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Catherine II of Russia Net Worth

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Catherine II of Russia
Photo: After Alexander Roslin · Wikimedia Commons · Public domain
Estimated net worth

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Historical figure: wealth claims from this era are speculative, are often repeated in inflated modern equivalents, and cannot be verified — so no estimate is shown for this profile.

Quick facts

Born1729

ProfessionCelebrity

NationalityRussian Empire

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Background and career

Catherine II (born Sophie Auguste Friederike von Anhalt-Zerbst; 2 May 1729 – 17 November 1796), known as Catherine the Great, was Empress of Russia from 9 July 1762 until her death in 1796. Before her accession, Catherine had been a royal consort as the wife of Emperor Peter III, whom she overthrew in a coup d'état. Her reign of over 34 years saw an era of prosperity during the Enlightenment in which many new cities, universities and theatres were established; large-scale immigration from the rest of Europe occurred; and the Russian Empire was recognised as a great power of Europe.

Born a German princess, Catherine married Peter, a grandson of Peter the Great, at the age of 16. Peter became Emperor of Russia in 1762, reigning for seven months before his deposition and possible assassination at the hands of Catherine. During her reign, she often maintained close alliances with noble favourites such as Count Grigory Orlov and Grigory Potemkin. She appointed and worked with several highly successful generals such as Alexander Suvorov and Pyotr Rumyantsev and admirals such as Samuel Greig and Fyodor Ushakov. She governed at a time when the Russian Empire was expanding rapidly by conquest and diplomacy. In the west, she installed her former lover to the throne of Poland, which was eventually partitioned. In the south, the Crimean Khanate was annexed following victories over the Bar Confederation and the Ottoman Empire in the Russo-Turkish War. With the support of Great Britain, Russia colonised the territories of New Russia along the coasts of the Black and Azov seas. In the east, Russians became the first Europeans to colonise Alaska, establishing Russian America.

Many cities and towns were founded on Catherine's orders in the newly conquered lands, most notably Yekaterinoslav, Kherson, Nikolayev, and Sevastopol. An admirer of Peter the Great, Catherine continued to modernise Russia along Western European culture. However, military conscription and the economy continued to depend on serfdom, and the increasing demands of the state and of private landowners intensified the exploitation of serf labour. This was one of the chief reasons behind rebellions, including Pugachev's Rebellion of Cossacks, nomads, peoples of the Volga, and peasants.

The Manifesto on Freedom of the Nobility, issued during the short reign of Peter III and confirmed by Catherine, freed Russian nobles from compulsory military or state service. The construction of many mansions of the nobility in the classical style endorsed by the empress changed the face of the country. She is often included in the ranks of the enlightened despots. Catherine presided over the age of the Russian Enlightenment and established the Smolny Institute of Noble Maidens, the first state-financed higher education institution for women in Europe. Her reign promoted the institutionalisation of provincial administration, and the development of public education, including the establishment a state-organised school system.

Catherine was the first Russian ruler to bring the abolition of serfdom into public debate and enacted measures restricting the expansion of serf status, leaving birth and the granting of state peasants to private landowners as its two remaining legal sources.Catherine supported the Free Economic Society and the spread of potato cultivation, established foundling homes and widows' annuity arrangements, and introduced provincial public welfare institutions. She also promoted smallpox inoculation, undergoing the procedure herself in 1768.

In 1783, Catherine appointed Princess Yekaterina Dashkova director of the Saint Petersburg Academy of Sciences, making her the first woman to head a national academy of sciences. Together, they established the Russian Academy, dedicated to the study of the Russian language and literature, with Dashkova as its first president. In 1795, Catherine founded the Imperial Public Library, Russia's first state public library, which opened to the public in 1814.

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