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Kirill Shamalov

From Wikipedia, the free encyclopedia
Russian businessman, the ex-son-in-law of Vladimir Putin
In this name that followsEast Slavic naming customs, thepatronymic is Nikolayevich and thefamily name is Shamalov.

Kirill Shamalov
Born
Kirill Nikolayevich Shamalov

(1982-03-22)22 March 1982 (age 43)
CitizenshipRussian
Alma materSaint Petersburg State University Faculty of Law
OccupationBusinessman
Spouses
Children1
FatherNikolai Shamalov

Kirill Nikolayevich Shamalov[1] (Russian:Кирилл Николаевич Шамалов; born 22 March 1982) is a Russian businessman, the ex-husband ofKaterina Tikhonova[a] and the ex-son-in-law of theRussian presidentVladimir Putin. He was the former economic advisor to the Russian government.[2]

He is the younger son ofNikolai Shamalov, a co-owner ofRossiya 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 ofSibur, 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 the2022 Russian invasion of Ukraine, Shamalov was sanctioned by the United Kingdom.[7]

Early life and education

[edit]

Shamalov is the younger son ofNikolai Shamalov.[8]

Shamalov was educated atSaint Petersburg State University, where he obtained a degree in law.[9][5]

Career

[edit]

After graduating at the age of 25, Shamalov was given an executive position atGazprom-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 hisoffshore company Kylsyth Investments Limited based inBelize acquired a 3.8% stake in the company for onlyUS$100.[5][10] In August 2014, his Russian company Yauza 12, with the help of a loan fromGazprombank, purchased an additional 17% of Sibur fromGennady 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 toLeonid Mikhelson, the other owner of Sibur.[11]

Sanctions

[edit]

In April 2018, the United States imposedsanctions 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 theinvasion of Ukraine.[15][16]

Personal life

[edit]

In February 2013, Shamalov marriedKaterina Tikhonova, Putin's second daughter, atIgora, a small ski resort nearSosnovo in theLeningrad 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 marriedZhanna 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 inBiarritz, France; the activists had announced they intended to use the property to house Ukrainian refugees from theRussian invasion of Ukraine.[21]

Notes

[edit]
  1. ^Katerina isVladimir Putin's second daughter.

References

[edit]
  1. ^"Кирилл Николаевич Шамалов". 8 April 2015. p. 10. Retrieved6 August 2016 – viaKommersant.
  2. ^"Kirill Shamalov".Forbes. Retrieved24 January 2018.
  3. ^abcStephen Grey; Andrey Kuzmin; Elizabeth Piper (10 November 2015)."Putin's daughter, a young billionaire and the president's friends".Reuters. Retrieved14 March 2022.
  4. ^ab"Russian Businessman Received Flood Of Billion-Dollar Deals After Marrying 'Putin's Daughter,' Report Shows".RadioFreeEurope/RadioLiberty. 7 December 2020. Retrieved14 March 2022.
  5. ^abcdefghiDenis Dmitriev; Dmitry Velikovski; Sonya Savina; Alesya Marokhovskaya (7 December 2020)."Love, Offshores, and Administrative Resources: How Marrying Putin's Daughter Gave Kirill Shamalov a World of Opportunity".Organized Crime and Corruption Reporting Project. Retrieved14 March 2022.
  6. ^"Ukraine invasion: Who are the oligarchs with Kremlin ties targeted in UK's sanctions against Russia?".Sky News. Retrieved26 March 2022.
  7. ^Johnson, Miles; Cook, Chris (25 March 2022)."Polina Kovaleva's London flat and the task of tracing Russia's dirty money".Financial Times.Archived from the original on 25 March 2022. Retrieved26 March 2022.
  8. ^Георгий Перемитин, Анатолий Темкин (5 September 2014)."Тимченко продал 17% СИБУРа сыну бизнесмена Шамалова" (in Russian). Rbc.ru. Retrieved14 July 2022.
  9. ^Kirill Shamalov (1 April 2015)."Kirill Shamalov: Executive Profile & Biography – Businessweek".Bloomberg.com. Retrieved3 March 2016.
  10. ^"Sibur confirms that Putin's former son-in-law paid $100 for company shares worth millions".meduza.io. Retrieved5 March 2021.
  11. ^ab"Putin Family Split Offers Peek at Secret Dealings of Russia Inc".Bloomberg.com. 25 January 2018. Retrieved4 April 2018.
  12. ^"Ukraine-/Russia-related Designations and Identification Update".United States Department of the Treasury. 6 April 2018. Retrieved6 April 2018.
  13. ^"США ввели санкции против семи российских олигархов и 17 чиновников из "кремлевского списка"" [The US imposed sanctions against seven Russian oligarchs and 17 officials from the "Kremlin list"].Meduza (in Russian). 6 April 2018. Retrieved6 April 2018.
  14. ^"Press Release:Treasury Designates Russian Oligarchs, Officials, and Entities in Response to Worldwide Malign Activity".US Treasury. 6 April 2018. Retrieved15 October 2018.
  15. ^"Financial Sanctions Notice – Russia"(PDF).gov.uk. Retrieved25 February 2022.
  16. ^"CONSOLIDATED LIST OF FINANCIAL SANCTIONS TARGETS IN THE UK"(PDF). Retrieved16 April 2023.
  17. ^Гасников (Glasinov), Влад (Vlad) (17 May 2012).""Такого рода секвестры бодрят": Глава комитета по развитию транспортной инфраструктуры сохраняет оптимизм" ["Such kind of sequestration invigorates": The head of the Transport Infrastructure Development Committee remains optimistic] (in Russian). Kommersant. Retrieved17 May 2018.
  18. ^Delong, Jackson (24 June 2020)."Unseen photos of Putin's daughters emerge from collection of Vladimir's former confidant".The Armenian Reporter. Archived fromthe original on 27 June 2020. Retrieved25 June 2020.
  19. ^Anin, Roman (7 December 2020)."Кирилл и Катя: любовь, разлука, офшоры и неограниченный ресурс. История самой тайной пары России" [Kirill and Katya: love, separation, offshore and unlimited resources. The history of Russia's most secret couple].istories.media (in Russian). Retrieved18 December 2020.
  20. ^"Жанна Шамалова говорит "Татлеру" то, что хотела сказать Ксении Собчак, но та ей не позволила".Tatler (in Russian). 1 December 2021. Retrieved26 February 2022.
  21. ^Willsher, Kim (14 March 2022). Written at Paris."Activists held after occupying Biarritz villa owned by Putin's ex-son-in-law".The Guardian. London. Retrieved14 March 2022.
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