Zarakh Iliev’s net worth over time
Only dates with a published estimate are shown. Nothing is filled in between. Tap or hover a bar to see the source.
See the numbers as a table
| Date | Estimate | Source |
| 2019 | $3.5 billion | Forbes World's Billionaires List 2019 |
| 2020 | $2.7 billion | Forbes World's Billionaires List 2020 |
| 2021 | $3.4 billion | Forbes World's Billionaires List 2021 |
| 2022 | $1.3 billion | Forbes World's Billionaires List 2022 |
| 2023 | $2.9 billion | Forbes World's Billionaires List 2023 |
| 2024 | $2.9 billion | Forbes World's Billionaires List 2024 |
| 2025 | $3.4 billion | Forbes World's Billionaires List 2025 |
| 2026 | $5.1 billion | Forbes World's Billionaires List 2026 |
| Oct 2026 | $5.1 billion | Forbes Real-Time Billionaires · Forbes real-time estimate |
Where the money comes from
These are the main sources of wealth named in the reporting we cite. No published source breaks the total into exact amounts, so we do not show percentages.
Zarakh Iliev’s fortune in real-life terms
Based on the Forbes Real-Time Billionaires estimate above. Median full-time U.S. pay is $65,416 a year ($1,258 a week, BLS, Q2 2026), before taxes. Typical (median) U.S. family net worth is $216,100 (Federal Reserve, 2025 Survey of Consumer Finances).
How do you compare to Zarakh Iliev? New
Type your yearly income and see how you stack up. It runs in your browser: nothing you type is saved or sent anywhere.
Zarakh Iliev has an estimated net worth of $5.1 billion, according to Forbes Real-Time Billionaires, Zarakh Iliev profile (figures as of October 20, 2026). That is up from $3.5 billion in 2019.
Zarakh Iliev is a Russian property developer who built his fortune in Moscow real estate. He grew up in Krasnaya Sloboda in Azerbaijan and later moved to Moscow, where he started wholesaling with longtime partner God Nisanov at the Cherkizovsky Market. In 1992, the 2 men founded the Kievskaya Ploshchad Group of Companies. That business became the base for a large portfolio of commercial, office, warehouse, residential, and hotel properties.
Their early projects included shopping centers such as Elektronny Ray, Panorama, Grand, and the auto center Moskva. Over time, Kievskaya Ploshchad added larger assets, including Sadovod, Food City, Hotel Ukraina, Depo, and the Olympic Stadium. Iliev also co-owns the 5-star Moscow Royal Radisson hotel, which served as FIFA headquarters during the World Cup 2018 in Russia. Forbes says his wealth reached $5.1 billion on its real-time billionaires tracker on October 20, 2026.
How Zarakh Iliev built his fortune
Iliev made his money through property development with God Nisanov. After starting in wholesale trade, they formed Kievskaya Ploshchad in 1992 and shifted into major real estate projects in Moscow. Their company owns commercial, office, warehouse, and hotel properties. Wikipedia says its holdings include the Sadovod market, Hotel Ukraina, Depo, the Olympic Stadium, and the Flotilla Radisson Royal on the Moskva River.
Forbes says Iliev and Nisanov build trade centers, hotels, and residential property in Moscow. It also says they own roughly 14 million square feet of real estate in the city. One of their best-known projects is Food City, a 225-acre wholesale distribution center in Moscow, along with several shopping centers on the city's outskirts. Forbes also notes that Iliev is a co-owner of the 5-star Moscow Royal Radisson hotel.
Forbes net worth changes
Forbes has tracked large swings in Iliev's fortune over time. It put his net worth at $3.5 billion in 2019, then $2.7 billion in 2020, and $3.4 billion in 2021. The estimate then fell to $1.3 billion in 2022 before recovering to $2.9 billion in 2023 and staying at $2.9 billion in 2024. Those moves happened while his business remained centered on Moscow real estate.
By 2025, Forbes estimated Iliev at $3.4 billion. In 2026, that figure rose to $5.1 billion on the World's Billionaires List, and Forbes also showed $5.1 billion on its real-time tracker in October 2026. The available details tie his fortune to the value of a huge Moscow property base, including trade centers, hotels, residential projects, shopping centers, and the Food City complex.
Career and money timeline
- 1992
Iliev and God Nisanov founded the Kievskaya Ploshchad Group of Companies.
- 2005
Kievskaya Ploshchad acquired Hotel Ukraina, later renamed Radisson Collection.
- 2009
The company opened the 8-story Evropeyskiy shopping and entertainment center.
- 2014
Kievskaya Ploshchad opened the Food City agrocluster in Moscow.
- 2017
The company bought the Olympic Stadium from the Alliance Group.
- 2019
Kievskaya Ploshchad opened the Depo food court near Belorusskaya metro station.
- 2021
Kievskaya Ploshchad acquired a 9.8% stake in Samolet.
Zarakh Iliev net worth FAQ
What is Zarakh Iliev's net worth?
Zarakh Iliev's net worth is an estimated $5.1 billion, according to Forbes Real-Time Billionaires, Zarakh Iliev profile (October 20, 2026). It is an estimate, not an official figure.
How did Zarakh Iliev get so rich?
The main sources named in the reporting we cite are: Real estate.
Is Zarakh Iliev a billionaire?
Yes. Forbes Real-Time Billionaires estimates Zarakh Iliev is worth $5.1 billion.
How has Zarakh Iliev's net worth changed?
The earliest published estimate we track is $3.5 billion (2019, Forbes World's Billionaires List 2019). The latest is $5.1 billion (October 20, 2026).
What company is Zarakh Iliev best known for?
He is best known as a co-owner of Kievskaya Ploshchad. The company focuses on large real estate projects in Moscow.
What kinds of property does Zarakh Iliev own?
His business is tied to trade centers, hotels, residential property, shopping centers, warehouses, and major market projects in Moscow. Forbes also says he and God Nisanov own roughly 14 million square feet of real estate there.
Sources
- Forbes Real-Time Billionaires, Zarakh Iliev profile (October 20, 2026)
- Forbes World's Billionaires List 2019, Zarakh Iliev profile (March 5, 2019)
- Forbes World's Billionaires List 2020, Zarakh Iliev profile (April 7, 2020)
- Forbes World's Billionaires List 2021, Zarakh Iliev profile (April 6, 2021)
- Forbes World's Billionaires List 2022, Zarakh Iliev profile (April 5, 2022)
- Forbes World's Billionaires List 2023, Zarakh Iliev profile (April 4, 2023)
- Forbes World's Billionaires List 2024, Zarakh Iliev profile (April 2, 2024)
- Forbes World's Billionaires List 2025, Zarakh Iliev profile (April 2025)
- Forbes World's Billionaires List 2026, Zarakh Iliev profile (March 10, 2026)
- U.S. Bureau of Labor Statistics, Usual Weekly Earnings (Q2 2026) (July 2026)
- Federal Reserve, 2025 Survey of Consumer Finances (median family net worth, Table 4) (October 2026)
- Background facts: Wikipedia, Zarakh Iliev (accessed October 25, 2026). Used for career facts only, never for figures.
Every number on this page is an estimate published by the source named next to it. We never fill in years with our own guesses. How we handle estimates.