Kirill Shamalov

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Kirill Shamalov
Born (1982-03-22) 22 March 1982 (age 36)
CitizenshipRussian
Alma materSt. Petersburg State University
Net worthUS$1.2 billion (March 2016)[1]
Spouse(s)
Katerina Tikhonova
(m. 2013; div. 2018)

Kirill Nikolayevich Shamalov[2] (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.[3] He is a younger son of Nikolai Shamalov a co-owner of Rossiya Bank, Kirill is a vice-president of Sibur holding.[4][5][6]

Education[edit]

Shamalov was educated at Saint Petersburg State University, where he obtained a degree in jurisprudence.[7]

Career[edit]

Shamalov became an industry leader in 2012 when the owners of Sibur promoted him from Vice President of Business Administration to Deputy CEO. He was given a 4.3% stake in the company. With the help of a loan from Gazprombank, Shamalov purchased an additional 17% of Sibur from Gennady Timchenko, owner of Sibur, for roughly $2.2 billion.

In April of 2017, Bloomberg reported that Shamalov sold his shares of Sibur that he purchased from Timchenko to Leonid Mikhelson, the other owner of Sibur.[8]

Personal wealth[edit]

Shamlov was Russia's youngest billionaire.[9] Through his holdings with Sibur, he is estimated to be worth $12-14 billion according to analysts with Raiffeizenbank at the end of 2017.[10][11]

Sanctions[edit]

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 Katya and to join 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]

Personal life[edit]

In February 2013 at Igora, a small ski resort at the 54 km marker along the Priozerskoe highway (Russian: Приозерское шоссе; A-121) near Sosnovo (Russian: Сосново) in the Priozersky District of the Leningrad Oblast,[15] Shamalov married Katerina Tikhonova, Putin’s younger daughter.[9][10] In January 2018, Shamalov separated from his wife. He allegedly lost 50% of his wealth as a ‘punishment’ for this separation.[8]

Notes[edit]

  1. ^ Katerina is Putin's younger daughter.

References[edit]

  1. ^ "Here Are The 198 New Billionaires Of 2016". Forbes.com. 2016-02-28. Retrieved 2016-03-03.
  2. ^ "Кирилл Николаевич Шамалов". 8 April 2015. p. 10. Retrieved 6 August 2016 – via Kommersant.
  3. ^ "Kirill Shamalov". Forbes. Retrieved 24 January 2018.
  4. ^ "Putin's Son-in-Law Boosted by $1.75 Bln Russian State Loan". The Moscow Times. 30 December 2015.
  5. ^ "Putin's Dancing Daughter Said to Run Fund Backed by Dad's Allies". Bloomberg Businessweek. 31 January 2015.
  6. ^ Stubbs, Jack; Kuzmin, Andrey; Grey, Stephen; Anin, Roman (17 December 2015). "The man who married Putin's daughter and then made a fortune". Reuters. Retrieved 9 December 2017.
  7. ^ Kirill Shamalov (2015-04-01). "Kirill Shamalov: Executive Profile & Biography - Businessweek". Bloomberg.com. Retrieved 2016-03-03.
  8. ^ a b "Putin Family Split Offers Peek at Secret Dealings of Russia Inc". Bloomberg. Retrieved 4 April 2018.
  9. ^ a b "Kirill Nikolayevich Shamalov – Family, Family Tree". CelebFamily. Retrieved May 17, 2018.
  10. ^ a b "Кто есть кто: Шамалов Кирилл Николаевич" [Who Is Who: Kirill Nikolayevich Shamalov] (in Russian). Delovoy Petersburg. Retrieved April 28, 2018.
  11. ^ "Кто есть кто: Шамалов Николай Терентьевич" [Who Is Who: Nikolai Terentievich Shamalov] (in Russian). Delovoy Petersburg. Retrieved May 17, 2018.
  12. ^ "Ukraine-/Russia-related Designations and Identification Update". United States Department of the Treasury. 2018-04-06. Retrieved 2018-04-06.
  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). 2018-04-06. Retrieved 2018-04-06.
  14. ^ "Press Release:Treasury Designates Russian Oligarchs, Officials, and Entities in Response to Worldwide Malign Activity". US Treasury. April 6, 2018. Retrieved October 15, 2018.
  15. ^ Гасников (Glasinov), Влад (Vlad) (May 17, 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 May 17, 2018.