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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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.
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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Co-founds Kievskaya Ploshchad Group with God Nisanov (Founding).
Kievskaya Ploshchad expands aggressively into commercial real estate and retail center development (Real Estate Apex).
Continues as Co-founder and Executive, guiding the massive real estate empire (Executive Oversight).
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.
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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.
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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-0.45% | -$15.00M
+4.25% | +$146.00M
This profile is compiled from verified biographical and financial records:
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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