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The business lives of Putin’s children, who now deal with sanctions

Business lives of Putin’s children, who now face sanctions

For years, the lives of Vladimir Putin’s 2 children by his first marital relationship have been shrouded in secret. Now sanctions on his children have actually brought them– and their opaque business transactions– into the spotlight.
The steps against Maria Vorontsova and Katerina Tikhonova, who Putin doesn’t publicly acknowledge as his children, is a mostly symbolic relocation given that it’s uncertain they have significant assets beyond Russia.
Putin had stated in a 2011 state-run TV interview that his daughters led “normal lives.” “They’re not associated with politics or organization, thank God,” he told Channel One television at the time. This appears to have actually altered in being successful years, with both daughters stepping into business positions while in academia.
Vorontsova, 36, is an endocrinologist. She is a co-owner of a medical company called Nomeko, focusing on high-tech diagnostics and treatment.
Tikhonova, 35, the younger Putin daughter, was connected to a $1.6 billion job to develop a science center and startup incubator next to Moscow State University. She likewise headed the elite school’s artificial-intelligence center and its sibling fund called the National Intellectual Advancement Fund. Both are handled by the Innopraktika structure, which counts Putin associates consisting of Rosneft CEO Igor Sechin and Gazprombank CEO Andrei Akimov as board trustees.
Tikhonova’s ex-husband Kirill Shamalov made a fortune from investing in petrochemical giant Sibur Holding, with the aid of a loan from Akimov’s state-controlled bank. He later sold the shares after they divorced.
Putin, who tightly secures his private life, has stated very little bit openly about his kids with ex-wife Lyudmila. Throughout more than twenty years in power, he has actually offered drips of info about where they live, a few of their intellectual interests such as biology and Japanese culture, which they speak numerous languages.
The daughters have offered media interviews, but have actually not been recognized as Putin’s children. They have actually hardly ever appeared on cam as adults, though Tikhonova was spotted contending in an acrobatic rock and roll competitors in Switzerland in 2013.
Lyudmila, a former flight attendant, has up until now left sanctions that ensnared his allies, companies linked to them and their households.

Released at Tue, 12 Apr 2022 12:09:21 +0000

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