Summary: Ilham Aliyev Net Worth
In this article, we will discuss the net worth of Ilham Aliyev, the President of Azerbaijan. As of now, his net worth is estimated to be $900 million dollars. We will also delve into his early life, political rise, and how he became the President. Furthermore, we will explore his salary and family wealth, shedding light on the luxurious lifestyle his family enjoys. It’s important to note that all net worth figures are based on public sources and estimates. Now, let’s delve into the details.
Early Life and Political Rising
Ilham Aliyev was born in Baku, Azerbaijan SSR, and he completed his education at Moscow State University of International Relations. He obtained his Masters there and later earned a PhD in History. In 1994, he became the Vice-President of the State Oil Company of Azerbaijan.
Over the years, Ilham Aliyev achieved significant milestones in his political career. He was elected to the National Assembly of Azerbaijan, became the President of the National Olympic Committee, and was appointed as the head of the Azerbaijan delegation to the Council of Europe. In August 2003, he was elected as the Prime Minister of Azerbaijan.
Becoming President
After a few months, Ilham Aliyev’s father, who was the current President of Azerbaijan, stepped down due to ill health. Following this, his father appointed him as his replacement. Subsequently, Ilham Aliyev won the 2003 election amidst widespread protests and allegations of voter fraud. However, his presidency has been met with disapproval, as Azerbaijan is deemed to have one of the most flawed democratic governments worldwide.
Salary and Family Wealth
While Ilham Aliyev’s official Presidential salary is only $230,000 per year, his family’s wealth has grown significantly due to their control over Azerbaijan’s oil resources. For instance, his son reportedly owns nine luxury mansions in Dubai worth $45 million, while his daughters own an additional $30 million worth of real estate in Dubai. Azerbaijan law prohibits public officials from owning private businesses, but this law does not extend to their children and spouses. For example, Ilham’s daughter Arzu, a television personality and model, is reported to own millions of dollars worth of company shares and other assets, including Silk Way Bank and SW Holding. SW Holding owns numerous companies, including the state airline and the state’s official contractor.
Conclusion
In conclusion, Ilham Aliyev, the President of Azerbaijan, has an estimated net worth of $900 million. Despite concerns about his presidency, his family has accumulated significant wealth through their involvement in Azerbaijan’s oil industry. It’s important to note that the net worth figures mentioned in this article are based on public sources and estimates.
FAQs
Q: How much is Ilham Aliyev’s net worth?
A: Ilham Aliyev’s net worth is currently estimated to be $900 million dollars.
Q: What is Ilham Aliyev’s official Presidential salary?
A: Ilham Aliyev’s official Presidential salary is $230,000 per year.
Q: How has Ilham Aliyev’s family amassed wealth?
A: Ilham Aliyev’s family has accumulated wealth through their control over Azerbaijan’s oil resources.
Final Thought
Ilham Aliyev’s net worth reflects his position as the President of Azerbaijan. While controversies surround his presidency, his family’s wealth illustrates their influence in Azerbaijan’s oil industry. It is crucial to remember that the figures mentioned in this article are estimates and based on available information.
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