Heritage by Vladimir Putin: a mysterious “cooperative” of companies uncovered thanks to leaks

Eighty-six companies totaling more than 4 billion euros in assets, suspected of sheltering the fortune of the Russian president, share the same mail domain name: llcinvest.ru.

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This is one of the best kept secrets in Russia: the magnitude of Vladimir Putin’s fortune, which displays a modest lifestyle and officially receives only a salary of 11,000 euros per month. For years, journalists and NGOs have been trying to map the real heritage of the Russian president, suspected of holding many luxury real estate properties, yachts, jets and bank accounts.

He had never been possible to demonstrate the link between Mr. Putin and these various assets, including official owners, wealthy oligarchs or the presidents of the president, are suspected of playing the ready- names on his behalf. Thus of the sumptuous “Palais de Putin” by the Black Sea, estimated $ 1 billion (around 950 million euros) by opponent Alexei Navalny , whose property is claimed by billionaire Arkadi Rotenberg, longtime friend and partner of judo of the Russian president. But also vineyards close to the property – held by the Oligarch Guennadi Timtchenko and by the son of a childhood friend of Mr. Putin. Or the Russian ski resort Igora, connected to Svetlana Krivonoguikh, deemed to maintain a romantic relationship for a long time with the master of the Kremlin.

But a detail of harmless appearance, revealed Monday June 20 by A excavated survey of the consortium of investigative journalists Organized Crime and Corruption Reporting Project (Occrp) and

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/Media reports.