Speaking after the summit in Osaka concluded on Saturday, Putin charged that Donald Trump's victory in the 2016 USA presidential election and a drop of popularity of traditional parties in Europe have been rooted in growing public dismay with mainstream liberal policies.
Putin said he and Trump had discussed the election meddling allegations and the situation in Venezuela.
Asked Saturday whether the issue was discussed during the meeting, Putin said that "we talked about it", but didn't elaborate.
Asked during a news conference at the summit about the probability of more USA sanctions against Russia, Putin said it was up to Washington to decide how best to build relations with Moscow.
But Putin's public lashing of western liberalism could be a bid to unite right-wing or conservative forces that oppose liberal values, analyst Vladimir Frolov said.
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"I strongly disagree with your view that pursuing policies that embrace multicultural and sexual diversity are obsolete in our societies", the singer said. At one point, Trump again said, "He denies it totally".
But Fox News reports that Sir Elton, 72, called the President's words hypocritical since a Russian distributor censored LGBT-related scenes from Rocketman, a film based on Sir Elton's life and career. "But some things do appear excessive to us", Putin said at the G20 Summit. They claim now that children can play five or six gender roles.
John said Putin's statement felt like "hypocrisy".
"God forbid, let them live as they wish", Mr Putin said. "We have a law that everybody is angry at us because of the law that doesn't allow propaganda of homosexuals among underage population".
"We really have a neutral attitude toward members of the LGBT community, a really calm, perfectly unbiased [attitude]", the president said.