Mila Iloria was born in the Soviet Union in a province of Komi at a Gulag settlement (based for intellectual exiles). She received a good school education (partly private). She obtained the Master of Economics Degree from Plekhanov Economic Academy, Moscow. As an exchange student she moved to Tampere University in 1998. Mila has been working in various small and stock exchange companies. After realising that money had not brought her happiness (as she used to think since she was a child), she chose to explore the world, people and herself.