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Putin's former son-in-law bought shares worth $380 million for $100: Report

A businessman who briefly married into President Putin’s family bought shares worth $380 million in Russia’s biggest petrochemicals company for $100, leaked emails have disclosed. Kirill Shamalov, 38, married Mr Putin’s youngest daughter, Yekaterina Tikhonova, 34, in 2013 in an elaborate ceremony and a three-day reception at a ski resort near St Petersburg. Shortly after, Mr Putin’s new son-in-law acquired a 3.8 per cent stake in Sibur, a private company partially owned by businessmen linked to the Kremlin, iStories, a Russian investigative journalism outlet, reported. The couple went on a spending spree, buying property in Russia, near Moscow, and a seaside villa in Biarritz, France.

News source ~ The Times