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Aras Agalarov Net Worth


Aras Agalarov Net Worth: A Closer Look at the Azerbaijan-born Russian Businessman

In this article, we will provide you with comprehensive information about the net worth of Aras Agalarov, a prominent Azerbaijan-born Russian businessman, developer, public figure, and author. With a net worth of $1.8 billion, Agalarov has made a name for himself in the real estate business and is considered one of the biggest developers in Russia.

Early Life and Career

Aras Agalarov was born on November 8, 1955, in Baku Azerbaijan. He attended Azerbaijan Polytechnical Institute before moving to Moscow in 1998. His move was to establish Crocus International, a company that specializes in trade fairs. Over the years, Crocus International has become the largest trade-fair operator in Russia, expanding its operations into the retail business and property development.

One of Agalarov’s notable achievements is owning the largest convention center in Russia, Crocus Expo. Additionally, he is the owner of Crocus City Mall, the largest shopping center in Moscow.

Donald Trump Connection

In July 2017, it came to light that Aras Agalarov and his son Emin arranged a meeting in June 2016 at Trump Tower. The meeting involved Donald Trump Jr., Jared Kushner, Paul Manafort, and a Russian lawyer. The connection between the Trump and Agalarov families dates back several years, with Donald Trump Sr. even appearing in one of Emin’s music videos.

Aras Agalarov’s Personal Life

Aras Agalarov is a married man and has two children. He is recognized as the unofficial spokesman of Russia’s Azerbaijani diaspora.

Conclusion

Aras Agalarov’s net worth of $1.8 billion highlights his success as a businessman and developer. With a significant impact on the real estate industry in Russia, Agalarov’s achievements continue to be recognized and celebrated.

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Frequently Asked Questions

Q: How did Aras Agalarov accumulate his wealth?

A: Aras Agalarov derived most of his net worth from his real estate business, which includes trade fairs, retail ventures, and property development.

Q: What are Aras Agalarov’s notable achievements?

A: Agalarov owns the largest convention center in Russia, Crocus Expo, and the largest shopping center in Moscow, Crocus City Mall.

Q: What is Aras Agalarov known for?

A: Aras Agalarov is known for being one of the biggest and most notable developers in Russia and serving as the unofficial spokesman of Russia’s Azerbaijani diaspora.

Final Thoughts

Aras Agalarov’s net worth of $1.8 billion is a testament to his success in the real estate industry. As an influential figure in Russia, Agalarov’s contributions to trade fairs, retail business, and property development have shaped the landscape of the country’s economy.



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