Why Putin Isn’t on ‘Forbes’ Billionaires List

Forbes released its annual list of the world’s wealthiest people on Monday. The 29th annual ranking found 1,826 billionaires worth a total of $7.05 trillion, but one person about whose wealth many have long speculated, Russian president Vladimir Putin, was notably absent. Forbes is transparent about its methodology: “We value individuals’ assets–including stakes in public and…