ViKtor Bout is widely known to be a Russian arms dealer who was recently released from a prison in the united state. Russia and the United States conducted a prisoner exchange and Victor happens to be the one. Many estimates ViKtor Bout net worth to be in hundreds of millions of dollar. In this article we will look at how much he is actually wealth.
Who is Viktor Bout?
Russian arms dealer Viktor Bout was detained in Thailand in 2008 and later found responsible of conspiring to murder US citizens and giving financial support to a terrorist group. He received a 25-year prison term, but as part of a prisoner swap with the US, he was freed in 2022.
In 1967, Bout was born in Dushanbe, Tajikistan. He started out as an air freight forwarder but soon turned into the guns business. The Democratic Republic of the Congo, Angola, Sierra Leone, and other conflict zones are among places where it is believed he had a hand in the distribution of weaponry.
The media nicknamed Bout the “Merchant of Death.” He was also the focus of the Nicholas Cage-starring film “Lord of War” from 2005.
Bout completed his studies at the military institute for foreign languages before joining the Soviet armed forces. He gained fluency in Portuguese, Persian, Arabic, English, French, and Russian via his schooling. Due of his multilingualism, Bout supposedly worked as a translator for the Soviet army.
Moreover, Bout held a number of jobs following his military service. He started an air cargo company called Air Cess that operated out of Angola in accordance with his website.
The business provided goods and services to the United States, France, and the UN. Before the Taliban rule in 1994, Bout sent shipments to the Afghan government. Bout also spent time as a GRU major, KGB agent, and Soviet Air pressure officer, in line with other claims.
Viktor Bout net worth.
Bout had been seen as one of the most active arms dealers in the world prior to his arrest. He had a track record for being able to obtain weapons from many different places and transfer them to war areas all around the world. He was also famous for his close relationships with some of the most infamous warlords and leaders in the world.
Given that a large portion of Bout’s fortune was hiding or kept in offshore accounts, it is challenging to calculate his net worth. His net worth, however, has been believed to be between $500 million and $1 billion, as of 2023.
It’s also important to note that Bout’s legal fees from his trial and appeals may have greatly reduced his net worth. Additionally, he suffered a major financial loss as a result of the US government seizing his property.
In the end, it is hard to determine Viktor Bout’s exact net worth. But it is obvious that he was a wealthy man who profited greatly from the illicit arms trade.
What happened to Viktor?
Bout became the target of a sharp operation planned with the help of the Drug control office in the beginning of 2008. In the end, he was detained in Bangkok, Thailand, using an Interpol red note that the US had issued. Later in the year, an extradition hearing was held in Bangkok.
A sting operation by US law enforcement led to Bout’s arrest in Thailand. He was found trying to provide a rebel group in Colombia with firearms. He was returned to the country and found guilty there in the US in 2011.
The Bangkok Criminal Court found in Bout’s favor in August 2009; however, America appealed the decision the following year and overturned it.
Bout was eventually deported to America in the latter part of 2010. The Russian government was angered by this and argued that the extradition was unlawful and politically inspired. In response, the Russian government imposed sanctions on everyone complicit in the extradition.
Some individuals think he was an honest businessman who was wrongfully imprisoned. Others think he is a dangerous arms dealer who should have remain behind bars.
However, in December 2022, Viktor was freed from jail as part of Russia’s prisoner trade with the US. He was swapped for Brittney Griner, a popular basketball player from the US who had been detained on drug-related charges in Russia.