Portrait of Zarakh Iliev

Rank #827

Zarakh Iliev

Net worth $5.1B

Real estate · Russia

Born
Sep 09, 1966
Age
59
Source
Real estate
Residence
Moscow
Citizenship
Russia
Marital status
Married
Children
2
Education

Net worth over time

Biography

  • Zarakh Iliev and his longtime partner God Nisanov are building trade centers, hotels and residential property in Moscow.
  • The pair, who moved to Moscow from Azerbaijan, own roughly 14 million of square feet of real estate in Moscow.
  • The partners developed a 225-acre wholesale distribution center, Food City, in Moscow and also several shopping centers on Moscow's outskirts.
  • Ililev is co-owner of 5- star Moscow Royal Radisson hotel, which served as FIFA's headquarters during the World Cup 2018 in Russia. <br>
  • In September 2022 a real estate mogul Iliev was hit with U.K. sanctions in the wake of Russia's invasion of Ukraine.
  • The son of a shoemaker, Iliev helped make shoes as a child.
  • Iliev and his partner God Nisanov were born and grew up in Krasnaya Sloboda village in Azerbaijan.