Kirill Shamalov | |
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Born | Kirill Nikolayevich Shamalov 22 March 1982 |
Citizenship | Russian |
Alma mater | Saint Petersburg State University Faculty of Law |
Occupation | Businessman |
Spouses |
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Children | 1 |
Parent |
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Kirill Nikolayevich Shamalov [1] ( Russian: Кирилл Николаевич Шамалов; born 22 March 1982) is a Russian businessman, the ex-husband of Katerina Tikhonova [a] and the ex-son-in-law of the Russian President Vladimir Putin. He was the former economic advisor to the Russian government. [2]
He is the younger son of Nikolai Shamalov, a co-owner of Rossiya Bank and a close Putin confidant. [3]
After marrying Putin's daughter in 2013, Shamalov was offered numerous lucrative and preferential business deals worth billions of dollars. [4] [5] He became Russia's youngest billionaire at the age of 32. [5] Shamalov is a director and part-owner of Sibur, a Russian petrochemicals company. Shamalov's 21% stake in the company is reportedly worth $2 billion. [3] The price for the stake and the circumstances behind the acquisition of the stake are unclear. [3] Immediately after marrying Putin's daughter, he obtained a 3.8% stake (valued at $388 million) in the company for $100. [4] [5]
In 2018, the United States sanctioned him. [6] After the 2022 Russian invasion of Ukraine, Shamalov was sanctioned by the United Kingdom. [7]
Shamalov is the younger son of Nikolai Shamalov. [8]
Shamalov was educated at Saint Petersburg State University, where he obtained a degree in law. [9] [5]
After graduating at the age of 25, Shamalov was given an executive position at Gazprom-Media, Russia's largest media holding company. [5]
Shamalov became an industry leader in 2012 when the owners of Sibur promoted him from Vice President of Business Administration to Deputy CEO. Shamalov owned a 0.5% stake in the company, while in June 2013 his offshore company Kylsyth Investments Limited based in Belize acquired a 3.8% stake in the company for only US$100. [5] [10] In August 2014, his Russian company Yauza 12, with the help of a loan from Gazprombank, purchased an additional 17% of Sibur from Gennady Timchenko, owner of Sibur, for roughly $2.2 billion.
According to the OCCRP, Shamalov owned a vast network of offshore companies by 2013. [5]
In April 2017, Bloomberg reported that Shamalov sold his shares of Sibur that he purchased from Timchenko to Leonid Mikhelson, the other owner of Sibur. [11]
In April 2018, the United States imposed sanctions on him and 23 other Russian nationals. [12] [13] Since his February 2013 marriage to Vladimir Putin's daughter Katerina and joining the elite billionaires group close to Vladimir Putin, Shamalov had become a major shareholder in Sibur in less than 18 months and a year later had received a billion dollar loan from Gazprombank, which was under United States sanctions (EO 13662), and had purchased a 17% stake in Sibur from Gennady Timchenko, who was under United States sanctions (EO 13661). [14]
Shamalov was also sanctioned by the British government on 24 February 2022, for his role at PAO SIBUR Holding, which was judged to have aided in the invasion of Ukraine. [15] [16]
In February 2013, Shamalov married Katerina Tikhonova, Putin's second daughter, at Igora, a small ski resort near Sosnovo in the Leningrad Oblast. [5] [17] In January 2018, Shamalov and Tikhonova separated. He allegedly lost 50% of his wealth due to this separation. [11]
Later in 2018, Shamalov reportedly married Zhanna Volkova (Russian: Жанна Волкова). [18] [19] They have a daughter. The couple separated in mid-2021 and are in the midst of divorce proceedings. Shamalov filed a lawsuit to dismiss their marriage as invalid. [20]
Shamalov owns millions of dollars worth of real estate in Russia and France. [5] On 14 March 2022, two Russian activists were arrested for breaking into and occupying Shamalov's villa in Biarritz, France; the activists had announced they intended to use the property to house Ukrainian refugees from the Russian invasion of Ukraine. [21]