Wednesday, July 29, 2015

Putin ‘is the richest person in the world until he leaves power’

The man who used to be the “Kremlin’s banker” says that as long the Russian president Vladimir Putin remains in power, he’s the richest person in the world.

“Everything that belongs to the territory of the Russian Federation Putin considers to be his,” Sergei Pugachev told The Guardian’s Luke Harding. “Everything – Gazprom, Rosneft, private companies. Any attempt to calculate it won’t succeed.

“He’s the richest person in the world until he leaves power.”

Although Putin’s exact wealth is unclear, hedge fund manager Bill Browder previously estimated it at $200 billion during an interview with CCN’s Fareed Zakaria. Full story...

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