Browder was once a a shareholder at Gazprom, Surgutneftegas and other state-run enterprises in the 1990s, and he says that Putin's wealth hinges on a deal with Russian businessmen around this time that made Putin the "richest man in the world."
"One by one by one after Mikhail Khodorkovsky was convicted these other oligarchs went to Vladimir Putin and said, 'What do we have to do to not sit in that cage?' He said very straightforward—'50 percent.' Not 50 percent for the Russian government or 50 percent for the presidential administration of Russia, 50 percent for Vladimir Putin," Browder told Senator Sheldon Whitehouse.
So how much does Browder think Putin is worth? "I believe he is worth $200 billion."Read more...