How Vladimir Putin Spends His Billions

How Vladimir Putin Spends His Billions .💰

He worked as a KGB foreign intelligence officer for 16 years, rising to the rank of lieutenant colonel (podpolkovnik), before resigning in 1991 to begin a political career in Saint Petersburg. He moved to Moscow in 1996 to join the administration of president Boris Yeltsin. He briefly served as director of the Federal Security Service (FSB) and secretary of the Security Council, before being appointed as prime minister in August 1999. After the resignation of Yeltsin, Putin became acting president and, less than four months later, was elected outright to his first term as president. He was reelected in 2004. As he was then constitutionally limited to two consecutive terms as president, Putin served as prime minister again from 2008 to 2012 under Dmitry Medvedev, and returned to the presidency in 2012 in an election marred by allegations of fraud and protests; he was reelected again in 2018. In April 2021, following a referendum, he signed into law constitutional amendments including one that would allow him to run for reelection twice more, potentially extending his presidency to 2036