Vladimir Putin’s lover, and reportedly mom to two of his children, was handed a huge £63 million in leftover cash from the construction of a palace for the despot, it’s been claimed.
Former Olympic gymnast Alina Kabaeva, 42 and three decades his junior, has been rumored to be in a relationship with the evil dictator since 2008. The ex-athlete, now a Russian politician, supposedly has two boys with the despot - Ivan, 11, and Vladimir, six - but neither have confirmed their relationship.
A luxury palace, in the southern town Gelendzhik, was first uncovered back in 2021 but Putin and the Kremlin have denied the billion-pound mansion belongs to the warmonger. The property is officially owned by a firm named ‘Investment Solutions’ - with its shareholders being three of Putin’s closest associates.

The three men behind the company are businessman Ilham Rahimov, former classmate Viktor Khmarin and lawyer Nikolai Egorov. FBK, an organization created by the late Putin opposition leader Alexei Navalny, said bank records revealed the company was sent loans from offshore entities - based in the British Virgin Islands.
Putin accused of surrounding himself with same 'actors' at series of events
A new investigation has claimed leftover money from the palace construction project was sent to Putin’s lover, in the form of donations to two of her charities, according to FBK.
When the palace was finished in 2023, a whopping 6.5 billion rubles (£63 million) was left over from the loans sent to build the property. A lump sum of 3 billion rubles (£29 million) was donated to the Alina Kabaeva Charitable Foundation immediately after the home was complete, according to the Daily Mail.
This charity works to help female athletes and also helped to fix a church in occupied Crimea. The FBK however has claimed these projects only cost a fraction of the billions of rubles sent over, and claimed the rest was hidden away in a deposit account.
The other 3.5 billion rubles (£34 million) was allegedly sent to the gymnast’s other charity called Heavenly Grace, according to the FBK investigation. This non-profit reportedly dished out £288,000 at the Imperial Peterhof luxury watch factory, per independent Russian news site Meduza.
FBK also claimed some of that cash was spent on gymnastics camps but the anti-Putin group claimed it was a shield to allow the couple’s alleged kids a chance to play with other kids. The group claimed that most of the millions sent to the charity were stashed away in deposit accounts, saying these donations were "slush funds" for Putin’s secret lover.
Putin’s £1 billion clifftop palace, overlooking the Black Sea, has its own church, ice rink, casino, and hookah lounge. The massive getaway for the despot is even bigger than Buckingham Palace.
Leaked diagrams appeared to show the evil Russian leader had ordered tunnels which lie about 50 metres below the surface of his lair to be built. The underground complex reportedly spans a huge 6,500 square feet.
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