What is Aras Agalarov's Net Worth?
Aras Agalarov, born in Azerbaijan, is a prominent Russian businessman, developer, public figure, and author with a net worth of $1.8 billion. Agalarov has amassed most of his fortune through his extensive real estate ventures. Renowned as one of Russia's most significant developers, he owns the largest convention center in the country.
Early Life and Education
Born on November 8, 1955, in Baku, Azerbaijan, Aras Agalarov pursued his education at the Azerbaijan Polytechnical Institute. In 1998, he relocated his family to Moscow to establish Crocus International, a company primarily focused on trade fairs. Over the years, Crocus International has grown to become Russia's largest trade-fair operator, expanding into retail and property development. Its portfolio now includes major landmarks such as Crocus City Mall, Moscow's largest shopping center, and Crocus Expo, the largest trade center in Russia.
Personal Life and Public Image
Aras Agalarov is known as the unofficial spokesperson for Russia's Azerbaijani diaspora. Married with two children, he has made significant strides in various industries, leaving an indelible mark on Russia's business landscape.
Donald Trump Connection
In July 2017, it was revealed that Aras Agalarov and his popstar son Emin arranged a meeting at Trump Tower in June 2016. This meeting included notable figures such as Donald Trump Jr., Jared Kushner, Paul Manafort, and a Russian lawyer. The Trump and Agalarov families have maintained a connection over the years, with Donald Trump Sr. even making an appearance in one of Emin’s music videos.
