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After 14 years in power President Putin earned $ 200 billion

According to Bill Browder, the Head of the investment fund Hermitage Capital, for today, Russian President Vladimir Putin has $ 200 billion capital.

Giving an interview fir the American television channel CNN, Bill Browder stated that, according to preliminary estimates, after 14 years of his rule in Russia President earned $ 200 billion, Joinfo.ua reports with reference to CNN.

"After 14 years in power of Russia, and the amount of money that the country has made, and the amount of money that hasn't been spent on schools and roads and hospitals and so on, all that money is in property, bank – Swiss bank accounts, shares, hedge funds, managed for Putin and his cronies," Browder said.

According to CNN, Browder is former Russia's largest foreign investor and former supporter of President Putin. It was he who wrote about Putin in his "Red Notice: A True Story of High Finance, Murder and One Man"s Fight for Justice."

The head of Hermitage Capital was a 'shareholder activist' investing in Russia, and buying shares of the Russian companies. But soon he found out that the "the oligarchs and government officials were stealing all the profits out of these companies."

"So I thought the only way that I could run a sort of moral and profitable business would be to try to stop it. Basically, we'd research how they did the stealing and then we'd share it with the international media. And for about four years, this naming and shaming of Russian companies actually worked, because my interests coincided with Putin"s. And then it stopped," Browder concluded.