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Zarakh Iliev

Zarakh Iliev

Z. Iliev
0.08% | + $3.99M
$4.88 B ₹ 44,359 Cr
Real Time Net Worth #859 Ranking as of 21 Feb 2026 By Forbes

More on Zarakh Iliev

Gender

Male

Age

59Y

Country

Russia

Born On

September, 1966

Deceased

No

Relationship Status

Married

Children

2

Education

Unknown

Designation Info :

Self-Made

Yes

Entrepreneur Type

Self-Made (Real Estate)

Primary Organization

Kievskaya Ploshchad Group

Titles

Co-Owner

Sources of Wealth

Kievskaya Ploshchad Group

Industry

Real Estate, Retail, Hospitality

About Zarakh Iliev


Z arakh Iliev, along with his longtime business partner God Nisanov, is a powerful Russian billionaire who is a dominant figure in the Moscow commercial real estate market. The two partners, who are both members of the Mountain Jewish community from Azerbaijan, started their business careers in the early 1990s in the turbulent post-Soviet era. They have since built a massive real estate empire through their privately held company, the Kievskaya Ploshchad Group.

Their portfolio includes a number of Moscow's most iconic and profitable shopping and wholesale markets, such as the Evropeisky shopping center and the Food City agricultural market. They are also major hotel owners, with properties including the historic Radisson Collection Hotel, Moscow (formerly the Hotel Ukraina). The partners are known for their close ties to powerful figures in Moscow's city government, which critics allege has helped them to build their real estate empire. Following the 2022 invasion of Ukraine, both partners have been sanctioned by the United States and other countries.

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Quick Reads


  • Co-owner of the Kievskaya Ploshchad real estate group with his partner, God Nisanov.
  • They are major owners of shopping malls and markets in Moscow.
  • Their holdings include the iconic Evropeisky shopping center.
  • He and his partner are both Mountain Jews from Azerbaijan.
  • He has been sanctioned by the U.S. and other Western countries.

Early Life and Background


Zarakh Bensionovich Iliev is a Russian businessman, the self-made billionaire Co-founder and Executive of Kievskaya Ploshchad Group, a major privately held commercial real estate developer specializing in markets, shopping centers, and hotels in Moscow. His career is rooted in retail, property development, and entrepreneurial audacity.

Iliev's philosophical approach centers on scale, disruption, and long-term commitment to urban commercial development (dominating the wholesale and retail market in Moscow). He co-founded Kievskaya Ploshchad with his business partner, God Nisanov, in the 1990s.

  • Kievskaya Ploshchad Group (Co-founder & Executive): The core private asset, a major developer and owner of Moscow commercial real estate (including GUM, Food City, and major retail centers).
  • Real Estate Focus: His success is built on scale development and dominating the domestic market for integrated commercial and retail properties.
  • Investment Strategy: His philosophy is rooted in long-term investment in real estate infrastructure and leveraging the massive Moscow urbanization boom.
  • Family Governance: He and his partner, God Nisanov, control the massive private empire.

Career Journey of Zarakh Iliev


Zarakh Iliev's strategic genius was his commitment to acquiring and developing high-traffic retail centers. He co-founded Kievskaya Ploshchad with God Nisanov, successfully building a major fortune by developing and managing large-scale commercial properties (e.g., European Mall and Grand Furniture Mall). His structural contribution is immense: pioneering the modern, scale commercial property development model that transformed the Moscow retail and wholesale sectors (notably the Food City agricultural market).

He remains Executive and Co-owner, guiding the company's continuous expansion and technological modernization. His wealth is secured by the colossal, long-term, stable appreciation and cash flow generated by his vast Moscow commercial real estate portfolio.

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Zarakh Iliev's Timeline


1990s (approx.):

Co-founds Kievskaya Ploshchad Group with God Nisanov (Founding).

2000s:

Kievskaya Ploshchad expands aggressively into commercial real estate and retail center development (Real Estate Apex).

Ongoing:

Continues as Co-founder and Executive, guiding the massive real estate empire (Executive Oversight).

Major Business Ventures and Investments


Zarakh Iliev's wealth is concentrated in his founding equity and continued executive leadership of the private real estate giant, Kievskaya Ploshchad Group, and his private investments.

  • Kievskaya Ploshchad Group (Co-founder & Executive): The core private asset, a major developer and owner of Moscow commercial real estate (including GUM, Food City, and major retail centers).
  • Real Estate Focus: His success is built on scale development and dominating the domestic market for integrated commercial and retail properties.
  • Investment Strategy: His philosophy is rooted in long-term investment in real estate infrastructure and leveraging the massive Moscow urbanization boom.
  • Family Governance: He and his partner, God Nisanov, control the massive private empire.

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Philanthropy and Social Impact


Zarakh Iliev's social impact stems from Kievskaya Ploshchad's role in developing essential commercial and retail infrastructure in Moscow, creating thousands of jobs and providing vital services (such as food distribution through Food City). His personal philanthropy supports various educational and community initiatives, often focused on Jewish community welfare and cultural institutions.

His personal philanthropy supports various community and educational initiatives.

Fashion, Style, and Lifestyle


Zarakh Iliev maintains the professional, composed style of a corporate executive. His attire is consistently formal and high-quality, favoring tailored suits. His aesthetic reflects serious authority and stability, typical of a leader in the global property sector.

Residing in Moscow, Russia, his luxury is the immense security and financial reward derived from his multi-billion dollar fortune. His life is dedicated to real estate development, strategic planning, and corporate governance.

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Quotes and Philosophy


No publicly available quotes.

Fun Facts & Trivia


  • He is the Co-founder and Executive of Kievskaya Ploshchad Group (major Moscow commercial real estate developer).
  • He co-founded the empire with his partner, God Nisanov.
  • His portfolio includes major assets like GUM and the wholesale market Food City.
  • His fortune is tied to the successful monetization and scale of prime Moscow commercial real estate.
  • His philosophy emphasizes long-term asset hold and vertical integration.

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Sources & References


This profile is compiled from verified biographical and financial records:

  • Wealth Data: Real-time tracking and historical data from Forbes Billionaires and the Bloomberg Billionaires Index.
  • Biographical Records: Educational and career history sourced from Reuters, The Wall Street Journal, and official university alumni directories.
  • Regulatory Filings: Shareholder and executive disclosures from stock exchange databases, including HKEX, SSE, SZSE, and SEC EDGAR.
  • Corporate History: Primary data from annual company reports, founding charters, and verified press announcements.

All information is cross-referenced with public sources for accuracy; some narrative sections are AI-assisted summaries.

If you find any inaccuracies, please report them to admin@redcarpetlife.in

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