Daughter of Uzbekistan’s First President Sells Beverly Hills Home for $36 Million

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Lola Karimova-Tillyaeva, the youngest daughter of the First President of Uzbekistan, Islam Karimov, has sold her luxurious two-story Beverly Hills mansion, Le Palais. The exact amount of the deal and the name of the new owner were not disclosed, but it’s known that the buyer paid about $36 million.

As the Wall Street Journal reports, the house, located opposite the Beverly Hills Hotel, has an area of 4,500 square meters. Karimova-Tillyaeva bought it in 2013 for $32.75 million from real estate developer, Mohammed Hadid, the father of models Bella and Gigi Hadid. Le Palais was built according to Hadid’s own plans.

The mansion has a summer terrace, a garage for 10-12 cars, separate rooms for staff accommodation, an 18-meter outdoor swimming pool, and a roof garden. For the hosts and their guests, the house has seven bedrooms, a dining room of approximately 500 square meters, a ballroom which can accomdate 200 people, a home theater, a gym, and a Turkish bath with an indoor pool.

Four years ago, Lola Karimova-Tillyaeva and her husband Timur Tillyaev put three homes up for sale in Hollywood at prices ranging between $6 million and $6.5 million. They had purchased the properties in 2014 through offshore companies for $16.1 million in total. The couple then proceeded to rent the properties out. In 2015, the American press became aware that the daughter of the Former President of Uzbekistan owned four luxury mansions in one of the most fashionable areas of Los Angeles – the neighborhood of Bel Air. As noted by the Wall Street Journal, the couple also own real estate in France and Switzerland, where their home in Geneva is valued at $41 million.

The 44-year-old youngest daughter of the late President Karimov is the founder of the Harmonist Maison de Parfum perfume company. Her husband owned the largest wholesale market in Uzbekistan,Abu Sahiy. In 2017, Mediapart published an investigation which revealed that Abu Sahiy had transferred $127 million through offshore bank accounts in the United Arab Emirates and Switzerland.

Karimova-Tillyaeva, known in the West as “Till,” served for ten years as Uzbekistan’s Ambassador to UNESCO. She is actively involved in various projects in the fields of culture, health, education, science, and the ecology. The Sen Yolg’iz Emassan (You Are Not Alone) Foundation, which she heads, conducts free surgeries for children from low-income families in Uzbekistan.

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Times of Central Asia