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Putin's Income Increased to 8.9 Million Rubles in 2015

Russian President Vladimir Putin’s official income rose by 1 million rubles (roughly $15,000) in 2015, according to his annual declaration of property and earnings. It brings his total annual pay to 8.9 million rubles ($133,000), the Interfax news agency reported Friday.

The Russian leader also declared a modest 1500 square meters of land, a 77 square meter apartment and a garage. He also has the use of a state-owned apartment with its own parking space.

The amount of property officially owned by the president has not changed since 2014. He also declared three vehicles: a Soviet GAZ-М-21, a 'Niva' model Lada, and a Skiff boat trailer.

There was no mention of Putin's alleged new $1 billion mansion, or any income from shares or investments.

In 2007, a CIA report estimated Putin's wealth at around $40 billion — a statement on which he declined to comment. He has been named as Forbes' most powerful man for the third year in a row.

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