Vladimir Putin Net Worth

Joins KGB as Officer

Putin begins his 16-year career as a KGB intelligence officer, earning a modest government salary. This position provides him with connections and skills that would later prove invaluable in his political rise.

Moves to Moscow Government

After working in Saint Petersburg city administration, Putin moves to Moscow and joins the federal government under Yeltsin. His rapid ascent through the ranks begins, though he remains largely unknown to the public.

Appointed Prime Minister by Yeltsin

Yeltsin appoints Putin as Prime Minister in August 1999, positioning him as successor. His tough stance on the Second Chechen War boosts his popularity and national profile dramatically.

Becomes President of Russia

Following Yeltsin's surprise resignation, Putin wins the presidential election and begins consolidating power. He starts bringing oligarchs under state control while benefiting from rising oil prices that drive economic recovery.

Second Term and Power Consolidation

Putin wins re-election and further centralizes authority, taking control of major state assets and media. His global influence grows as Russia's economy strengthens and he becomes increasingly authoritarian.

Prime Minister Under Medvedev

Constitutional term limits force Putin to become Prime Minister, though he remains Russia's dominant political figure. The Georgia War demonstrates his willingness to use military force to assert regional dominance.

Returns to Presidency Amid Protests

Putin returns to the presidency despite large protests over election fraud, signaling his unshakeable grip on power. His third term marks increased authoritarianism and anti-Western rhetoric.

Annexation of Crimea

Putin orders the annexation of Crimea from Ukraine, resulting in Western sanctions but boosting his domestic popularity to record highs. This move establishes him as a major disruptor of the international order.

Constitutional Changes Enable Lifelong Rule

Putin oversees constitutional amendments allowing him to remain president until 2036, eliminating term limits. The poisoning of opposition leader Alexei Navalny further demonstrates his ruthless suppression of dissent.

Ukraine War and International Isolation

Putin's 2022 invasion of Ukraine led to unprecedented Western sanctions and international condemnation, yet he maintains absolute control domestically. Despite economic pressure and military setbacks, he remains one of the world's most powerful and recognizable leaders.