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Belkovsky: Putin’s Personal Fortune No Less than $41 Billion

Although this information from Stanislav Belkovsky is not new, I did not want to let it slip through the cracks. Anders Aslund picked up the quote from the German press: “In a sensational interview in Germany’s Die Welt on Nov. 12, Stanislav Belkovsky, the well-connected insider who initiated the Kremlin campaign against Yukos in 2003, made specific claims about Putin’s wealth. He alleged that Putin owned 37 percent of Surgutneftegaz (worth $18 billion), 4.5 percent of Gazprom ($13 billion) and half of Timchenko’s company, Gunvor (possibly $10 billion). If this information is true, Putin’s total personal fortune would amount to no less than $41 billion, placing him among the 10 richest in the world.