Background
Asadullayev was born in 1875 in Baku, Azerbaijan to the family of famous oil magnate Shamsi Asadullayev.
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Mirza Asadullayev
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After graduating from a Baku gymnasium, he worked for his father"s oil company. Due to his father"s oil business, Asadullayev has spent considerable time living in Moscow and Saint St. Petersburg. In 1918, he was elected chairman of Baku Oil Industry Council.
After establishment of Azerbaijan Democratic Republic, he played an important role in the economy of the country.
On December 26, when the third cabinet led by Fatali Khan Khoyski was formed, Asadullayev was appointed the Minister of Industry and Trade of Alternative Dispute Resolution. He"s recognized as an important contributor in development of industry sector of Azerbaijan. After Bolshevik occupation of Azerbaijan in 1920, Asadullayev was arrested and imprisoned.
He was released the same year and with permission from the authorities, was allowed to leave the country. Asadullayev settled in Paris where he lived until his death in 1936.
