Meet the man who wedded Putin's daughter and afterward made a fortune


Katerina Putin, more youthful girl of Russian President Vladimir Putin got hitched to Kirill Shamalov, child of an old companion of Putin. Their wedding festivities occurred in February 2013, at Igora, a little ski resort that joins excellence and prudence, five individuals who arrived told Reuters. 

Set in the midst of forest with a pleasant lake, the resort is co-claimed by the group of Yuri Kovalchuk, another old companion of Putin, and a Cyprus organization with undisclosed shareholders. 

One individual who went to the occasion said staff were told the lady and husband to be were named Kirill and Katerina, and that visitors wore white scarves weaved with the letters "K&K" in red string. At the point when demonstrated a photo of a lady known as Katerina Tikhonova, the source distinguished her as the lady. Tikhonova is Putin's more youthful girl, as Reuters affirmed in November. 

"Watchmen were behind each corner, (they) didn't give anyone a chance to near the festival," said a staff part at the resort, which has an extravagant spa complex. "Be that as it may, we knew it was Kirill and Katerina - Putin's little girl - commending marriage." 

At the season of the wedding, Kirill - a tall, dim haired man with rimless glasses - was a rising star of Russian business, yet at the same time just 31. His fortunes started to soar not long after his wedding to the president's little girl, an aggressive aerobatic artist who is currently managing a $1.7 billion development of Moscow State College. 

Inside of year and a half, Kirill procured a huge piece of shares in a noteworthy Russian oil and petrochemical processor called Sibur - a stake now justified regardless of an expected $2.85 billion, taking into account the estimation of late share bargains. He additionally quit his employment as a business director and set up an organization to run his own speculations. 

How did such a youthful specialist go in this way, so quick? A Reuters examination of Shamalov's profession demonstrates that in the mid year of 2013, months after he wedded Putin's girl, Kirill opened dialogs about purchasing offers in Sibur from one of the president's wealthiest companions. 

After a year, he could acquire more than $1 billion, in light of the distributed records of his speculation organization. The advance originated from a bank headed by another long-lasting partner of Putin, and where Shamalov's sibling holds a senior position. The cash was utilized to make an interest in Sibur that inside of months demonstrated exceptionally gainful for Kirill. 
Gotten some information about his business bargains and the wedding, Kirill Shamalov and Sibur declined to remark. 

The direction of Kirill's fortunes reveals new insight into how individuals near Putin have taken charging positions in key organizations - and how such open doors are currently being reached out to another era. Like the wedding, a lot of this exchange of wealth has happened far from open examination. 

Vladimir Milov, a previous Russian appointee vitality pastor and now a resistance campaigner, said Putin's companions had procured real resources with the assistance of loan specialists with connections to the state, for example, Gazprombank. 

"It's amazingly non-straightforward, so it is difficult to get to and judge the specifics of the advance understandings," Milov said. "They consider Gazprombank their pocket bank." 

He included: "They are hoping to go on their energy and benefits to another era." 

Gotten some information about the wedding festivities and business bargains, Dmitry Peskov, representative for the Russian president, said: "Putin's girls are not included in governmental issues or business. The representative, Shamalov, is understood. To the extent we know, every one of his exercises are in accordance with the laws of the Russian Organization. For a long time he has been in the administration of the organization Sibur, and alongside other senior administrators is a shareholder. His vocation and business are not inside of the circle of enthusiasm of the Kremlin. We don't give remarks on the private existences of Putin's nearby relatives."

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