But the impact of those sanctions may be largely symbolic. Although Putin is believed to hold billions of dollars in personal wealth, little is known about the exact amount or where it might be.
Putin has left almost no paper trail for his assets — mostly property — which are hidden behind complex financial schemes organized by his confidantes, according to a 2016 “Panama Papers” report by the International Consortium of Investigative Journalists. Among the luxuries that have been linked to Putin’s friends and family, but never directly to him, are a $100 million mega-yacht and a Black…
