Alexei Navalny Net Worth
Alexei Navalny has an estimated net worth of $3 million. Alexei Anatolievich Navalny is a noted Russian lawyer and political activist, known as much for his crusade against corruption as for his opposition to Russian President Vladimir Putin. Russian Investigators accused him of spending more than 356 million roubles ($4.8 million) of donations made to his organizations for private purposes such as taking vacations abroad. However, he denied the allegations.
Alexei Navalny began his legal career at the age of twenty-one, joined the United Democratic Party of Russia (Yabloko) at twenty-three, and earned his degree in economics at twenty-four. At thirty-one, he co-founded a new political movement called “The People.” At the age of thirty-two, he emerged as an active shareholder, founding the Union of Minority Shareholders that same year and eventually launching other platforms such as RosPil (2010) and RosYama (2011).
At the age of 35, he intensified his movement by urging voters not to vote for the country’s largest political party, United Russia, and very soon led protests against fraudulent election procedures, which in turn led to his arrest and international prominence.
Since then, he has been indicted in several fraud cases, resulting in lengthy house arrest and prison sentences, as well as disqualification from running for president of Russia.
To calculate the net worth of Alexei Navalny, subtract all his liabilities from his total assets. Investments, savings, cash deposits, and any equity he has in a house, car, or other similar asset are included in the total assets. All debts, such as personal loans and mortgages, are included in total liabilities.
Here’s the breakdown of his net worth:
|Net Worth:||$3 Million|
|Monthly Salary:||$10 Thousand|
|Annual Income:||$200 Thousand|
|Source of Wealth:||Russian Lawyer, Political Activist|
Early Years and Education
Alexei Anatolievich Navalny was born in Butyn, Russia, on June 4, 1976, to Anatoly Ivanovich and Lyudmila Ivanovna. The son of an army communications officer, he grew up in various military towns around Moscow and spent summers with his grandmother in the countryside near Chernobyl, Ukraine.
Navalny graduated from the Russian University of Friendship of Peoples with a law degree in 1998 before earning his master’s degree from the State Academy of Finance in 2001. In 2010, he spent a semester at Yale University as part of the World Fellows programme.
Early Political Career
Around the time he began working as a lawyer in the late 1990s, Nawalny joined Yabloko, Russia’s United Democratic Party. He became deputy chairman of the Moscow branch, but clashed with the party leadership over his nationalist views and was expelled from the party in 2007.
As a result, Navalny founded the National Liberation Movement of Russia, which took a tougher stance on immigration issues. During the 2008 Russian-Georgian war, he called for the deportation of Georgians and made a video in which he shoots an attacker with a traditional Middle Eastern keffiyeh to promote gun rights.
In 2009, Navalny was an advisor to the governor of the Kirov region, Nikita Belykh.
Blogger and Anti-Corruption Activist
With his LiveJournal blog already garnering a sizable following, Navalny began using his platform to draw attention to shady state business dealings. He published a report in November 2010 alleging the theft of $4 billion from the oil-transport monopoly Transneft during the construction of a major pipeline. Several weeks later, Navalny launched the website RosPil.net, inviting users to submit publicly available government contracts as evidence of wrongdoing.
The following year, Navalny established the Anti-Corruption Foundation (FBK) to investigate the misappropriation of state funds. The findings of these investigations were made public in YouTube videos, which frequently embarrassed officials from Vladimir Putin’s United Russia party. One 2017 video, which focused on then-Prime Minister Dmitry Medvedev’s enormous wealth, received over 40 million views.
The government eventually cracked down on the FBK, and it was disbanded in June 2021 after being formally designated as a “extremist” group.
Opposition Leader and Arrests
Navalny first gained international attention in December 2011, when he was arrested for organizing anti-Russian election protests. He appealed to younger voters while also drawing criticism for referring to United Russia as a “party of crooks and thieves.”
Navalny was charged with stealing $500,000 from a state-owned lumber company in 2013. After being released on bail, he ran unsuccessfully for mayor of Moscow that summer, before being arrested again that fall for allegedly defrauding two more Russian companies with his brother Oleg. Navalny received a suspended sentence, while his brother was imprisoned.
Navalny announced his intention to run for president after his original criminal conviction was overturned by Russia’s Supreme Court in 2016. His campaign, however, was derailed when he was hauled back into court for a retrial on the 2013 charges and was sentenced to another suspended sentence.
After being arrested and briefly imprisoned again in July 2019 for leading additional protests, Navalny responded by launching the “Smart Voting” website to raise awareness of opposition leaders best suited to defeat United Russia candidates at the ballot box.
Assassination Attempt and Imprisonment
In August 2020, Navalny became seriously ill on a flight to Moscow, prompting an emergency landing in Omsk. He was eventually allowed to seek medical attention in Berlin, Germany, where it was determined that he had been poisoned with a Russian-developed nerve agent known as Novichok.
After being released from the hospital a month later, Navalny collaborated with news organizations and the London-based investigative group Bellingcat to track down his would-be assassins from Russia’s Federal Security Service (FSB).
He even got one of these security guards on the phone and tricked him into admitting the nerve agent had been applied to the target’s underwear.
When Navalny returned to Moscow in January 2021, he was arrested for violating the terms of his probation. He was sentenced to nine years in a maximum-security prison in March 2022 for embezzling funds from his Anti-Corruption Foundation after going on hunger strike.
Awards and Recognition
Navalny was nominated for the Nobel Peace Prize in early 2021. Later that year, he received the Sakharov Prize for Freedom of Thought from the European Parliament.
The activist was the subject of the 2022 documentary Navalny, which follows him as he recovers in Germany after the poisoning and returns to Russia to face incarceration.
Wife and Children
Navalny met fellow student Yulia Abrosimova in the late 1990s while on vacation in Turkey, and they married in 2000. Yulia Navalnaya, as she is now known, has built her own profile as a staunch supporter of her husband’s anti-corruption stance. Darya, the couple’s daughter, and Zakhar, their son, were born.
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