Daughter of Uzbekistan’s first president reportedly sells Beverly Hills mansion for $36mn

By bne IntelliNews February 21, 2024

Lola Karimova-Tillyaeva, daughter of Uzbekistan’s late first president Islam Karimov, has reportedly sold her Beverly Hills mansion, Le Palais, for around $36mn.

Le Palais was purchased by Karimova-Tillyaeva in 2013 for $32.75mn from real estate developer Mohammed Hadid, according to The Wall Street Journal. The seven-bedroom mansion, spanning 4,500 square metres, is located opposite the Beverly Hills Hotel and features luxurious amenities including a summer terrace, a home theatre, indoor and outdoor swimming pools and a Turkish bath.

Karimova-Tillyaeva, known in the West as “Till”, and her husband, Timur Tillyaev, previously put three homes in Hollywood up for sale in 2018. They also own real estate in France and Switzerland, while their home in Geneva is valued at $41mn.

Karimova-Tillyaeva, whose father passed away in September 2016, is the founder of Harmonist Maison de Parfum perfume company, while her husband owned the largest wholesale market in Uzbekistan, Abu Sahiy.

Related Articles

Uzbekistan’s key rate held at 14% as central bank points to fears over reacceleration of inflation

Uzbekistan's central bank on April 25 kept its benchmark interest rate on hold at 14%, pointing to risks that inflation could once more accelerate. Planned hikes of state-regulated prices for ... more

Uzbekistan can expect GDP growth of 5.2% this year and 5.4% next, says IMF

The International Monetary Fund (IMF) projects real GDP growth of 5.2% this year and 5.4% in 2025 for Uzbekistan in its newly released ... more

Tashkent Stock Exchange reports decline in 1Q24 trading volume

Tashkent Stock Exchange (TSE) has released its results for 1Q24, revealing a significant decrease in trading volume y/y. The results report, compiled by the TSE and Avesta Investment Group, ... more

Dismiss