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NOTHING IS PERMANENT EXCEPT CHANGE

Path to power: how Putin’s band of brothers became billionaires

Roger Boyes and Katerina Kravtsova

In the winter after the fall of the Berlin Wall in 1989, the 38-year old KGB officer Vladimir Putin returned almost penniless from Dresden to his native city of St Petersburg in the collapsing Soviet Union. He had a 20-year-old washing machine and savings from his monthly salary of $270.

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