Zarakh Iliev
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- Name
- Zarakh Iliev
- Net Worth
- 2.9 Billion USD
- Birth Date
- 9 September 1966
- Age
- 58
- Country
- Russia
- City
- Moscow
- Business
- Real Estate
Zarakh Iliev is a prominent Russian billionaire known for his success in real estate and investments. Born in 1966 in Dagestan, Russia, Iliev's entrepreneurial journey began with ventures in the retail and wholesale trade sectors in the early 1990s. His acumen and strategic vision soon led him to focus on real estate development, particularly in Moscow.
Iliev co-founded the USM Group (formerly known as BIN Group) alongside his business partner God Nisanov. The group rapidly expanded its footprint in Moscow's real estate market, developing and managing commercial and residential properties. They strategically acquired prime land parcels and revitalized neglected areas, transforming them into vibrant business and residential hubs. Their projects include shopping malls, office complexes, hotels, and residential towers, catering to the growing demand from Moscow's affluent population.
Beyond real estate, Zarakh Iliev and God Nisanov diversified their investments into hospitality, logistics, and agriculture, further solidifying their position as influential figures in Russia's business landscape. Their strategic investments and ability to capitalize on emerging market opportunities have contributed significantly to their financial success.
Zarakh Iliev's net worth is estimated to be in the billions, making him one of Russia's wealthiest individuals. His entrepreneurial spirit and business acumen continue to drive the growth of USM Group, positioning it as a major player in the Russian economy.
Iliev is also known for his philanthropic efforts, supporting various charitable causes in Russia, particularly in healthcare and education. His contributions aim to improve social welfare and promote sustainable development in the communities where USM Group operates.
Zarakh Iliev's journey from a small business owner to a billionaire tycoon underscores the transformative power of vision, determination, and strategic investments in achieving remarkable success in the competitive world of business. His leadership in real estate development has left an indelible mark on Moscow's skyline and economy.
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