
Heydar Aliev Net Worth
View full profileHeydar Aliev's net worth is currently estimated at $500M in 2026.
Net Worth Over Time
Net Worth Timeline
Azerbaijan Soviet Leader Appointment
Aliyev was appointed First Secretary of the Azerbaijan Communist Party, becoming the republic's effective leader. His rise to power marked the beginning of his long dominance over Azerbaijani politics.
Promoted to Soviet Politburo
Aliyev became the first Muslim to serve in the Soviet Politburo, gaining significant national influence. This position represented the peak of his power within the Soviet system.
Dismissed from Soviet Leadership
Aliyev was removed from the Politburo during Gorbachev's reforms, ending his Soviet-era power. He returned to Azerbaijan and began positioning himself for post-Soviet politics.
Return as Azerbaijan President
Aliyev returned to power during political chaos and the Nagorno-Karabakh conflict, becoming president. His comeback stabilized Azerbaijan but consolidated authoritarian control.
Contract of Century Oil Deal
Aliyev signed the 'Contract of the Century' with Western oil companies to develop Azerbaijan's Caspian oil fields. The deal transformed Azerbaijan's economy and significantly enriched the ruling elite.
Re-election and Dynasty Building
Aliyev was re-elected president and began grooming his son Ilham as successor. His control over Azerbaijan's oil wealth and political system was absolute by this point.
Death and Dynastic Succession
Aliyev died in December 2003, and his son Ilham immediately succeeded him as president. His death marked the successful establishment of a political dynasty, though his authoritarian legacy was mixed.
Mixed Legacy in Azerbaijan
Aliyev is remembered as the founder of modern Azerbaijan who secured oil wealth but established authoritarian rule. He remains a significant historical figure in Azerbaijan and the Caucasus region, though his legacy is contested between stability and autocracy.