MOSCOW, April 15, 2015:
Russian President Vladimir Putin earned about US$151,000 (RM559,620) in 2014, less than many others in the presidential administration, according to details of his income declaration published by the Kremlin on Wednesday.
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.
Putin declared ownership of three Russian cars, a trailer, some land, an apartment and a garage. His earnings of 7.65 million roubles compared with about 3.6 million roubles in 2013, which was around US$100,000 at the exchange rate a year ago.
The Kremlin did not say how much of the 2014 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.
Kremlin critics ridicule the income declarations of top Russian officials, saying their real earnings are much higher.
Putin has ordered a temporary 10% pay cut for himself, Prime Minister Dmitry Medvedev and other state officials because of an economic downturn, worsened by a fall in oil prices and Western sanctions over the Ukraine crisis.
The highest earner in the presidential administration last year was Oleg Govorun, who heads a department for cooperation with countries in the Commonwealth of Independent States, Abkhazia and South Ossetia.
Details published by the Kremlin put his income in 2014 at more than 62 million roubles.