Aras Agalarov is an Azerbaijan

Azerbaijan

Azerbaijan , officially the Republic of Azerbaijan is the largest country in the Caucasus region of Eurasia. Located at the crossroads of Western Asia and Eastern Europe, it is bounded by the Caspian Sea to the east, Russia to the north, Georgia to the northwest, Armenia to the west, and Iran to...

i-born Russia

Russia

Russia or , officially known as both Russia and the Russian Federation , is a country in northern Eurasia. It is a federal semi-presidential republic, comprising 83 federal subjects...

n businessman, with an estimated fortune of $1.2Bn, the 962nd richest man in the world.

Born in Baku

Baku

Baku , sometimes spelled as Baki or Bakou, is the capital and largest city of Azerbaijan, as well as the largest city on the Caspian Sea and of the Caucasus region. It is located on the southern shore of the Absheron Peninsula, which projects into the Caspian Sea. The city consists of two principal...

, he was educated at the Baku Polytechnical Institute. He moved with his family to Moscow

Moscow

Moscow is the capital, the most populous city, and the most populous federal subject of Russia. The city is a major political, economic, cultural, scientific, religious, financial, educational, and transportation centre of Russia and the continent...

 in 1998, where he founded Crocus International, which specialises in trade fair

Trade fair

A trade fair is an exhibition organized so that companies in a specific industry can showcase and demonstrate their latest products, service, study activities of rivals and examine recent market trends and opportunities...

s, where he still makes most of his money.

Agalarov then opened the first Crocus Inter store, which became a retail business that includes malls offering housewares. This moved him into property development, where he built the Crocus City Mall

Crocus City Mall

Crocus City Mall is a shopping mall located in the southern Moscow district of Krasnogorsk, Moscow Oblast.-Development:A developed by Aras Agalarov's Crocus International, the site is located near the Moscow Oblast Administrative HQ, just outside Moscow's MKAD ring road...

, the largest shopping centre in Moscow. Adjacent to this he then built the largest trade centre in Russia on the out skirts of Moscow, Crocus Expo, and has since developed a luxury housing development.

Married with two children, his eldest son Emin Agalarov

Emin Agalarov

Emin Araz oglu Agalarov , simply known under the stage name Emin, is an Azerbaijani singer-songwriter and businessman. He writes and performs songs in English. Emin went to fame with his debut album Still which sold over 100,000 copies worldwide...

 is a businessman and singer/song writer. Emin is married to Leyla Aliyeva, the daughter of the current President of Azerbaijan

President of Azerbaijan

The country of Azerbaijan is a presidential republic, with the President of Azerbaijan as the head of state, and the Prime Minister of Azerbaijan as head of government...

, Ilkham Aliyev; she edits the London

London

London is the capital city of :England and the :United Kingdom, the largest metropolitan area in the United Kingdom, and the largest urban zone in the European Union by most measures. Located on the River Thames, London has been a major settlement for two millennia, its history going back to its...

-based Baku magazine, published by Crocus International.

External links

• Profile at Forbes Magazine