Kirill Shamalov, a Russian businessman and Putin Son-in-Law Kirill Shamalov has gained attention for his extensive business holdings, marked by notable controversies. An investigation by Russia’s istories investigative outlet revealed that Shamalov acquired a $380 million stake in the parent company of the petrochemicals giant Sibur for a mere $100, executed through an offshore company. This transaction occurred shortly after his marriage to Katerina Tikhonova, a scientist and university official widely believed to be Putin’s younger daughter.

Shamalov first drew public attention in 2010 when his former business partner, Sergei Kolesnikov, published an open letter to then-President Dmitry Medvedev, alleging corruption in the construction of a lavish $1 billion Black Sea residence for Putin, who was serving as prime minister at the time. READ MORE

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