Putin’s 2014 earnings put at US$151,000
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Russian President Vladimir Putin earned about US$151,000 last year, less than many others in the presidential administration, according to details of his income declaration published by the Kremlin yesterday.
Putin’s wealth has long been the focus of speculation by opponents who portray him as one of the richest men in the world, allegations he has dismissed.
The president declared ownership of three Russian cars, a trailer, some land, an apartment and a garage. His earnings of 7.65 million roubles were up from about 3.6 million roubles in 2013, which was about US$100,000 at the exchange rate a year ago.
The Kremlin did not say how much of last year’s income was made up by Putin’s salary, which is not public knowledge, but was raised a year ago.
His income declaration has in the past included a KGB pension and interest from bank deposits.
Putin earned much less last year than Barack Obama, who was paid US$400,000 for his position as United States president and had additional income from book sales.
Kremlin critics ridicule the income declarations of top Russian officials, saying their real earnings are much higher.
A report by two opposition figures in 2012 said the perks of being president in Russia included having access to yachts, palaces and aircraft.
The average nominal salary in Russia was 36,620 roubles in February, according to the state statistics agency.
Putin earlier ordered a temporary 10 percent pay reduction for himself, Prime Minister Dmitry Medvedev and several other state officials because of an economic downturn in the country, which was worsened by a fall in oil prices and Western sanctions over the ongoing Ukraine crisis.
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