Monday, December 7, 2020

Russian President Putin’s Ex-Son-in-Law Bought $380M Stake in Petrochemicals Giant For Only $100

According to the investigation, Kirill Shamalov purchased the sizeable stake in the parent company of petrochemicals giant Sibur through an offshore company. Photograph: Sergei Karpukhin/Reuters


President Vladimir Putin’s former son-in-law purchased $380 million worth of shares in Russia’s top petrochemicals company for $100 after marrying the president’s daughter, according to a report by the iStories investigative outlet. 

Kirill Shamalov acquired 3.8% of petrochemicals producer Sibur through a web of offshore companies months after marrying Katerina Tikhonova in February 2013, iStories reported, citing private emails obtained through a massive data breach. 

Multiple media reports have identified Tikhonova as the younger of Putin’s two daughters.

Read more .... 

WNU Editor: This is old news. WNU covered this 5 years ago .... In Two Years Russian President Putin's Son-In-Law Became A Billionaire (December 31, 2015). 

 More News On How Russian President Putin's Ex-Son-in-Law Became A Billionaire 

5 comments:

RussInSoCal said...

Sounds familiar.

Anonymous said...

380 million of shares for 100.00 the guy is a negotiator! Meanwhile where the action really is ...........DC

jimbrown said...

That's why he can live so cheaply.

Dave Goldstein said...

It's good to be the son of the king

Anonymous said...


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