Agalarov Aras Iskender Oglou

Biography

Was born on November 8, 1955 in Baku, Azerbaijan.

Education

1962: SOSh No. 189 of Baku

In 1962 - 1972 - high comprehensive school No. 189 of Baku.

1977: Baku polytechnical institute

In 1977 graduated from the Baku polytechnical institute (since 2015 - the Azerbaijani state university of oil and the industry), qualification - "The engineer of electric communication", specialty - Multichannel Telecommunication.

1987: All-Union Central Council of Trade Unions of N.M. Shvernik - Candidate of Economic Sciences

In 1987 completed postgraduate studies at the Higher school of the trade-union movement All-Union Central Council of Trade Unions of N.M. Shvernik (since 1990 - Academy of work and social relations).

Defended the dissertation on a subject: "Formation and use of the wages fund on the example of telecommunications agencies", the academic degree is awarded on June 9, 1987: economic sciences^[1].

Career

1977

Baku telephone exchange

In 1977 after the termination of institute worked at the Baku telephone exchange.

Scientific Research Institute Baku

Since 1977 worked at research institute in Baku.

1979: Republican committee of labor union of workers of communication

In 1979 it was transferred to the order of Republican committee of labor union of workers of communication.

1981: Chairman of MK of labor union of the Baku long-distance telephone exchange

In 1981 it was elected the chairman of MK of labor union of the Baku long-distance telephone exchange.

1987: Baku city committee of labor union of employees of agrarian and industrial complex

After the termination of a postgraduate study in 1987 it was appointed the instructor in the Baku city committee of labor union of employees of agro-industrial complex.

1988

All-Union Central Council of Trade Unions of N.M. Shvernik

From 1988 to 1990 worked in All-Union Central Council of Trade Unions scientific center as the junior researcher.

Founder of Shafran cooperative

In 1988 founded trade and purchasing cooperative "Shafran" (export of the Russian souvenirs, import of the computer equipment) in 1989 renamed into Krokus^[2].

1989: Founder of Krokus International

In 1989 founded the American-Soviet joint commercial enterprise "Krokus International" (further - Crocus Group) which is engaged in developer and exhibition business, trade in luxury goods.

The company owns the largest in Moscow the exhibition center Crocus Expo, its area exceeds 1 mln sq.m.

1990: CEO (President)

Since March 31, 1990 is the CEO (President) of JSC Krokus International.

In 2006 Council of directors of the EBRD ^[3] approved selection to Crocus Group of 207 million dollars on financing of construction of shopping center "Kashirka Moll"^[3].

In 2012 offered services of Crocus Group at construction of Vostochny Cosmodrome in the Amur region^[4].

1997: Chairman of the Supervisory board of Krokus-Bank

Since October 1, 1997 - the Chairman of the Supervisory board of LLC CB Krokus-Bank.

2002

Founder and President of "Union of producers and importers"

In 2002 organized "The union of producers and importers" and it was elected the President of this non-profit organization.

"All-Russian Azerbaijani congress"

Since 2002 - the member of Presidium of the all-Russian public organization "All-Russian Azerbaijani Congress"^[5].

2004: FCS OF THE RUSSIAN FEDERATION

Since 2004 - the member of the Public advisory board on customs policy at the Federal Customs Service.

2006: MAI

As of 2006 ^[6] was the full member of the International academy of informatization].

2009: RUIE

Since 2009 - the board member of Russian Union of Industrialists and Entrepreneurs (RUIE)^[7].

2010: Founder of "Fund of cultural and musical heritage Muslim Magomayev"

In 2010^[8] founded "Fund of Cultural and Musical Heritage Muslima Magomayeva" non-profit organization^[8].

2011: Income

Took the 64th place in the rating of the Russian-language version of Forbes "The richest businessmen of Russia - 2011". The fortune was estimated in 1.5 billion dollars^[9].

2012

Vice president of MMBA and Support of Russia, editor-in-chief of the Business I Vystavki magazine

For 2012 ^[2] was the Vice president of the Moscow international business association and public organization of a small and medium entrepreneurship Support of Russia, the Chief Editor of the Business I Vystavki magazine].

Income

Took 61 places in the rating of the Russian-language version of Forbes "The richest businessmen of Russia - 2012". Aras Agalarov's fortune was estimated in 1.6 billion dollars^[10].

2019: Sponsor of construction of a children's hospice "House with the beacon"

In 2019 "The house with the beacon" sponsored for construction of a children's hospice. The total cost of the project for Crocus Group company was 400 million rubles.

2020: Income

In 2020 took the 55th place in the rating of the Russian-language version of Forbes of "200 Richest businessmen of Russia 2020". The fortune is estimated in 1700 million dollars.

For 2020 capital assets of Aras Agalarov are concentrated:

• trade (Crocus Group)^[11].

Awards

• Order of St. Sergius of Radonezh 2 class (2003),
• Order of Holy Prince Daniel of Moscow 2 class (2005),
• The award "For Merits in front of the Republic of Italy" is degree Commodore (2009),
• The first place in the rating of the Kommersant newspaper of bosses of 2010 (Trade nomination),
• The owner of the award Commercial Real Estate Awards in the Developer of Year nomination (2011),
• Owner of the award The MICAM Awards,
• Owner of the award Donald Trump Diamond Excellence Award,
• Order of Honour (Russian Federation) - for the achieved labor success, long-term fair work and vigorous public work (on October 26, 2013),
• "The person of year" and Developer of year according to the award Commercial Real Estate Awards (2015).

Additional information

Agalarov is famous for the ambitious projects, for example, construction of the satellite town of Moscow, promotion of the known restaurant brand of the world - Nobu networks, one of co-owners of which is the actor Robert de Niro.

Wears watch of Patek Philippe,^[12] loves well the suits fitting on it^[12].

Author of books "My View of Russia during an Era of Reforms" and "Russia: reflections on the way to the market" (Young Guard publishing house, Moscow, 1998).

Family

He is married, two children^[13].

• The wife is Irena Agalarova.
• The son is Emin Agalarov.
• The daughter is Sheila Agalarova.

Notes