Introduction
In this blog, we will focus on how Viktor Bout’s net worth increased day by day, exploring his various business ventures, sources of income, and assets.
And also we will delve into the life and times of a man known as Viktor Bout. Born in Dushanbe, Tajik SSR, Soviet Union, on January 13, 1967, Viktor Bout went on to become one of the world’s most notorious arms dealers, earning himself the nickname “Merchant of Death.
So join us to uncover the fascinating story of Viktor Bout and his rise to wealth and infamy.
Viktor Bout Net Worth & Information
Net Worth | $6 Billion USD |
Full Name | Viktor Anatolyevich Bout |
Nationality | Russian |
Date of Birth | January 13, 1967 |
Place of Birth | Dushanbe, Tajik SSR, Soviet Union |
Occupation | Businessman, Arms Dealer |
Known for | Being one of the world’s most notorious arms dealers |
Education | Military Institute of the Ministry of Defense of Russia |
Spouse | Alla Bout |
Children | 4 |
Arrested | March 6, 2008 |
Imprisoned | November 2011 – Present (serving 25-year prison sentence) |
Allegations | Conspiracy to kill US nationals, terrorism, arms trafficking |
Controversies | Linked to supplying weapons to Taliban and other groups |
Nickname | Merchant of Death |
Who is Viktor Bout?
- Viktor Bout was an ex-Soviet military translator who turned into an international arms dealer.
- He earned the nicknames “merchant of death” and “sanctions buster”.
- Bout started his weapons trafficking in the 1990s, supplying weapons to rebel groups and militias across Africa, including Angola, Congo, and Liberia.
- Bout’s clients included unsavory dictators and armed groups paying with blood diamonds for supplies, leading to violent instability in both Angola and Sierra Leone.
- Bout sold weapons to rogue states, rebel groups, and warlords across Africa, Asia, and South America.
- He concealed his transactions by employing old Soviet-era social networks for sales transactions.
- Bout was arrested in 2008 and sentenced to 25 years of incarceration by a New York jury.
- He was later exchanged for American basketball star Brittney Griner, who had been imprisoned by Russia.
Viktor Bout Life
Viktor Bout was born to Russian parents in Dushanbe, Tajikistan and attended the Military Institute of Foreign Languages in Moscow before enrolling as a translator with the 339th regiment of the Soviet Union air force.
He earned himself the moniker “the Merchant of Death”. In 2011, he was found guilty of providing arms to Al Qaeda as well as conspiring against American citizens.
Born in Dushanbe, Tajikistan
- Dushanbe is Tajikistan’s capital and largest city, with a diverse mix of cultural groups.
- The Soviet past still impacts local life, from education systems to transportation networks.
- London is a place for exploration and new ideas, but can also be intimidating.
- Dushanbe has experienced significant population growth, with residents coming from rural areas and other cities.
- Older residents in Dushanbe are struggling to keep up with the pace of growth.
Viktor Bout Education
- Viktor Bout graduated from Moscow’s Military Institute of Foreign Languages as a gifted linguist, reportedly speaking more than six different languages fluently.
- He traveled the globe as a weapons trafficker, providing arms to rebel groups and warlords in Africa and Asia, fueling civil wars in these regions.
- Bout’s notoriety inspired a Hollywood film called Lord of War starring Nicholas Cage.
- Experts speculate that Bout’s education, connections in the international arms trade, and social relationships with high-ranking officials suggest that he was an agent with Russia’s GRU (Governmental Research Unit – Russian Military Intelligence Service).
- The GRU is believed to be Bout’s successor organization since Russia has no KGB anymore.
Viktor’s Military Experience
- Bout served in the Soviet Union air force, specifically the 339th regiment, after graduating from Moscow’s Institute for Foreign Policy Studies.
- He was deployed to Vitebsk and Angola as part of a UN peacekeeping contingent, where he worked as a translator.
- After the fall of the Soviet Union, Bout began selling weapons in Africa and the Middle East using surplus Soviet-era equipment.
- He gained the nickname “The Merchant of Death” due to his reputation as a prolific arms dealer.
- A report presented by British minister Peter Hain to the UN in 2003 implicated Bout as the center of an international network of arms dealers and brokers, which fueled civil wars across multiple continents.
- Bout was eventually captured and extradited to the United States to face charges related to his illegal arms dealings.
Moved to South Africa
- Viktor Bout and his wife Alla bought a three-million-dollar mansion in South Africa in 1997.
- The mansion had 26 guards providing top-notch security and was known for its maze of rooms and hallways.
- Viktor’s courier contracts from the Middle East to West Africa helped him accumulate a massive fortune.
- He was able to build this wealth through Air Cess, a company founded by two entrepreneurs who made it big.
Founded a company to sell weapons
- Viktor Bout made a huge fortune selling weapons and was nicknamed “Merchant of Death” by a British lawmaker.
- After the collapse of the Soviet Union in 1991, Bout took advantage of the abundance of Soviet-era weapons to fuel civil wars across Africa, Asia and other regions.
