Khabib Nurmagomedov Exits All Businesses in Russia to Invest in the UAE

Владислав Вислоцкий Sports / Exclusive
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Khabib Nurmagomedov has exited all businesses in Russia to invest in the UAE

According to the publication Mash on sports, Nurmagomedov ceased to operate as an individual entrepreneur last year, settled his debts, unblocked his bank accounts, and continued to withdraw assets from Russia due to issues with tax reporting.

Since 2021, Khabib has exited the Rossi fund, as well as the charitable organization created in his name, liquidated the travel agency "Hikmit Travel" (closed in November 2022), and shut down the clothing brand "Sildi" owned by his brother. He also stepped down as a founder of the provider "First Mobile".

The Eagles fight club has been transferred to Ziyavudin Magomedov, who was convicted in 2018 for stealing 2.5 billion rubles and creating an organized crime group. The club has 16 accounts blocked, most of which are related to tax violations.

However, in the United Arab Emirates, things are going significantly better. Khabib has opened the KHABIB GYM chain, which generates up to $6 million a year, and acquired the club Gorilla FC for $1 million, renaming it EAGLE FC. Overall, his income in the Emirates amounts to about $46 million a year.
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