A university academic who co-authored a Chatham House report on kleptocracy has offered his thoughts on the Russian president's wealth
Vladimir Putin could be the richest man alive as none of the wealth belonging to Russia's oligarchs and Kremlin insiders is off-limits, an academic has suggested.
He explained: "In a kleptocracy , potentially ALL the wealth of the oligarchs and Kremlin insiders is available for Putin/Russia's use. There is no line between public and private. What this means in practice is difficult to say." As of July 9th 2024, Elon Musk was the wealthiest individual globally, boasting a net worth of $252.4 billion, followed by Amazon founder Jeff Bezos at $215.9 billion, according to Forbes India.
In a 2022 article, Forbes presented three theories about the wealth of Putin, The Khodorkovsky Model , The Mafia Model , and The Bluster Model .
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