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This politician is richer than Elon Musk, Jeff Bezos, Mukesh Ambani!

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Vladimir Putin may be the richest person in the world with a net worth of more than $200 billion.  - AFP/File
Vladimir Putin may be the richest person in the world with a net worth of more than $200 billion. – AFP/File

Officially, Bernard Arnault, owner of luxury goods brand LVMH, may be the richest man on Earth, but reports suggest that one politician is richer than them all, ndtv informed of.

Vladimir Putin, who became the President of Russia for the fifth time, may be richer than Elon Musk, Jeff Bezos and Mukesh Ambani.

Even though Putin claims that his annual salary is $140,000 and he lives in a modest 74-square-meter apartment, the Russian president’s net worth, which is estimated at $200 billion, tells an entirely different story.

According to reports, Putin owns a fleet of luxury cars, dozens of private jets, luxurious mega yachts and a wide range of real estate holdings.

The most iconic symbol of Putin’s wealth is its alleged Black Sea mansion, located near the coastal city of Gelendzhik.

The property, named “Putin’s Country Cottage”, includes an amphitheater, a state-of-the-art ice hockey rink, a Vegas-style casino and a nightclub.

In addition, Putin is believed to own 19 other homes, 700 cars, 58 planes and helicopters, and a $716 million plane, humorously named “The Flying Kremlin.”

The President reportedly owns a mega yacht named Scheherazade, worth $700 million, further fueling speculation about the extent of his wealth.

He is believed to have an extensive collection of luxury watches, which are worth six times his stated salary.

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Rahul is a writer for TheLocalReport.in, focusing on latest news and current affairs. With sharp insights and dedication to accuracy, he keeps readers informed and connected with timely updates and analysis.