God Nisanov Net Worth

God Nisanov has an estimated net worth of $5.1 billion, according to Forbes Real-Time Billionaires, God Nisanov profile (figures as of October 20, 2026). That is up from $3.5 billion in 2019.

God Nisanov is a Russian-Azerbaijani property developer best known as co-owner of Kievskaya Ploshchad. He built his career in Moscow real estate with longtime business partner Zarakh Iliev. The pair founded the company in 1992 and grew it from early shopping center projects into a major owner of commercial property. Their holdings later included retail, office, warehouse, hotel, and river transport assets tied to some of Moscow’s best-known sites.

His wealth comes mainly from large-scale real estate development and ownership in Moscow. Forbes says Nisanov and Iliev own roughly 14 million square feet of real estate in the city. Their portfolio includes the Sadovod market, Food City, Hotel Ukraina, Depo, the Olympic Stadium, and Flotilla Radisson Royal on the Moskva River. Forbes’ real-time tracker listed Nisanov at $5.1 billion as of October 20, 2026.

How God Nisanov built his fortune

Nisanov’s business story centers on Kievskaya Ploshchad, the company he started with Zarakh Iliev in 1992. Early projects included shopping centers such as Elektronny Ray, Panorama, Grand, and the auto center Moskva. In 2005, the company acquired Hotel Ukraina and later redeveloped it. Over time, the business expanded beyond development into hotels, restaurants, markets, and other income-producing commercial properties across Moscow.

Some of the biggest money makers in the group are large destination properties. Forbes notes that Nisanov and Iliev developed Food City, a 225-acre wholesale distribution center in Moscow, along with several shopping centers on the city’s outskirts. Kievskaya Ploshchad also owned the Sadovod market from 2003, opened the Evropeyskiy shopping and entertainment center in 2009, launched the Radisson Royal flotilla that year, and later added Depo and the Olympic Stadium.

Forbes wealth estimate over time

Forbes has shown big swings in Nisanov’s fortune across recent years. Its World's Billionaires List estimated his net worth at $3.5 billion in 2019, then $2.7 billion in 2020, and $3.4 billion in 2021. The estimate fell to $1.3 billion in 2022, before rising to $2.9 billion in 2023 and staying there in 2024. In 2025, Forbes put him back at $3.4 billion.

By 2026, Forbes lifted its estimate to $5.1 billion, the same figure shown on its real-time billionaires tracker in October 2026. The broad reason is visible in the asset base tied to his company. Kievskaya Ploshchad owns commercial, office, warehouse, hotel, and river transport assets in Moscow, and Forbes describes Nisanov as self-made. That mix helps explain why his wealth is closely linked to the value and reach of Moscow real estate.