Table: Boris Yeltsin’s Profile
| Category | Information |
|---|---|
| Net Worth | $2 million (at the time of his death in 2007) |
| Salary | N/A |
| Birthdate | February 1, 1931 |
| Birthplace | Butka, Ural Oblast, Russia |
| Gender | Male |
| Height | N/A |
| Profession | Politician |
| Nationality | Russian |
Boris Yeltsin’s Net Worth: A Closer Look at the First President of Russia
Boris Yeltsin, the first president of Russia and a prominent political figure, had a net worth of $2 million at the time of his death in 2007. Throughout his life, Yeltsin played a pivotal role in the transformation of Russia’s economy. This article delves into the highlights of Yeltsin’s life, his early years, his career, personal life, and the components that contributed to his net worth.
Highlights
– Boris Yeltsin had a net worth of $2 million at the time of his death in 2007.
– He served as the first president of Russia and played a crucial role in transforming the country’s economy.
Early Life
Boris Yeltsin was born on February 1, 1931, in Butka, Ural Oblast, Russia. He grew up in Kazan, Tatar, in a poor family of ethnic Russians. Yeltsin’s father, Nikolai Yeltsin, was known for his abusive behavior towards his children and wife. Despite the challenging circumstances, Yeltsin excelled in school and studied at Pushkin High School. Later, he pursued his education in industrial and civil engineering at Ural Polytechnic Institute, graduating in 1955. After completing his studies, Yeltsin worked with the Lower Iset Construction Directorate, contributing to various construction projects. In 1961, he joined the Communist Party.
Career
Yeltsin’s career within the Communist Party progressed steadily. By 1968, he became a full-time party member and went on to serve as the first secretary of the Sverdlovsk oblast committee in 1976. During this time, Yeltsin developed a friendship with Mikhail Gorbachev, who would later become the leader of Russia. Yeltsin’s dedication to fighting corruption in the government earned him popularity among the Russian people. However, his criticism of Gorbachev’s leadership led to his resignation from a leadership role in the Moscow party in 1987. Despite the setback, Yeltsin remained active in government as the deputy minister for construction and retained his popularity due to his advocacy of democracy and economic reform.
In 1989, Yeltsin won a seat in the U.S.S.R Congress of People’s Deputies and was elected chairman of the Supreme Soviet of the Russian Soviet Federation Socialist Republic in 1990 against Gorbachev’s wishes. Yeltsin left the Communist Party in 1990 and went on to become the president of the USSR in 1991, following a successful democratic presidential election. He played a crucial role in standing against a coup attempt that aimed to overthrow Gorbachev. Yeltsin’s determination and actions resulted in the failure of the coup and marked the beginning of his significant influence.
Personal Life
Yeltsin married Naina Iosifovna Girina, whom he met during his college years, in September 1956. They had two daughters together, Yelena and Tatyana. During his presidency, Yeltsin battled heart disease, experiencing multiple heart attacks while in office. Additionally, he developed a dependency on alcohol during the later years of his political career, leading to various incidents of unusual behavior that garnered international attention. Boris Yeltsin passed away in April 2007 due to congestive heart failure, leaving behind a legacy as a prominent figure in Russian history.
Net Worth Over Time
Boris Yeltsin’s net worth was estimated to be $2 million at the time of his death in 2007. Throughout his political career, Yeltsin focused on transforming Russia’s economy and implementing democratic reforms. However, his policies, including macroeconomic stabilization measures, austerity measures, and cuts to welfare programs, resulted in skyrocketing prices and an overall decline in the standard of living for many Russians. Despite these economic challenges, Yeltsin’s commitment to democracy and economic reform earned him substantial popularity among the Russian population.
Components of Net Worth
Boris Yeltsin’s net worth was primarily attributed to his political career and involvement in the Communist Party. He served as the first president of Russia and implemented various economic reforms. Additionally, his advocacy for democracy and fight against corruption contributed to his popularity among the Russian people. However, Yeltsin’s net worth estimation does not include details about any potential assets or investments he may have had during his lifetime.
In conclusion, Boris Yeltsin, the first president of Russia, had a net worth of $2 million at the time of his death. He played a significant role in transforming Russia’s economy and implementing democratic reforms. Despite facing economic challenges and criticisms, Yeltsin’s commitment to advocating democracy and fighting corruption earned him substantial popularity throughout his career.