Building unique objects. Creating comfortable living environment.
Investing in the future!

Russian real estate moguls God Nisanov and Zarakh Iliev donate millions to covid-19 aid

23 June 2020

Russian billionaire God Nisanov has donated money, an auto center, a hotel, ambulances and more to Coronvavirus relief in Russia and Azerbaijan

As a number of the world’s billionaires have been trying to do their part to help combat the COVID-19 pandemic, Russian real estate magnates God Nisanov and Zarakh Iliev, the co-owners of Kievskaya Ploshchad Group, have also stepped up by providing crucial support to medical workers and donating millions of dollars in property, food, and supplies.

How have they gone about this? The partners own property and real estate all over Moscow, and they have been donating various locations to help medical workers who are on the front lines.

Nisanov and Iliev have provided the Moscow Radisson Hotel, with more than 400 rooms, to healthcare professionals who cannot sleep at home due to the risk of exposing their families to the virus. Workers who stay at the hotel receive two meals a day at no cost. In addition, Nisanov and Iliev have shut down the Moscow Automobile Trade Center and allowed the city to use it as a temporary medical care facility to help ease the burdens of the regular hospitals. The Central Market, a trendy food market owned by the company, has been supplying free food to personnel from two hospitals that are swamped with COVID-19 patients.

In a rare interview with Forbes, Nisanov said: “The Coronavirus pandemic has disrupted life to a surprising degree, and I see it as my duty to help ensure that our society sustains as little damage as possible. I strongly believe that, given the severity of the dangers this crisis can bring, people need to do what they can to contribute. All of humanity needs to get involved with helping one another.

Besides his humanitarian donations in Moscow, Nisanov has contributed $1.2 million to the Azerbaijan Coronavirus Relief Fund along with 10 ambulances. While he made his fortune in Russia, Nisanov originally hails from Azerbaijan and has not forgotten his roots.

Born in Krasnaya Sloboda, a Jewish area of Azerbaijan, Nisanov worked for a short time in his father’s canned food business. In 1992, he partnered with Iliev and together they created Kievskaya Ploshchad Group, which is listed in the top 100 of the Forbes list of the 200 biggest private companies in Russia.

Even as Kievskaya Ploshchad Group continued its upward trajectory of success, Nisanov has consistently supported various charities, including the construction of a cultural heritage museum in his native town.

Nisanov says that in order for aspiring entrepreneurs to succeed, it is not enough to have a solid business plan in place. They need to have ambition, intense focus, and a strong work ethic. He also says that they should not be afraid to take risks or to explore new territory. He insists that had he been afraid to take risks, he would not be in the position he is in today.

Subscribe for our weekly news