Uploaded on Mar 26, 2020
In this text one can read Aras Agalarov's biography. First of all it is interesting to know the story of his success from childhood till today. Lots of facts which you didnt know before.
Aras Agalarov biography ppt
Aras Agalarov
the story of success
Aras Agalarov: basic info
Aras Agalarov is a prominent Azerbaijani-Russian
billionaire, businessman and property developer.
For the majority of people, he is known as the
owner of the Crocus group. He is also famous for
his ambitious projects such as the Trump Tower
in Moscow.
Aras Agalarov: family background and education
Aras Agalarov was born in Baku, the capital of Azerbaijan Soviet
Socialist Republic in 1955. Despite there is almost no info about his
parents and his childhood, it is a very well-known fact that Aras
was always a very active child. He was really good at sports, and at
the same time he was a rather smart one. As his teachers report,
he was a very intelligent boy and he also was a model student in
his group. In 1972 Aras Agalarov entered Baku Polytechnical
University - one of the best schools in the Soviet Union. He was
studying computer engineering for 5 years and finally, in 1977 he
graduated from his alma mater. Aras Agalarov had become a well-
educated man by the time he graduated from Baku Polytechnical
University. And he started working as a scientist.
Early careers
As it has been mentioned above, Aras Agalarov started working in a research
institute in Baku.
According to the reports of his colleagues, Aras Agalarov was a
very hardworking and ambitious employee. Moreover, he was always eager
to explore something new. And this feature eventually played a crucial role in
his career. After he had left the research institute, he entered the Academy of
Labour and Social Relations named after Shvernik and continued his
education there. In 1987 Aras Agalarov successfully completed his studies in
the Academy of Labour and Social Relations named after Shvernik. After that,
He found a new job in the Scientific Center affiliated with the All-Union
Central Council of Trade Unions. He held a post of a junior researcher in that
center. In 1989 Aras established the Crocus group and after that, in 1990 he
left the research center he had worked in before.
Mr. Agalarov and Crocus Group
In 1989 the company called "Crocus International" was
established by Aras Agalarov, In the first period of time
Crocus International was a joint Soviet-American company
that specialized in the trade. And in 1992 the company was
reorganized into a closed joint-stock company called
“Crocus Groupâ€. In the beginning, the company was
involved in organizing exhibitions in the Exhibition Center of
Achievements of the National Economy. By 1997 Crocus
Group had already owned 12 expositions including Comtec,
Netcom, CEM, World Food, Internetcom, MODA. Crocus
Group and 1998 Russian financial crisis
As everyone knows, 1998 was a hard year for Russian business. A lot of
companies were weathering the storm, a lot of companies went
bankrupt. However, the company of Aras Agalarov overcame all the
difficulties. Of course, Crocus Group lost some profit at that time. But at
least the company survived, and It can be considered as a big
achievement. In addition to it, Aras Agalarov managed to establish a new
hypermarket called “Tvoy dom†in 1998. And it played a big role in
overcoming the crisis. And in fact, it had become the most profitable
business by the end of the '90s.
Aras Agalarov and Crocus city
In 2001 Aras launched a project called “Crocus
cityâ€, in 2004 Crocus City Mall was opened, and in
2007 a huge international exhibition center Crocus
Expo was opened. Both of Crocus city projects had
been fully recouped by 2007. In 2009 In order to make
the way to the Crocus city more convenient, the
Crocus group opened the first underground station in
Russia that was privately sponsored. Crocus group was
also engaged in a lot of national projects such as the
Far East Economic Forum, FIFA World cup 2018.
In order to improve the environment in the Russian Far East, it was decided to
build a new university campus on Russkiy Island. The whole process of the
construction of Far East Federal University was led by the company of Aras
Agalarov. Furthermore, the Far East Federal University Campus is now used as
the platform for the Far East Economic Forum which is held every year in
Vladivostok. It has been mentioned Crocus Group took part in organizing the
Fifa World cup in 2018. Two stadiums in Kaliningrad and in Rostov-on-Don were
constructed by Crocus Group.
Aras Agalarov: wife and children
Mr. Agalarov and his wife Irina Agalarova have known each other since
they were primary school students. And when they both were
graduating from the university, Aras married Irina. They've gone
through all difficulties together. Their son Emin was born in 1979 in
the capital of Azerbaijan Baku. In 1983 the whole family moved to
Moscow. At the age of 13, Emin Agalarov was sent to a school in
Switzerland. In 1994 Emin Agalarov settled down in the USA, and in
1997 he finished Tenafly High School. At last, he completed his
bachelor's degree in Business Administration at Marymount
Manhattan College. In 2001 Emin returned back to Moscow and
started holding the post of commercial director of Crocus Group. Since
2014 he has been holding the post of executive vice-president of
Crocus Group.
Emin Agalarov: not only a businessman
The son of Aras Agalarov is rather talented one. He is
not only a successful business, but he is also a very
famous singer. His interest in music began when he was
a high school student. When he was back in Russia, he
started improving his vocal skills under the supervision
of Muslim Magomaev. He presented his motherland
Azerbaijan during the Eurovision 2012. But the most
remarkable moment in his career is when Emin
performed "In Another Life" in a music video with
Donald Trump and Miss Universe 2013 contestants.
Aras Agalarov: Conclusion
As we can conclude from the text above, Aras
Agalarov succeeded literally in everything:
obtained good education, made a brilliant
career, created a harmonious family.
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