Amazon CEO Jeff Bezos made waves this week when he briefly unseated Bill Gates as the wealthiest person in the world, according to Bloomberg’s tracker. The two U.S. tech titans are jockeying for the lead at around $90 billion each. But according to Hermitage Capital Management CEO Bill Browder, they’re nothing compared to Russian President Vladimir Putin, whose personal fortune Browder “believes” to be $200 billion.
Browder, who made the claim before the Senate Judiciary Committee on Thursday, is one of the best authorities on Putin’s business dealings. Browder was a major investor in Russia during the chaotic 1990s, when, according to Newsweek, he took stakes in former state-run enterprises such as Gazprom. During the same period, Browder cooperated with Putin in anticorruption efforts, but eventually found himself targeted by Putin. That conflict eventually led to the jailing and death of Russian lawyer Sergei Magnitsky, and in turn to the Magnitsky Act sanctions against certain Russian oligarchs by the U.S…
Source: Vladimir Putin Is Richer Than Jeff Bezos and Bill Gates Combined | Fortune.com
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