Putin's income is 'modest'

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The Independent Online

Russia's Prime Minister Vladimir Putin earns £90,000 a year and owns one home – a small apartment in his home town – an official income statement claims.

Mr Putin's wealth has long been the focus of speculation by opponents who portray him as one of the richest men in the world. But his official income statement, published in the government newspaper Rossiyskaya Gazeta, put his earnings over the past four years at 17.7m roubles (£360,000) from salary, a KGB pension and interest from bank deposits.