Claim: A widespread claim has resurfaced that Ukrainian President Volodymyr Zelenskyy owns 15 homes, including a $35 million mansion in Florida. The claim also states that he has $1.2 billion in an overseas bank account, owns three private planes, and earns $11 million monthly.
Rating: False
The claim about Zelenskyy’s wealth started circulating again in March 2025, following a tense meeting between the Ukrainian President and U.S. President Donald Trump. This event led to a temporary pause in U.S. military aid to Ukraine, which prompted the resurgence of various accusations, including this one regarding Zelenskyy’s personal finances.
The claim was shared widely on Facebook, Instagram, and X as an image. However, after a thorough investigation of the available facts, it becomes clear that the claim is not backed by evidence and is largely false.
The Official Asset Declaration of Zelenskyy
To get to the truth, we need to look at the official documents. Ukrainian politicians, including the President, are required to submit an asset declaration to the National Agency on Corruption Prevention (NACP). These declarations provide a transparent record of their personal assets, income, vehicles, and properties.
Zelenskyy’s 2024 asset declaration, which covers the year 2023, has been publicly available and outlines his actual wealth. According to the declaration, Zelenskyy owns significantly fewer properties than the claim suggests. Instead of 15 homes, Zelenskyy owns just 14 properties.
These include apartments, with some being shared or partially owned, but none of the properties are located in the United States. In fact, there are no records of any property in Florida or any other U.S. state being registered under Zelenskyy’s name.
The claim that Zelenskyy owns a $35 million mansion in Florida is not only unsupported by public records but is entirely false. Extensive searches of Florida’s 67 counties, conducted to verify the claim, turned up no properties listed under Zelenskyy’s name. Fact-checking organizations such as AFP and PolitiFact have also previously debunked this particular claim.
Zelenskyy’s Actual Income and Assets
Another point that has been proven false is that Zelenskyy earns $11 million a month. According to the official asset declaration, Zelenskyy’s total reported income for the year 2023 was 12,423,008 Ukrainian hryvnias, equivalent to approximately $300,800. This works out to about $25,000 per month, a far cry from the alleged $11 million monthly income.
Zelenskyy’s income sources are transparent and listed in his asset declaration. His salary for his role as president of Ukraine is reported to be approximately $8,136 per month (336,000 Ukrainian hryvnias) for “state affairs management.” In addition to this, he earned another $5,593 per month (231,000 Ukrainian hryvnias) from Kvartal 95, a TV-production company that Zelenskyy co-founded with his business partners before he became president.
Thus, the claims regarding his lavish salary and immense wealth are completely inaccurate. Zelenskyy’s total income is modest compared to the $11 million suggested in the claim.
Zelenskyy’s Private Planes and Other Properties
Another element of the claim involves Zelenskyy owning three private planes. Again, this claim is completely unfounded. The 2024 asset declaration lists no aircraft under Zelenskyy’s name, debunking the rumors of him owning a fleet of private planes. In fact, the only vehicles listed in the declaration are two cars, which are valued at around $158,000.
This is a far cry from the luxurious lifestyle suggested by the claim, which implied that Zelenskyy was living in extreme wealth and luxury with multiple mansions and private jets. The lack of such assets in the public declaration only further discredits the claims being circulated online.
Offshore Accounts and the Pandora Papers
The claim also alleges that Zelenskyy has $1.2 billion in offshore accounts. This part of the claim appears to be linked to a report from the Pandora Papers, which were released in 2021. These papers exposed the offshore financial dealings of many world leaders, including Zelenskyy. However, the details of this report need to be examined carefully.
According to the Pandora Papers, Zelenskyy and several of his business partners were involved in a network of offshore companies. However, following his election as president in 2019, Zelenskyy took steps to distance himself from these businesses. He transferred shares in these offshore companies to his wife and other business partners. It was not clear how much money, if any, was held in these offshore entities.
Importantly, Zelenskyy did not appear on Forbes’ Real-Time Billionaire list, which shows the wealthiest individuals in Ukraine. As of March 5, 2025, the list included seven billionaires from Ukraine, but Zelenskyy was not among them. This strongly suggests that he does not have the $1.2 billion in offshore accounts as claimed.
The Role of Russian Propaganda
The Florida mansion claim, which was part of the image circulated in March 2025, has its origins in Russian propaganda. The claim about the $35 million mansion in Florida was first reported by the Russian tabloid kp.ru just before Russia’s invasion of Ukraine in 2022. The report was quickly debunked and attributed to a Ukrainian politician who had previously spread Russian propaganda.
This connection to Russian misinformation is crucial, as it underscores the claim’s lack of credibility. In fact, the politician who spread this rumor was later stripped of his lawmaking position for promoting Russian talking points.
Conclusion
The claims about Zelenskyy’s wealth—his 15 homes, $35 million mansion, $1.2 billion in offshore accounts, and $11 million monthly income—are not supported by facts. His official asset declaration clearly shows that he owns a modest number of properties, has a reasonable income, and does not own any private planes or offshore accounts holding billions of dollars. The rumors are based on outdated misinformation and propaganda.
There is no evidence to support the extravagant claims being circulated as of now. It’s important to rely on official and verified information when evaluating the personal finances of public figures.
Disclaimer: This article has been meticulously fact-checked by our team to ensure accuracy and uphold transparency. We strive to deliver trustworthy and dependable content to our readers.
