The New York TimesThe New York Times

Putin Faces Sanctions, but his Assets Remain an Enigma

By Mike McIntire and Michael Forsythe

26 Feb 2022 · 1 min read

When Western governments announced Friday their intention to freeze assets belonging to President Vladimir Putin of Russia as punishment for invading Ukraine, there was no indication they knew of significant holdings that could be tied to him.

In fact, very little is known about what Putin owns and where it could be. Despite years of speculation and rumor, the extent of his wealth remains maddeningly opaque, even as billions of dollars have sluiced through the accounts of his close friends and luxury properties have been connected to family members.

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