Kirill Shamalov

In this name that follows Eastern Slavic naming customs, the patronymic is Nikolayevich and the family name is Shamalov.

Kirill Shamalov
Born
Kirill Nikolayevich Shamalov

(1982-03-22) 22 March 1982 (age 42)
CitizenshipRussian
Alma materSaint Petersburg State University Faculty of Law
OccupationBusinessman
Spouses
  • ​
    ​
    (m. 2013; div. 2018)​
  • Zhanna Volkova
    ​
    ​
    (m. 2018; sep. 2021)​
Children1
FatherNikolai Shamalov

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]

Early life and education

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]

Career

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]

Sanctions

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]

Personal life

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]

Notes

  1. ^ Katerina is Vladimir Putin's second daughter.

References

  1. ^ "Кирилл Николаевич Шамалов". 8 April 2015. p. 10. Retrieved 6 August 2016 – via Kommersant.
  2. ^ "Kirill Shamalov". Forbes. Retrieved 24 January 2018.
  3. ^ a b c Stephen Grey; Andrey Kuzmin; Elizabeth Piper (10 November 2015). "Putin's daughter, a young billionaire and the president's friends". Reuters. Retrieved 14 March 2022.
  4. ^ a b "Russian Businessman Received Flood Of Billion-Dollar Deals After Marrying 'Putin's Daughter,' Report Shows". RadioFreeEurope/RadioLiberty. 7 December 2020. Retrieved 14 March 2022.
  5. ^ a b c d e f g h i Denis 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. Retrieved 14 March 2022.
  6. ^ "Ukraine invasion: Who are the oligarchs with Kremlin ties targeted in UK's sanctions against Russia?". Sky News. Retrieved 26 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. Retrieved 26 March 2022.
  8. ^ Георгий Перемитин, Анатолий Темкин (5 September 2014). "Тимченко продал 17% СИБУРа сыну бизнесмена Шамалова" (in Russian). Rbc.ru. Retrieved 14 July 2022.
  9. ^ Kirill Shamalov (1 April 2015). "Kirill Shamalov: Executive Profile & Biography – Businessweek". Bloomberg.com. Retrieved 3 March 2016.
  10. ^ "Sibur confirms that Putin's former son-in-law paid $100 for company shares worth millions". meduza.io. Retrieved 5 March 2021.
  11. ^ a b "Putin Family Split Offers Peek at Secret Dealings of Russia Inc". Bloomberg.com. 25 January 2018. Retrieved 4 April 2018.
  12. ^ "Ukraine-/Russia-related Designations and Identification Update". United States Department of the Treasury. 6 April 2018. Retrieved 6 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. Retrieved 6 April 2018.
  14. ^ "Press Release:Treasury Designates Russian Oligarchs, Officials, and Entities in Response to Worldwide Malign Activity". US Treasury. 6 April 2018. Retrieved 15 October 2018.
  15. ^ "Financial Sanctions Notice – Russia" (PDF). gov.uk. Retrieved 25 February 2022.
  16. ^ "CONSOLIDATED LIST OF FINANCIAL SANCTIONS TARGETS IN THE UK" (PDF). Retrieved 16 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. Retrieved 17 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 from the original on 27 June 2020. Retrieved 25 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). Retrieved 18 December 2020.
  20. ^ "Жанна Шамалова говорит "Татлеру" то, что хотела сказать Ксении Собчак, но та ей не позволила". Tatler (in Russian). 1 December 2021. Retrieved 26 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. Retrieved 14 March 2022.

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