Even by the standards of a city that celebrates extravagance, it was a spectacular shopping spree: In just two weeks an 11-year-old boy from Azerbaijan became the owner of nine waterfront mansions.
The total price tag: about $44 million -- or roughly 10,000 years' worth of salary for the average citizen of Azerbaijan. But the preteen who owns a big chunk of some of Dubai's priciest real estate seems to be anything but average.
His name, according to Dubai Land Department records, is Heydar Aliyev, which just happens to be the same name as that of the son of Azerbaijan's president, Ilham Aliyev. The owner's date of birth, listed in property records, is also the same as that of the president's son.
Monday, March 8, 2010
11-year-old buys beach front mansions worth a pricey $44,000,000
Labels: "MONEY", In the News
Subscribe to: Post Comments (Atom)
Post a Comment