac

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Jules Isaac was “a well known and highly respected Jewish historian in France with an impressive career in the world of education” by the time World War II began. Internationally, Isaac was most well known for his tireless work after the War in the field of Jewish-Christian relations, culminating in his decisive key role in the ...

Life · ‎Career · ‎Judaeo-Christian relations · ‎Death and legacy

The teaching of contempt returns | David Brog | The Blogs | The Times ...

blogs.timesofisrael.com/the-teaching-of-contempt-returns/

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Mar 27, 2014 - They recognized that centuries of negative Christian teachings about Jews and Judaism likely helped predispose Europe towards Hitler's racial anti-Semitism. ... It is agonizing to discover that the church's teaching of contempt [for the Jews] was a major ingredient that made possible the monstrous policy of ...

The Passion of the Christ -The Teaching of Contempt | Cosmic Navigator

https://cosmicnavigator.com/.../2004-02-01-the-passion-of-christ-the-te…..

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In reply to by BarkingCat

DelusionsCrowded free corn Tue, 03/20/2018 - 06:41 Permalink

All humans are flawed but when things become seriously dystopic as in 90s' Russia everyone within the system is looking for someone who is good . 

Politicans also have families and children who have to live into the future they create . Sanity prevails . The society they build depends on the intelligence of the gene pool .

In Leftist Ideologies sanity takes a long time to prevale because it isn't self limiting . No different from Religion , they serve some unattainable goal of human perfection , which ironically totally degrades the people . 

Market based gov , regulates infrastucture and market monopolies so people can serve each other through market mechanism of doing stuff for each other . And the people regulate the Gov via voting . Institutions are built for the purpose .

USA was the leader in construction of this system . Unfortunitely it has been undermined by CIA and FBI ie DS .

In reply to by free corn

BitchezGonnaBitch Tue, 03/20/2018 - 03:46 Permalink

Look, I'm all for taking a closer look at Putin's actual wealth; I have no doubt he has feathered his nest very well... But Browder? Fucking BBC? The point of this article is DOA because it only conveys known lies and fabrications from lie factories like BBC and known crooks like Browder, wtf man...