Russian President Vladimir Putin's income in 2021 amounted to 10,202,000 rubles ($127,440), slightly higher than the previous year, when it amounted to 9,994,000 rubles ($124,860), according to his statement released Friday by the Kremlin.
The list of assets of the president has not changed in recent years: in his statement there are two apartments and one parking space, with areas of 153.7, 77 and 18 square meters, respectively.
In addition, Putin owns two Russian-made cars, a Gaz-M21, a Niva, and a Skif light trailer.
In the last five years, the highest income of the Russian president was recorded in 2017, when he declared more than 18 million rubles ($225,000), when he sold a plot of land of 1,500 square meters.
The Russian president's income is much lower than that of other senior government officials. Russian Prime Minister Mikhail Mishustin reported revenues of 18.3 million rubles ($229,000), while Vladimir Medinski, Putin's adviser, earned 106.7 million rubles ($1.3 million) and Russian Minister of Industry and Trade Denis Manturov earned 704.7 million rubles ($8.8 million) in 2021.
Very little is known about Putin's possessions and where they might be. Despite years of speculation and rumors, the extent of his wealth remains overwhelmingly opaque, even as billions of dollars have slipped through the accounts of his close friends and luxury properties have been connected to family members.
Estimates of what Putin may have in secret vary widely. One of the most sensational claims came from Bill Browder, a US-born financier who was banned from entering Russia in 2005 after facing that country's oligarchs. He told the US Congress in 2017 that he believed Putin's wealth could amount to $200 billion, an extraordinary sum that would have made him the richest man in the world at that time.
Anders Aslund, an adjunct professor at Georgetown University and author of the 2019 book “Russia's Crony Capitalism”, put the Russian president's wealth at around $125 billion. He argued that much of it could be hidden in a network of tax havens in the hands of the president's allies, friends and family.
The Kremlin insists that Putin is a man of simple taste, regularly distributing images of him vacationing in the Siberian forests, and denies that he owns any palaces.
(With information from EFE)
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