Caucasus: Baku Billionaire / Khazar Islands: BakuBillionaire11

NEAR SAHIL, AZERBAIJAN.  Dying palm trees are seen on site of the Khazar Islands project on July 18, 2012.  The brainchild of Ibrahim Ibrahimov, an Azerbaijani oligarch and billionaire, the artificial Khazar Islands project just southwest of the Azerbaijani capital Baku is being built at a projected cost of $100 billion with an anticipated 800,000 housing units.

NEAR SAHIL, AZERBAIJAN. Dying palm trees are seen on site of the Khazar Islands project on July 18, 2012. The brainchild of Ibrahim Ibrahimov, an Azerbaijani oligarch and billionaire, the artificial Khazar Islands project just southwest of the Azerbaijani capital Baku is being built at a projected cost of $100 billion with an anticipated 800,000 housing units.