DUBAI, United Arab Emirates — Even by the standards of a city that celebrates extravagance, it was a spectacular shopping spree: In just two weeks last year, 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 seems to be anything but average.
His name, according to Dubai Land Department records, is Heydar Aliyev, which happens to be the name of the son of Azerbaijan’s president, Ilham Aliyev. The owner’s date of birth, listed in property records, is also the same as the son’s. [Read More]
