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Vladimir Putin 'named world's richest man with £160 BILLION fortune' - Hallo friendsBreaking News Today, In the article you read this time with the title Vladimir Putin 'named world's richest man with £160 BILLION fortune', We have prepared this article for you to read and retrieve information therein. Hopefully the contents of postings Article culture, Article News, Article politics, Article sports, We write this you can understand. Alright, good read.

Title : Vladimir Putin 'named world's richest man with £160 BILLION fortune'
link : Vladimir Putin 'named world's richest man with £160 BILLION fortune'

Vladimir Putin 'named world's richest man with £160 BILLION fortune'

RUSSIAN hardman Vladimir Putin's megayacht, 58 planes, and 20 palaces have made him the richest man in the world, experts claim.

But despite forking out on high-tech kit for his futuristic army, experts claim the president has amassed the largest fortune in the world.

His most valuable asset is believed to be a huge palace allegedly built for the Kremlin leader, which is said to be worth £800 million, has 67 hectares and even its own village for Putin's staff.

Putin is also never shy about displaying his wealth, and is often spotted on his very own superyacht, the Olympia.

Allegedly a gift from Chelsea owner Roman Abramovich, the £25 million boat stands at a whopping 57 metres.

Russian fund manager Billl Browder added that Putin's access to Swiss bank accounts and lack of spending on Russian needs had seen his own personal fortune swell to £160 billion.

He said: "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, hedge funds, managed for Putin and his cronies."

Putin's display of wealth have drawn widespread criticism, which people have claimed go far beyond his official salary of around £80,000.

But Mr Browder shockingly claimed Putin owns more than 20 palaces and 58 planes and helicopters.

Putin has long denied accusations that he is rich, often playing up his humbler beginnings in St Petersburg.

He said: "They have picked this in their noses and have smeared this across their pieces of paper."

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