Ziyavudin Magomedov in terms of wealth for 2017 was 63rd in the list of richest Russian managers. His arrest was a sensation, as were the charges against him. Where is Magomedov now, how is the investigation going on in his case?
The manager, owner of several large companies, cousin of the famous Russian politician and businessman Bilalov was arrested in 2018. And only after that the public had questions for this person. How did a native of an ordinary Dagestan family achieve such heights in business? What is he accused of? What news is there in the Magomedov case today?
Biography of Ziyavudin Magomedov
Ziyavudin Magomedov is a native of Dagestan. He was born into the family of a surgeon and teacher, Avars by nationality, in late September 1968. In addition to him, his parents had four more children.
At school, the boy was no different from classmates. The family was dominated by national priorities, but in addition to power, "honor" was knowledge. Ziyavudin studied well, did not have time in only one subject - the guy was hard at learning English, but he also coped with this problem.
The young man began to earn money while still in high school. He did not ask for money from his parents from the 9th grade; he earned it at the Makhachkala Radio Plant. Having received a certificate of secondary education, and with good grades, Magomedov went to Moscow. There already lived and studied at that time his older brother. Like him, Ziyavudin entered the Lomonosov Moscow State University, at the Faculty of Economics. Unlike other representatives of the Caucasus, the Magomedov brothers lived in a hostel, and did not rent an apartment. The guys were never "major", they paid a lot of attention to study, but they did not refuse simple student fun.
Career of Ziyavudin Magomedov
In 1993, Ziyavudin Gadzhievich graduated from high school. But his career as an entrepreneur began a couple of years earlier. Parents helped students, but to take money from their father and mother for food, young people considered the clothes wrong, tried to find other sources of income. The first steps in this area were the sale of computers and computer components. It was this direction that brought Magomedov his first million.
13 years after graduation, Ziyavudin headed the board of directors of a group of companies called Summa, which was engaged in logistics and construction in the oil and gas industry. The company's assets included sea trading ports, transport groups, telecommunications associations and other stable business areas.
Ziyavudin Magomedov and his companies were engaged in the reconstruction of the Bolshoi Theater, the entrepreneur opened a charity fund at his own expense, in 2013 he joined the board of trustees of the largest Russian expert and analytical center “Valdai”.
The state of Ziyavudin Magomedov
Ziyavudin Hajiyevich himself claimed that even he himself was unable to calculate his condition. The billionaire assured that all earned funds are constantly in circulation. But financial analysts were able to determine the size of his condition, make a list of movable and immovable property of a businessman.
According to official data and declarations, Magomedov became a billionaire back in the 2000s. In 2011, he was already on the list of the richest people in the Russian Federation, and at that time took 88th place in this list.
In 2017, just a year before his arrest, he climbed to 63rd place. In addition to financial assets, Ziyavudin has a luxurious mansion in England, but he owns it on an equal footing with his brother. In the capital of the Russian Federation, he has several real estate objects, as well as in his homeland - in Makhachkala. There is no free access to information about cars, but Magomedov’s availability of a luxury yacht was confirmed both by documents and by the entrepreneur himself in an interview.
For flights for business and personal needs, a billionaire uses his own plane, but it is registered as an administrative one, that is, it is listed in the company's assets.
After the arrest of Magomedov, it turned out that in addition to a major fortune, he also has debts. For example, the founder of one of the largest Russian telecommunications companies withdrew from the debt from Ziyavudin Magomedov a fuel and energy company in Yakutia.
Personal life of Ziyavudin Magomedov
The businessman is married, he has three children. Olga Magomedov met his future wife even when he studied at Moscow State University. We can safely say that they came to success in entrepreneurship together. Olga Magomedova always only dealt with children and the house, she devoted herself entirely to caring for her husband. His development, ensuring a "reliable rear", but after the arrest of her husband, she unexpectedly filed for divorce. Experts are sure that this decision was joint, such a decisive step was needed in order to protect at least part of the state of the billionaire from confiscation.
The children of the Magomedovs were born with a difference of about 5 years, all three of them - in 1999 the eldest daughter was born, in 2005 - the first son, in 2010 the second. In public with her mother, a lover of social events, the children never appeared. Their photos in the public domain are almost impossible to find.
