Vladimir Putin net worth in 2024 Career & Relationship

Estimated value: €36 billion
Age: 69
Born: 10/07/1952
Country of origin: Russia
Source of Wealth: Politician
Last updated: 2021

Short introduction

Vladimir Putin is a Russian politician and the acting President of Russia.

Earlier life

Vladimir Vladimirovich Putin was born the son of two factory workers in Leningrad, where he also grew up with two siblings (both died young). The working-class family lived in poor conditions. His father was a supporter of the communist party. Putin was interested in politics and espionage from an early age and was a member of the communist pioneer organization as a youth. He was also very interested in sports, especially martial arts. In judo, Putin became the city champion of Leningrad and a black belt. After graduating from school, he studied law at Leningrad University. From 1975 to 1982 he acted as a KGB officer specializing in foreign espionage. This work was also associated with activities in the GDR. So Putin lived in Dresden for a few years. In the GDR, in his capacity as a KGB officer, he was responsible for recruitment, training in radio communication and monitoring groups of visitors.


In early 1990, Putin returned to what was then the USSR after the GDR was dissolved. His former professor hired him as a consultant and university lecturer for business law. Only a year later, Vladimir Putin was appointed head of the city committee. His career rose steadily: in 1992 the former KGB officer became deputy mayor in the administration of the then mayor of Saint Petersburg. In 1994, Putin even became the first deputy mayor of Saint Petersburg. The next career leap followed two years later: Putin became deputy head of the Kremlin real estate administration and later deputy head of the presidential administration under President Boris Yeltsin. In 1997 Vladimir Putin received his doctorate in economics. His past activities as an agent never left him completely either: from 1998 to 1999, in addition to his political office, he was director of the domestic secret service FSB (successor secret service to the KGB). Subsequently, Putin became secretary of the powerful Russian Security Council.

Career highlights

In 1999 Boris Yeltsin, to whom Putin was a close confidant, appointed him prime minister. In this post, Putin won many sympathizers among the Russian people. He won the presidential elections in 2000 with 52.9 percent of the vote and became Russia’s second post-Soviet president after Yeltsin. In the course of this he expanded his power and changed some scope for action, for example certain regions (federal subjects) were restricted in their autonomy and should henceforth obey the central state more. Three more terms followed. Vladimir Putin is currently in his fourth term as Russian President (since 2018). He won this presidential election with an overwhelming majority: 76.6 percent of the voters gave him their vote.

Famous quotes

“The world does not end with Europe and the USA.”

“We are constantly being preached about democracy, but those who do it don’t want to learn it themselves.”

“Sometimes it takes being alone to prove you’re right.”

“Those who fight corruption should not be corrupt.”

“I don’t know what they want to heat with. They don’t want atom, they don’t want gas. Do you want to heat with wood again?”

“They can shoot, but they can’t create order.”

“We believe that attempts to subject the God-given diversity of modern civilization to the barracks principle of the monopolar world harbor great danger.”

Amazing Facts

Vladimir Putin speaks fluent German, the knowledge comes mainly from his time as a KGB officer in Dresden. Former German Chancellor Gerhard Schröder is one of his closest friends. During Schröder’s tenure, the two politicians worked closely together and promoted German-Russian relations. Vladimir Putin was married and has two adult daughters whom he always kept out of the public eye. Putin is known for his penchant for luxury items and material lifestyle. He owns several palace-like residences, luxury cars and yachts. With an estimated Net Worth of 36 billion euros, he is the richest man in Russia and one of the richest in Europe.

Estimated value: €36 billion