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A portrait of Ibrahim Ibrahimov, an Azerbaijani oligarch and billionaire, and an image of a digital projection of what the Khazar Islands are alleged to look like when completed between 2020 and 2025 in Ibrahimov's on-site office at the Khazar Islands project near Sahil, Azerbaijan 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.