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Thread: Russia's former largest foreign investor: Putin is worth $200 billion.

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    Russia's former largest foreign investor: Putin is worth $200 billion.

    Russia's former largest foreign investor: Putin is worth $200 billion - Business Insider


    Russia's former largest foreign investor: Putin is worth $200 billion

    Hedge fund manager Bill Browder, once the largest foreign investor in Russia, estimates Russian President Vladimir Putin's wealth at $200 billion — which would make him by far the richest man in the world. When asked to estimate his net worth by Fareed Zakaria of CNN, Browder said: "I believe that it is $200 billion."After 14 years in power of Russia, and the amount of money that the country has made, and the amount of money that hasn't been spent on schools and roads and hospitals and so on — all that money is in property, Swiss bank accounts, shares, [and] hedge funds managed for Putin and his cronies."Bill Gates is considered the world's richest man with a net worth of $79 billion.Putin, a former KGB lieutenant colonel, became Russian prime minister in August 1999 and president in May 2000.Browder notes that the "first eight or 10 years about reign over Russia was about stealing as much money that he could." From 2001 to 2007, the Russian economy made average gains of about 7% per year, and its GDP grew six fold.As the economy (driven by oil) boomed in the 21st century, Putin consolidated power while making his friends and himself absurdly rich from state coffers."Soon after taking over, [Putin] made it clear that he intended to remove the Yeltsin-era elite and to put a new elite in its place—mostly from St. Petersburg, equally corrupt, but loyal exclusively to him," Anne Applebaum in wrote recently in The New York Review of Books.

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    Re: Russia's former largest foreign investor: Putin is worth $200 billion.

    Quote Originally Posted by Ryan5 View Post
    Russia's former largest foreign investor: Putin is worth $200 billion - Business Insider


    Russia's former largest foreign investor: Putin is worth $200 billion

    Hedge fund manager Bill Browder, once the largest foreign investor in Russia, estimates Russian President Vladimir Putin's wealth at $200 billion — which would make him by far the richest man in the world. When asked to estimate his net worth by Fareed Zakaria of CNN, Browder said: "I believe that it is $200 billion."After 14 years in power of Russia, and the amount of money that the country has made, and the amount of money that hasn't been spent on schools and roads and hospitals and so on — all that money is in property, Swiss bank accounts, shares, [and] hedge funds managed for Putin and his cronies."Bill Gates is considered the world's richest man with a net worth of $79 billion.Putin, a former KGB lieutenant colonel, became Russian prime minister in August 1999 and president in May 2000.Browder notes that the "first eight or 10 years about reign over Russia was about stealing as much money that he could." From 2001 to 2007, the Russian economy made average gains of about 7% per year, and its GDP grew six fold.As the economy (driven by oil) boomed in the 21st century, Putin consolidated power while making his friends and himself absurdly rich from state coffers."Soon after taking over, [Putin] made it clear that he intended to remove the Yeltsin-era elite and to put a new elite in its place—mostly from St. Petersburg, equally corrupt, but loyal exclusively to him," Anne Applebaum in wrote recently in The New York Review of Books.
    Putin made his money in the ancient way. Like tyrant.

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    Re: Russia's former largest foreign investor: Putin is worth $200 billion.

    What's the point, that oligarchs get rich off the backside of conflict? How profound.
    Killing one person is murder, killing 100,000 is foreign policy

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    Re: Russia's former largest foreign investor: Putin is worth $200 billion.

    Lol, moronic Russians at the end of the day.

    It's them who put him in power.

    Perhaps when Putin is in the grave they will have wised up.
    -----MOS 19D = cavalry scout = best damn MOS there is

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    Re: Russia's former largest foreign investor: Putin is worth $200 billion.

    I bet none of it is in rubles.
    I have CDO, it's like OCD but the letters are in alphabetical order like they should be.

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    Re: Russia's former largest foreign investor: Putin is worth $200 billion.

    Too bad all of that money will not be able to fix:

    #1 his physical ugliness

    #2 his moral/ethical ugliness
    -----MOS 19D = cavalry scout = best damn MOS there is

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    Re: Russia's former largest foreign investor: Putin is worth $200 billion.

    Quote Originally Posted by azgreg View Post
    I bet none of it is in rubles.
    No doubt, he's not that stupid. His wealth is in (I'd assume) dollars.
    -----MOS 19D = cavalry scout = best damn MOS there is

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    Russia's former largest foreign investor: Putin is worth $200 billion.

    Putin seems to be ravaging Russia. So sad for the people.
    Last edited by ckussner; 02-16-15 at 03:05 PM.

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    Re: Russia's former largest foreign investor: Putin is worth $200 billion.

    Quote Originally Posted by joG View Post
    Putin made his money in the ancient way. Like tyrant.
    His buddy Yanukovych the ex president of Ukraine was clearly trying to emulate the example of Putin before the Ukrainian people had the good sense to throw him out

    Toppled 'mafia' president cost Ukraine up to $100 billion, prosecutor says | Reuters

    The economic damage such corrupt and massive sequestrations have had on the much smaller Ukrainian economy can only be imagined

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    Re: Russia's former largest foreign investor: Putin is worth $200 billion.

    Good expose on Putin. Putin’s Way | FRONTLINE | PBS

    The short version is that Putin is corrupt as hell, and a murderer to boot. Essentially, Russia is governed by cruel criminals seeking to line their pockets and project their image as hard thugs...somehow that image is quite appealing to the Russian psyche. Perhaps even the ideal.

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