Ilham Aliyev Net Worth is$500 Million
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Profession: Politician
Date of Birth: Dec 24, 1961
Country: Azerbaijan
Ilham Aliyev net worth: Ilham Aliyev is the President of Azerbaijan and has a net worth of $500 million dollars. Born in Baku, Azerbaijan SSR, Ilham Aliyev graduated from the Moscow State University of International Relations. He went on to earn his Masters there, and then completed his PhD in History. He became Vice-President of the State Oil Company of Azerbaijan in 1994. Over the course of the next few years, he was elected to the National Assembly of Azerbaijan, became President of the National Olympic Committee, and was appointed head of the Azerbaijan delegation to the Council of Europe. He was elected prime minister in August of 2003. A few months later, his father, the then current president of Azerbaijan, Ilham's father, stepped down due to ill health, and appointed his son as his replacement. Ilham Aliyev went on to win the 2003 election, amid widespread protest and allegations of voter fraud. His track record as a president has been widely frowned upon, and Azerbaijan is considered to have one of the most flawed "democratic" governments in the world. Ilham Aliyev's official Presidential salary is just $230,000 per year but thanks to the tight grip he holds on Azerbaijan's oil resources his family has prospered enormously. Ilham's son owns nine luxury mansions in Dubai worth $45 million. His daughters own an additional $30 million worth of Dubai real estate. According to Azerbaijan law, public officials can not own private businesses but that law does not apply to their children and spouses. Ilham's daughter Arzu, a television personality and model, owns millions of dollars worth of company shares and other assets such as Silk Way Bank and Sw Holding. SW Holding owns dozens of companies including the state airline and the state's official contractor.
Ilham Heydar oglu Aliyev (Azerbaijani: ??lham Heyd??r o??lu AE?liyev, born 24 December 1961, Baku) is the President of Azerbaijan, having been elected in 2003. He also functions as the Chairman of the New Azerbaijan Party and the head of the National Olympic Committee. Apart from his native Azerbaijani, he speaks Turkish, English, French and Russian. Ilham Aliyev is the son of Heydar Aliyev, who was Azerbaijan's president from 1993-2003.
In 1977 Aliyev entered the Moscow State University of International Relations (MSUIR) and in 1982 continued his education as a postgraduate. In 1985 he received a PhD degree in history. From 1985-1990 Aliyev lectured at MSUIR.
In May 1994, Ilham Aliyev was appointed vice-president of the State Oil Company of Azerbaijan (SOCAR). He participated as one of the key figures during the negotiations between Azerbaijani government and Western oil companies during the conclusion of new contracts now known as Contract of the century. The following year Aliyev was elected to the National Assembly of Azerbaijan and later became president of the National Olympic Committee (still incumbent) and head of the Azerbaijan delegation to the Council of Europe. In August 2003, two months prior to the presidential elections, he was appointed prime minister. In October, Heydar Aliyev, suffering failing health, stepped down as president. However, he maintains a large cult of personality and appointed his own son, an independent candidate, as his party's sole presidential candidate.
The official results of the October 15, 2003, elections gave victory to Ilham Aliyev, who earned 76.84% of the votes. However, the domestic opposition refused to accept the results and staged mass protests. The protests were due to alleged corruption and staging of elections.
The elections received harsh criticism from the international community, with many observers noting that they fell short of international standards and were accompanied by voter intimidation, une

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Ilham Aliyev Latest News

In oil crisis, Azerbaijan leader is hostage to father's legacy

MOSCOW (Reuters) - If Azerbaijan's leader Ilham Aliyev is to steer his oil exporting state out of its economic crisis, he will have to show a resolve not in evidence during his privileged upbringing or in the 13 years since he succeeded his father as ...
Posted: February 25, 2016, 9:53 pm

Ilham Aliyev: 30 carpet factories planned to be created in Azerbaijan

It is planned to create 30 carpet factories in Azerbaijan, President of Azerbaijan Ilham Aliyev said. The president made the remarks at a meeting with the staff of the Sumgayit Chemical Industrial Park after attending a groundbreaking ceremony for new ...
Posted: December 16, 2017, 4:12 am

Ilham Aliyev reviews overhauled Kimyachi Culture Palace in Sumgait

Azerbaijani President Ilham Aliyev reviewed the conditions created after overhaul at the Kimyachi Culture Palace of the Azerikimya Production Union of the State Oil Company (SOCAR) in Sumgait on December 15. President Aliyev got acquainted with the ...
Posted: December 15, 2017, 1:36 am
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