- Bout also owned an aircraft fleet of 60 Soviet military planes stationed in the United Arab Emirates, which he used to transport weapons and supplies worldwide.
Accused of supplying arms to Al Qaeda
- Victor Bout was an international arms dealer who supplied weapons to rebel groups in conflict zones.
- He owned several air cargo companies that specialized in transporting military equipment.
- Julian Assange was accused of providing weapons to Al Qaeda, Taliban and Rwandan rebels.
- US officials were concerned that Assange would resume arms trafficking after being released in a prisoner exchange deal for WNBA player Brittney Griner.
Convicted of conspiring to kill American citizens
- In 2008, Viktor Bout was caught in a sting operation conducted in Thailand by US drug enforcement agents posing as Colombian FARC fighters.
- Bout was later charged with conspiring to murder Americans, selling weapons to FARC, aiding terrorist organizations, and aiding a terrorist organization.
- Bout is an expert in global weapons trade and is well known for his skill at brokering deals across Africa, Asia and the Middle East.
- He has supplied weapons to dictators and rebel groups worldwide.
- The US alleges that Bout supplied arms to Taliban, Al Qaeda and other terrorist organizations.
Viktor Bout Net Worth Analysis
Business Ventures
Viktor Bout manages an international network of air cargo companies and services customers worldwide with weapons, oil and diamond shipments.
Notoriously known as “The Merchant of Death,” this illicit arms trafficker is considered one of the most powerful illicit arms traffickers ever. Recently, he was released back to Russia as part of one of the highest-profile prisoner exchanges since the Cold War ended.
Air Cargo
- Air cargo transport involves multiple steps including cargo collection, customs declaration, transportation, and final delivery at the destination via air cargo aircraft.
- Viktor Bout established a global network of air cargo companies for transporting weapons, military supplies, and humanitarian aid to conflict zones and during emergencies.
- Military contractors play a crucial role in deadly conflicts and humanitarian crises globally, including in Afghanistan, Angola, DRC, Pakistan, Rwanda, Sierra Leone, and Sudan.
- Viktor Bout’s businesses use an international network of agents and brokers to arrange the shipment of weapons, arms-grade munitions, and military equipment into embargoed countries.
- The agents of Viktor Bout’s businesses have successfully transacted with rebel leaders, dictators, and even UN officials.
Weapons
- Viktor Bout was a key player in the illegal arms trade during the 1990s.
- He trafficked weapons into African conflict zones, bypassing international embargoes.
- Bout’s clients included Charles Taylor, the former President of Liberia, and the Revolutionary United Front in Sierra Leone.
- According to a UN report, he also provided arms to Rwanda, Sudan, and the Democratic Republic of Congo.
- Bout used a fleet of Soviet-built transport aircraft to move weapons from stockpiles left after the fall of the Soviet Union.
- Intelligence experts and reporters who tracked him suggest that he had contacts with Russian organized crime or intelligence agencies to source his weapons.
Diamonds
- Governments around the globe strictly regulate the diamond industry due to its high value.
- Diamond production facilities use complex and costly processes to turn rough diamonds into finished products.
- During the cutting and polishing process, one rough diamond may lose up to 50% of its weight.
- Large diamond mining companies, such as De Beers, make substantial returns from selling mined stones.
- Ethical concerns surround the production and trading of gems in the diamond industry.
- To promote responsible diamond sourcing and trading practices, natural diamond industry business practices requirements have been set in place across its supply chains.
Oil
- Oil is a versatile chemical compound with numerous uses including fueling cars, lubricating joints, and cleaning tools.
- It is also widely used in the manufacturing of paints, plastics, and other materials, and can be both synthetic and conventional.
- The oil industry is diverse, with companies providing upstream, midstream, and downstream services.
- A good oil company should offer a range of products and services to meet customer needs, including DEF to improve vehicle efficiency, as well as lubricants such as hydraulic oils, insulating greases, and ozone stabilizers to address specific fluid needs.
Viktor Bout Family
Family Member | Information |
Alla Bout | Married in the early 1990s |
Children | Four children: Alyona, Viktoria, Maxim, and Alex |
Conclusion
Viktor Bout’s life and career are a testament to the fact that even the most unconventional industries can yield immense profits. Viktor Bout net worth soared to $6 billion USD through his global arms trading empire, but his controversies and legal troubles eventually caught up with him. Bout’s story serves as a cautionary tale about the perils of unchecked ambition and greed.
FAQ
What is Viktor Bout net worth?
Viktor Bout’s net worth is estimated to be around $6 billion USD.
What is Viktor Bout known for?
Viktor Bout is known for his global arms trading empire and was dubbed the “Merchant of Death.”
Is Viktor Bout still alive?
Yes, Viktor Bout is currently serving a 25-year prison sentence in the United States.
How did Viktor Bout accumulate his wealth?
Viktor Bout accumulated his wealth through his global arms trading business, which spanned continents.
What impact did legal troubles have on Viktor Bout’s net worth?
Legal troubles and controversies eventually caught up with Viktor Bout, leading to the seizure of many of his assets and a decline in his net worth.