Kirill Shamalov
Kirill Shamalov
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Kirill Shamalov

Kirill Nikolayevich Shamalov (Russian: Кирилл Николаевич Шамалов; born 22 March 1982) is a Russian businessman, the ex-husband of Katerina Tikhonova and the ex-son-in-law of the Russian president Vladimir Putin. He was the former economic advisor to the Russian government.

He is the younger son of Nikolai Shamalov, a co-owner of Rossiya Bank and a close Putin confidant.

After marrying Putin's daughter in 2013, Shamalov was offered numerous lucrative and preferential business deals worth billions of dollars. He became Russia's youngest billionaire at the age of 32. 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. The price for the stake and the circumstances behind the acquisition of the stake are unclear. Immediately after marrying Putin's daughter, he obtained a 3.8% stake (valued at $388 million) in the company for $100.

In 2018, the United States sanctioned him. After the 2022 Russian invasion of Ukraine, Shamalov was sanctioned by the United Kingdom.

Shamalov is the younger son of Nikolai Shamalov.

Shamalov was educated at Saint Petersburg State University, where he obtained a degree in law.

After graduating at the age of 25, Shamalov was given an executive position at Gazprom-Media, Russia's largest media holding company.

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. 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.

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