Tesla and SpaceX CEO, Elon Musk says he may be the richest man in the world in theory, but believes that he only holds the title.
The Russian President, Vladimir Putin, Elon Musk says, is the richest man in the world in the actual sense of the word, a report by Fortune says.
Musk says he thinks Putin is immensely wealthier than him, he told Mathias Dopfner, the CEO of Axel Springer, the parent company of Business Insider on Saturday, March 26, 2022.
Musk overtook Amazon boss, Jeff Bezos in the race to become the richest man in the world. His net worth stands at $270 billion as of Saturday, March 26, 2022, Forbes says.
It is not actually clear how much the Russian strongman is worth.
It is reported that Putin earns $140,000 in an annual salary. His publicly known asset includes an 800-square foot apartment, a trailer and three cars.
He is rumoured to own a 190,000 square-foot mansion sitting on top of a cliff overlooking the Black Sea. The property has a reputation as the largest private residence in Russia and serves as his personal palace, called Putin’s Cottage.
But experts believe he may be the richest man in the world.
Moscow denies Putin owns the palace, saying it belongs to a wealthy oligarch. But analysts say it is a lie, saying no businessman can a propety like that being guarded by the FSB (Russia’s federal security service) with a no-fly over it.
Report also says he owns 19 other houses and 700 cars, including 58 aircraft and helicopter, plus a $718 million plance codenamed ‘The Flying Kremlin’ that has a toilet made of gold.