Zarakh Iliev

In this name that follows Eastern Slavic naming customs, the patronymic is Binsionovich and the family name is Iliev.
Zarakh Iliev
Born (1966-09-08) 8 September 1966 (age 58)
Qırmızı Qəsəbə, Azerbaijan Soviet Socialist Republic, Soviet Union
Citizenship
  • Russian Federation
  • Commonwealth of Dominica
OccupationProperty developer

Zarakh Iliev (Russian: Зарах Бинсионович Илиев, born 8 September 1966) is a Russian–Azerbaijani billionaire property developer and co-owner of the Kievskaya Ploshchad [ru]. As of early March 2024, Forbes estimated his fortune to be $3.3 billion. Iliev is one of the wealthiest people in Russia and ranks 1027th in the ranking of the wealthiest people on the planet.[1]

In 1992 Zarakh Iliev and his compatriot God Nisanov founded the Kievskaya Ploshchad Group of Companies. As of 2024, Kievskaya Ploshchad owns commercial, office, warehouse, and hotel real estate in Moscow, and Flotilla Radisson Royal [ru] on the Moskva River. Among its largest assets are the Sadovod market [ru], the agricultural cluster Food City, Hotel Ukraina, the food court Depo [ru], and the Olympic Stadium. According to Forbes and RBK, Kievskaya Ploshchad ranks among Russia's 100 largest private companies. It is also the most significant player in the Russian commercial property market.

Zarakh Iliev is known for his close connections with the Russian and Azerbaijani political elite. Ilham Rahimov, a former fellow student of Vladimir Putin, holds shares in many of Kievskaya Ploshchad's projects.

Following the full-scale invasion of Ukraine, the USA, the UK, and Ukraine placed Iliev on the sanction lists.[2]

  1. ^ "Zarakh Iliev". Forbes (in Russian). Retrieved 2024-03-02.
  2. ^ "Зарах Илиев". Война и Санкции (in Russian). Retrieved 2024-03-01.