Aras Agalarov Net Worth, Relationships, Age/Birthdate & Birthday Facts

Aras Agalarov Net Worth, Relationships, Age/Birthdate & Birthday

Aras Agalarov is a Russian-Azerbaijani property-developer and entrepreneur best known for his Crocus Group empire and high-profile political and business connections.

Introduction

Aras Iskanderovich Agalarov, born on November 8, 1955, is a prominent businessman whose ventures in real estate, retail and infrastructure have made him one of the most influential figures in the Russian and Azerbaijani business world. His estimated net worth has been variously reported at around US $1.5 billion to US $1.9 billion, depending on the source. He is married (to Irina Agalarova) and has been publicly involved in his company and family life.

Quick Facts (Table Summary)

From Local Ambition to Global Success

Aras Agalarov was born in Baku, in the Azerbaijan SSR, on November 8, 1955.  He studied at the Azerbaijan Polytechnical Institute and early on began navigating the shifting tides of Soviet and post-Soviet business. 

In the late 1980s and early 1990s, Agalarov founded what would become the Crocus Group, initially geared toward trade and exhibitions and later expanding into property development, retail malls and large-scale infrastructure.

Defining moments in Aras Agalarov’s journey include:

• Launching the Crocus Group and building the Crocus City Mall and Crocus Expo in Moscow. 

• Securing contracts to build major infrastructure (e.g., stadiums for the 2018 FIFA World Cup, highways, university campus). 

• Hosting the 2013 Miss Universe pageant at his venue and connecting with global-business figures. 

The Core Pillars of Aras Agalarov’s Wealth

The core pillars of Aras Agalarov’s wealth include:

• Real-Estate and Development: His Crocus Group has built premium malls, exhibition centres, luxury housing estates and business parks around Moscow and beyond.

• Government/Infrastructure Contracts: Agalarov’s firm has been awarded significant state-linked infrastructure projects, including for the 2018 World Cup. 

• Retail and Leisure Ventures: Through previous ventures in retail chains and luxury consumer assets, Agalarov expanded his asset base and leveraged property development with consumer-facing operations.

Relationships & Family Life

In his personal life, Agalarov is married to Irina Agalarova, who has her own business interests. They have at least two children, including their son Emin Agalarov (a singer-entrepreneur). 

Key insights into Aras Agalarov’s relationships and personal life:

• His son, Emin Agalarov, has collaborated with him in business and also pursued a music career.

• Agalarov’s daughter and wife are reported to hold U.S. citizenship and have ties to real-estate holdings abroad. 

• The Agalarov family maintains high visibility in Moscow and internationally, often blending business, entertainment and real estate.

Lifestyle, Assets & Interests

Beyond career success, Aras Agalarov leads a lifestyle that reflects both passion and purpose, including:

• Ownership of luxury real-estate assets abroad: e.g., a U.S. property in Alpine, New Jersey, which was sold in 2017.

• Interest in high-end development: his company’s premium estate projects include the “Agalarov Estate” near Moscow. 

• Engagement in philanthropy, culture and large-scale events: his group has supported musical venues and exhibition centres.

Net Worth Breakdown & Analysis

Evaluating Aras Agalarov’s net worth involves cross-referencing multiple sources. According to Forbes and other business outlets, estimates have ranged from about US $1.2 billion to nearly US $1.9 billion over recent years. 

While the exact breakdown is opaque, the lion’s share comes from his property development and exhibition-centre operations, with ancillary income from retail, leisure and possibly offshore holdings.

Public Image, Legacy & Influence

Aras Agalarov’s public image is that of a bridge between commerce, entertainment and politics: he has cultivated relationships with high-profile business figures, held marquee events (such as the Miss Universe pageant), and led large-scale development projects that have shaped Moscow’s landscape. At the same time, his close ties with the Russian state and high-value government contracts have attracted scrutiny and commentary on the nature of wealth and influence in post-Soviet business. 

In terms of legacy, Agalarov will be remembered as a developer who transformed zones of Moscow into luxury hubs and exhibition centres, and as a personality who straddled the worlds of real­estate, entertainment and geopolitics.

Conclusion

Aras Agalarov, born on November 8, 1955, has built a substantial business empire and amassed an estimated net worth in the ballpark of US $1.5 – 1.9 billion. His personal life — married to Irina, father to Emin and other children — blends business, culture and global connections. From his early days in Baku through the creation of Crocus Group and major Moscow developments, Agalarov’s story is one of ambition, adaptability and influence. His birthday, November 8, marks the beginning of a journey that has seen him become a key figure in Russian-Azerbaijani business circles — and his relationships, assets and ventures reflect a multifaceted legacy worth following.