Russian president Vladimir Putin giving his annual address on February 21, 2023. He stands in a dark suit against a pale background, at a podium with a russian eagle crest.
Russian President Vladimir Putin gives his annual state of the nation address in Moscow, Russia, Tuesday, Feb. 21, 2023.
  • Putin aimed a jab at Russian oligarchs living abroad in his state-of-the-nation speech on Tuesday.
  • He pointed out how Western sanctions have hurt them, and said they should now invest in Russia.
  • It's a popular line with ordinary Russians, despite Putin's own massive, undeclared wealth. 

President Vladimir Putin sent a warning to wealthy Russians abroad in his annual speech on Tuesday, in a not-so-subtle swipe at the nation's faded oligarchy.