About Mikhail Gorbachev
It has been stated that the overall estimate of Mikhail Gorbachev net worth reaches as high as 5 million dollars, which makes him not only one of the most famous politicians, but also one of the richest of them. He is mostly known as a former Soviet statesman. Mikhail Gorbachev was the 8th Soviet Union leader and also the last one.
In 1985, he was appointed to the post of the General Secretary of the Communist Party of the Soviet Union and he served as such until 1991 as in that year, the party was dissolved. In the period of 1988-1991, he also served as the Soviet Union’s head of state. In the period of 1988-1989, Mikhail Gorbachev was the Chairman of the Presidium of the Supreme Soviet. Then, in 1989, he became the Chairman of the Supreme Soviet and he served as such for one year. In the period of 1990-1991, Mikhail Gorbachev was the President of the Soviet Union. Thus, all of these posts have made him one of the most recognized Soviet Union leaders and also increased the overall amount of Mikhail Gorbachev net worth by a mile.
The politician was born in 1931 in Stavropol Krai and was raised in a peasant family.
When he was a teenager, Mikhail Gorbachev operated combine harvesters on collective farms. In 1955, he earned his law degree from Moscow State University. It was also during his student times when he became involved in politics and joined the Communist Party. He became one of the most active members of it.
In 1970, he was already holding the post of the First Party Secretary of the Stavropol Regional Committee. Four years after that, Mikhail Gorbachev became the First Secretary to the Supreme Soviet. In 1979, he became a member of the Politburo. The Politburo chose him to be the general secretary in 1985. Thus, all of these positions have also added up a lot of revenues to the overall size of Mikhail Gorbachev net worth. Even before he became the general secretary, Western publications were already referring to him as the next leader of the union.
Mikhail Gorbachev was instrumental in the end of the Cold War. His major policies, which contributed to the end of it, were ‘perestroika’ and ‘glasnost’. Under his program, the Communist Party was no longer allowed to influence the constitution. This led to the political instability in the country, which resulted in the end of the Soviet Union. However, Mikhail Gorbachev later admitted that he felt sorry that he was unable to save the Soviet Union.
In 1989, the politician became a recipient of the Otto Hahn Peace Medal. One year later, Mikhail Gorbachev was awarded the Nobel Peace Prize. Moreover, in 1992, he became a recipient of the Harvey Prize. In addition, Mikhail Gorbachev received honorary doctorates from various educational institutions. Thus, his career in politics not only increased the overall sum of Mikhail Gorbachev net worth, but also earned him many awards and titles.