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Ilia Pavlov

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Adapted from the English Wikipedia article Ilia Pavlov, available under CC BY-SA 4.0Updated 11 August 2025
Iliya Pavlov
BornTemplate:Birth date
Bulgaria
DiedMarch 7, 2003(2003-03-07) (aged 42)
Occupation(s)Entrepreneur, financier, banker, philanthropist
Known forFounder and head of Multigroup consortium and G-13 alliance

Iliya Pavlov Naydenov (; August 6, 1960 – March 7, 2003) was a prominent Bulgarian entrepreneur, financier, banker, and philanthropist, widely recognized as the founder and head of the Multigroup consortium and the G-13 alliance. He developed strong connections with Bulgaria’s Committee for State Security (CSS) and assembled a business empire implicated in activities such as money laundering, extortion, and fraud. Taking advantage of Bulgaria's shift from socialism to a democratic system, Pavlov acquired numerous state-owned companies at undervalued prices during the privatization process, subsequently selling or dissolving them to generate vast wealth. In 2002, Polish publication Wprost ranked him as the eighth wealthiest individual in Central and Eastern Europe, estimating his net worth at $1.5 billion. He was married to Darina Pavlova, who inherited his assets following his death.

Death

Pavlov was fatally shot by a sniper with a single bullet to the heart outside his workplace, resulting in immediate death. The day prior to his assassination, he had provided testimony in the court case related to the killing of Andrey Lukanov, Bulgaria’s first prime minister after communism. Despite numerous theories, no arrests have been made regarding Pavlov’s murder, and the motive remains unidentified. An earlier assassination attempt occurred in 1997 when a bomb detonated under his vehicle; he was not inside at the time.

In 2010, Pavlov’s sister Slavka Naydenova and her son were killed in Dale City, Virginia. The perpetrator was a Russian-American woman linked to Naydenova’s former spouse; jealousy was cited as the reason behind the crime.

Sports career

Before his business ventures, Pavlov was a Bulgarian wrestling champion and an alumnus of Sofia’s National Sports Academy.

See also