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Vladimir Putin earned less than prime minister in 2014

April 15, 2015, 11:12 UTC+3
Vladimir Putin still owns two rare Volga cars, a Niva car and a Skif trailer
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Russian President Vladimir Putin

Russian President Vladimir Putin

© Alexei Nikolsky/Russian presidential press service/TASS

MOSCOW, April 15. /TASS/. Russian President Vladimir Putin earned 7.65 million rubles ( a little over $147,000 at current exchange rate) in 2014, twice as much as in 2013, according to his tax declaration published on the Kremlin’s website on Wednesday.

In 2013, Putin’s income was 3.67 million (around $70,000). A year ago, Putin signed a decree increasing the salary of the president and the prime minister by 2.65 times. At that moment, their salaries were less than those of their subordinates. This year, amid the economic crisis, Putin announced that since March 1 the salary of the president, prime minister and many other officials will be cut by 10%

These measures are to be reflected in the tax declarations for 2015 that will be published in April 2016.

The president’s movable and immovable assets remained unchanged.

They include a 1,500 square meter plot of land, a 77-square-meter flat and an 18-square-meter garage. Putin has an accommodation right to the second apartment of 153.7 square meters and an 18-square-meter garage. All the property is located in Russia.

Putin still owns two rare Volga cars (GAZ M21 and GAZ M21R), a Niva car and a Skif trailer.

The tax declaration has no information on Putin’s ex-wife Lyudmila for the second year in a row.

Russian Prime Minister Dmitry Medvedev’s income doubled in 2014. Medvedev earned around 8 million rubles (a little over $153,000), which is 3.8 million rubles ($73,000) more than in 2013, when he earned around 4.3 million rubles ($82,7532).

Medvedev’s press secretary Natalia Timakova said that the prime minister "has no other sources of income apart from his salary." In 2014, Medvedev’s monthly salary stood at around 670,000 rubles ($13,260).

According to the income declaration, Medvedev remains an owner of an apartment of 367.8 square meters, a land plot of 4,700 sq m and two rarity cars - GAZ-M20 Pobeda manufactured in 1948 and GAZ-21 M21 Volga manufactured in 1962.

The richest official in the Russian government is Deputy Prime Minister Alexander Khloponin who earned 280 million rubles ($5.4 million). Minister for Open Government affairs Mikhail Abyzov, Industry and Trade Minister Denis Manturov and Deputy Prime-Minister, presidential representative in the Far Eastern Federal District Yuri Trutnev are also high on the list earnin respectively 222 million ($4.2 million), 113 million ($2.1 million) and 179.5 million ($3.4 million) rubles. In 2013, Abyzov held first place with 282.9 million ($5.4 million).

First Deputy Prime Minister Igor Shuvalov, who for several years running invariably featured among the top richest Cabinet members, in 2014 appears to have had no income other than the ministerial salary. Whereas in 2013 he declared 240.9 million robles ($4.6 million), last year’s income totaled a tiny 9.2 million rubles ($177,000). The same applies to his wife. Her declared income went down by a factor of 5.5 to 42.9 million roubles ($858,000).

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