Boris Yeltsin - Famous President

Boris Yeltsin Net Worth


Boris Yeltsin, a famous Russian politician, had a net worth of $2 million at the time of his death in 2007. He served as the first president of Russia and is credited with transforming Russia’s economy.

Key facts:

  • Boris Yeltsin served as the first president of Russia and is credited with transforming Russia's economy.
  • Yeltsin was an effective reformer and advocated for democracy and economic reform, garnering widespread support from the people of Russia.
  • In 1991, Yeltsin played a crucial role in defeating a coup attempt to overthrow then-leader Mikhail Gorbachev, solidifying his political position.
  • Yeltsin worked to dissolve the Soviet Union and establish the Russian Federation, leading to the official end of the Cold War.
  • Yeltsin's presidency was marked by harsh austerity measures, including raising interest rates, cutting back on government spending, and raising taxes, resulting in a devastating impact on the standard of living for many Russians.

Basic Information About Boris Yeltsin

CategoryPoliticians β€Ί Presidents
Net worth$2,000,000
Date of birth1931-02-01
Place of birthButka, Ural Oblast, Russian SFSR, Soviet Union
Date of death2007-04-23 (aged 76)
NationalitySoviet (1931-1991), Russian thereafter
Social Mediaβ†—οΈŽ Wikipedia

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The Extraordinary Life of Boris Yeltsin

Throughout history, there have been individuals who leave an indelible mark on their nation and the world. One such figure is Boris Yeltsin, the first President of Russia. Known for his bold leadership and determination, Yeltsin ushered in a new era of political and economic transformation. From his humble beginnings to his triumphs and challenges, let us delve into the life of this extraordinary statesman.

Net Worth Details

Boris Yeltsin was a Russian politician who had a net worth of $2 million at the time of his death in 2007. His wealth might not have matched that of other prominent figures, but his contributions to Russia’s transformation were priceless.


What is Boris Yeltsin known for?

Boris Yeltsin is renowned for serving as the first President of Russia and transforming the country’s economy. He played a pivotal role in dismantling the Soviet Union and initiating democratic reforms.

Early life and education

Born on February 1, 1931, in Butka, Ural Oblast, Yeltsin grew up in Kazan, Tatar. He hailed from a poor family with a long history in the area. Despite the challenges he faced during his upbringing, Yeltsin excelled in school and eventually enrolled in Pushkin High School. His academic achievements led him to Ural Polytechnic Institute, where he studied industrial and civil engineering. After graduating in 1955, he embarked on a career in construction with the Lower Iset Construction Directorate.


In 1961, Yeltsin joined the Communist Party and dedicated himself to public service. By 1976, he became the first secretary of the Sverdlovsk oblast committee, where he forged a friendship with Mikhail Gorbachev. When Gorbachev assumed the leadership of Russia, he appointed Yeltsin to tackle corruption in government. Although Yeltsin proved effective in this role, his critiques of Gorbachev’s leadership led to his demotion. However, he remained a popular figure among the Russian people, admired for his advocacy of democracy and economic reforms.

In 1989, Yeltsin secured a seat in the U.S.S.R Congress of People’s Deputies through competitive elections. The following year, he was elected chairman of the Supreme Soviet of the Russian Soviet Federation Socialist Republic, despite Gorbachev’s disapproval. Yeltsin’s resignation from the Communist Party in July symbolized his growing influence and determination to effect change.

In July 1991, Yeltsin won the democratic presidential election for the Russian republic, defeating Gorbachev’s preferred candidate. His steadfastness and opposition to a coup staged in 1991 cemented his political ascendancy. As he implemented radical economic reforms and expanded democracy, Yeltsin’s leadership marked a turning point in Russian history. He even played a significant role in officially ending the Cold War alongside U.S. President George H. W. Bush.

Yeltsin’s tenure was not without challenges. The harsh austerity measures he implemented, including raised interest rates and reduced government spending, caused immense hardship for many Russians. Nevertheless, despite facing protests and escalating tensions with the Supreme Soviet, Yeltsin persevered.


Boris Yeltsin passed away in April 2007 from congestive heart failure at the age of 76. His legacy as a leader who defied the odds and reshaped Russia will forever be remembered.


Boris Yeltsin’s accomplishments extend far beyond his role as President of Russia. He received numerous awards and accolades for his contributions to politics, including the Order of Lenin and the Order of St. Andrew.

Furthermore, Yeltsin’s pivotal role in ending the Cold War and promoting democratic reforms earned him international recognition. His leadership during this transformative period influenced the course of history and solidified his place among renowned figures.

The Enduring Legacy

Boris Yeltsin left an indelible mark on Russia’s history, making significant strides as a political reformer and advocate for democracy. While his presidency was not without controversy, Yeltsin’s unwavering commitment to change and economic transformation reshaped Russia’s future.

Yeltsin’s biography serves as an inspiration to individuals facing adversity and aiming to make a difference. His story reminds us that even those who come from humble beginnings can rise to greatness and leave a lasting impact on the world.

Boris Yeltsin Famous Network

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