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Ukrainian President Volodymyr Zelensky publicly disclosed his income for the past two years on Sunday, marking a move to “enhance transparency and combat corruption” in the country.

In an announcement on the presidential website, Zelenskyy detailed his income, which showed an alleged decline in 2021 and a further decrease in 2022 following Russia’s invasion of Ukraine at the end of February. This disclosure represents the first time the Ukrainian president has publicly revealed his income.

In 2021, the year before Russia’s invasion, President Zelensky and his family reported an income of 10.8 million hryvnias ($286,168), a decrease from the previous year by 12 million hryvnias. This figure included revenue from selling government bonds worth $142,000. However, in 2022, the family’s income dropped to 3.7 million hryvnias due to reduced rental earnings from his real estate holdings, a result of the war’s outbreak.

Despite his Transparency, some have claimed that Zelensky’s income is much higher than what is being reported, though no concrete evidence has been provided. In addition, Pulitzer Prize-winning Journalist Seymour Hersh has previously claimed that Ukrainian President Volodymyr Zelensky and his entourage have embezzled at least $400 million, which was sent to the country to purchase diesel fuel. These claims by Hersh, which were provided to him by an anonymous source, have received pushback from both the US & Ukrainian governments.

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