Kirill Shamalov

Who is Kirill Shamalov?

Kirill Shamalov, a Russian billionaire entrepreneur, was born on March 22, 1982, making him 39 years old. He is primarily known and portrayed on the internet as the former son-in-law of Mr. Vladmir Putin, the current president of Russia.

Although the individual has remained a mystery to many authorities, the current conflict between Russia and Ukraine has allowed many people to learn more about the Russian President’s relatives. And Mr. Kirill, who previously wed Katerina Tikhonova, is one of them. Since he wed Katerina, he has earned the distinction of being the youngest billionaire in Russia, despite only being 39 years old.

Numerous news outlets have written in-depth articles about him as a result of his history, prior connections with Mr. Putin, and interest in managing a significant business in Russia.

The little-known fact about Kirill is that in 2002, he was chosen to serve as Gazprom’s chief legal counsel for international business. He had just turned 20 and hadn’t even graduated at the time.

Due to his father’s affinity with the president, Mr. Kirill, the youngest billionaire in Russian history, has a family connection to Mr. Putin.

On March 22, 1982, Mr. Nikolai Shamalov gave birth to him. This individual has never disclosed his birthplace in an interview and has kept it a mystery. However, he had a happy childhood because his wealthy father gave Kirill and his brother all they needed.

As he grew older and became more active in many projects, he earned a jurisprudence degree from St. Petersburg State University.

What is the Net Worth of Kirill Shamalov? Salary, Earnings

Before divorcing his first wife Katerina Tikhonova, Kirill had a net worth of USD 1.4 billion from holding significant interests in Sibur and investing in real estate. However, it is claimed that he lost 50% of his wealth after their divorce, and at that point, his net worth had increased to USD 700 million.

However, he is still active in business and continues to make money through his endeavors, so we estimate that years after 2018, his net worth will be close to USD 800 million in 2022.

Where was Kirill Shamalov born? Ethnicity, Nationality, Family, Education

The father of Kirill, Mr. Nikolai, is 72 years old and has a wonderful relationship with the Russian president because they have been friends for many years. Mr. Nikolai is believed to be a co-founder of the gated community Ozero as well as a businessman and dentist. Along with several other well-known Russian figures, Putin is a co-founder of Ozero. In addition to this, Kirill’s father established Masterdentservis in 1994.

Mr. Nikolai served in the St. Petersburg Mayor’s office’s External Relations committee earlier in 1993, where Mr. Putin remained his boss. fostering positive relationships with Putin and his family In 1997, Mr. Nikolai’s family and the Putin family traveled to Switzerland together.

When Kirill’s father started working in 2004, he joined the Bank Rossiya board of directors and now holds the second-largest share in the company. As a young adult and employee in the year 2010, Kirill joined his father as a co-owner of the well-known Russian cement company, owning a 5% share while his father held a 12.5% stake.

Yuri Shamalov, Kirill’s older brother, was born in 1970 and has also worked in a variety of government fields under President Putin, adding one more family member to the mix.

How did Kirill Shamalov start his Professional Career?

Currently, Kirill is described as a petrochemical mogul, lawyer, and commercial tycoon. As the Vice President of Business Administration and Deputy CEO of SIBUR earlier in 2012, he rose to become an industrialist and a leader (Sibur).

The largest petrochemical corporation in Russia is Sibur. He enrolled there in 2008. He also assumed the title of “Chief Legal Counsel” at Gazprombank earlier in 2005.

At the time, he shared ownership of the company’s 0.5% shareholding. Later in 2013, his second business, Kylsth Investments Limited, which has its headquarters in Belize, purchased a 3.8% share in Sibur for just USD 100. He then continues to deny that he paid USD 100 for it. This transaction had a market worth of USD 380 million, but by making it for USD 100, he makes headlines.

Again in 2014, his other business Yazua 12 acquired a further 17% share in Sibur as part of a USD 2.2 billion acquisition after receiving loan approval from Gazprombak.

Later in 2017, word spread throughout the market that he had sold the shares he had acquired from Mr. Timchenko, a co-owner of Sibur.

Being a business tycoon and acquiring Sibur shares cost Kirill some money in 2018 since he was fined or sanctioned by the US. The US took action because when he weds Putin’s daughter, he quickly rises to become Sibur’s largest shareholder in just 18 months. US officials have imposed sanctions on him as a result of his purchase of a loan from Gazprombank to acquire a 17% share in Sibur by their EO 13662 and EO 13661.

He was recently back in the news on February 24, 2022, after the UK government penalized him for his role as PAO SIBUR holding. It is said that his function as PAO SIBUR contributed to Russia’s invasion of Ukraine and the escalation of the two nations’ war.

Is Kirill Shamalov Married? Relationship

In February 2013, Kirill wed Katerina Tikhonova, the daughter of the Russian President. They married in secret, with just close family and friends present. The wedding took place in Igora, a tiny resort in the Leningrad Oblast close to Sosonova. Later news outlets reported that Kirill and Katerina had two children, however, our research team has not yet verified this information.

He claims that his ex-wife Katerina Tikhonova is a scientist and a former acrobat. She is Mr. Putin’s second daughter.

In the latter half of 2019, Katerina, who is 35 years old, was elected to the council for the Russian government’s department of physical culture and mass sports.

Kirill’s life transformed as a result of marrying Katerina because they both invested in numerous ventures. On the southwest coast of France, at Biarritz, they spent 4 million pounds on a mansion. According to reports, the couple was worth USD 2 billion before their divorce.

Happy couple Kirill and Katerina parted in 2018

After that, there were news claims that Kirill had begun seeing Zhanna Volkova, a socialite from London. Later, in 2018, they both got married. Although it is known that Kirill and Zhanna Volkova have a daughter, he filed for divorce from her in 2021 and is currently living alone.

Previously, Kirill lost half of his wealth when he divorced Katerina.

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