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The beginning

Biography

From a poor stonemason of the Old City to an oil millionaire.

Гаджи Зейналабдин Тагиев
TaghiyevHaji Zeynalabdin · 1838–1924
The beginning

A stonemason of the Old City

Haji Zeynalabdin Taghiyev was born around 1838 in the Old City of Baku, into a poor family. Losing his mother early, he barely learned to read and as a small boy went to work — as a stonemason's apprentice. Diligence and grit soon told: by the age of eighteen he had become a contractor taking on building work.

But oil overturned his fate. In the 1870s Taghiyev and partners bought plots near Baku, at Bibi-Heybat. When the partners, tired of waiting, withdrew from the venture, a gusher of oil struck on his land. So the former stonemason became, in an instant, one of the richest men in Baku.

Milestones

Through a life

≈1838
Born in Baku
The future magnate is born into a poor family in Icheri Sheher, the Old City of Baku (the year of birth varies in the sources).
Youth
Stonemason and contractor
An almost illiterate boy becomes a stonemason's apprentice; by eighteen he is a building contractor.
1870s
The oil of Bibi-Heybat
He buys plots near Baku; after the partners leave, a gusher of oil strikes on his land — the beginning of his wealth.
1897
Sale to the British
He sells the oil business to an Anglo-Russian company for a sum huge for the time — about five million rubles.
Turn of the century
Industrialist
He invests in a textile mill, fisheries and Caspian shipping — becoming one of the largest entrepreneurs in the region.
1900s
Philanthropist and enlightener
Taghiyev's wealth goes more and more to schools, the water supply, the theatre and books — he becomes the chief benefactor of Azerbaijan.
Oil and business

Not only the fields

Taghiyev did not stop at oil. Having sold the oil business to the British in 1897, he invested the proceeds in the most varied enterprises: he built a large textile mill in Baku, dealt in fisheries and Caspian shipping. He was not just an oilman but one of the most far-sighted entrepreneurs in all the Caucasus.

A self-made man

Wealth and responsibility

For all his wealth, Taghiyev remained a man of the people: illiterate, he kept all his life a respect for the knowledge of which he himself had been deprived. It was this feeling — that a fortune must be returned to the people — that made him not just a millionaire but a legend.

He received no education himself — and so all his life he gave it to others.
On the biography