Biography
Zarakh Iliev, born in 1966, is a prominent Russian-Azerbaijani billionaire specializing in real estate development. With an estimated net worth of $3.3 billion as of early March 2024, he ranks among the wealthiest individuals in Russia. His wealth stems from his extensive real estate holdings, particularly through the Kievskaya Ploshchad Group, which he co-founded. Iliev's career began in retail before transitioning to construction, where he spearheaded numerous successful projects, including shopping centers, hotels, and agricultural facilities. He is recognized for his significant contributions to the commercial property market and his philanthropic endeavors, including supporting Jewish educational projects and cultural institutions. Iliev's close ties with Russian and Azerbaijani political figures have also been noted.