Armen Sarkisyan

Armen Sargsyan is the first president of Armenia, not elected by popular vote, but by parliament - the National Assembly - and representatives of local self-government bodies. According to the republican newspaper “Haykakan Zhamanak”, after coming to power, the newly elected head of state gave up his salary and decided to donate this amount to charity.

The leader of the Transcaucasian state was born in June 1953 in Yerevan. Armen received his higher education at the Faculty of Physics of Yerevan State University, where he later defended his Ph.D. in Physics and Mathematics and stayed to work. Sarkisyan's dissertation was on the topic of relativistic astrophysics.

At YSU Sargsyan was one of the founders of the department of computer modeling of complex systems of theoretical physics. According to rumors, Armen is one of the creators of the popular Tetris game.

In the early 80s he left for the UK, where he taught at the University of Cambridge for two years. Then Armen returned to his homeland, received a professor's degree and the position of head of the Department of Complex Technologies and Computer Modeling at the alma mater.

Later, Sargsyan again briefly accepted an offer from an English university, this time from the Institute of Mathematics at the University of London.

In 1999, the National Academy of Sciences of Armenia presented Sargsyan with the mantle of an honorary doctor. After Armenia gained independence, a new stage began in the biography of Armen Sargsyan - the diplomatic one. In 1992, the former teacher headed the country's embassy in the UK, after which he represented Armenia in the European Union and NATO, the Benelux countries and the Vatican.

In 1996, Levon Ter-Petrosyan was re-elected to the post of President of Armenia. He offered Sargsyan to head the Cabinet of Ministers. Armen accepted the offer, but after less than a year he resigned - the politician was diagnosed with a tumor, and he decided to devote time to treatment. As the ex-prime minister later noted, few believed that the reason for the resignation was the state of health.

During this short period, the head of the CM made efforts to turn Armenia into a "holding power". Sargsyan dreamed of opening offices of transnational corporations in his country. Particular hopes were pinned on wealthy fellow countrymen living in different countries of the world.

In 1998, the new president of Armenia, Robert Kocharian, entrusted Armen Sargsyan to represent the country's interests on the shores of Foggy Albion with the rank of special and authorized ambassador. In a London mansion at Cheniston Gardens, Sargsyan worked for 2 years, after which he left the civil service and went into business closely - he founded Eurasia House International and headed the company until 2015. In 2002, the businessman received British citizenship, which, by his own admission, he renounced after 9 years.

After a short stay in the highest echelons of power, Sargsyan has become in demand among large business structures, international public organizations. Armen served on the board of directors of the Harvard Kennedy School, co-chaired the East-West Institute NGO, founded the Eurasian Media Forum in Astana and the Global Energy Security Council held within the framework of the World Economic Forum. In addition, Sargsyan advised companies - French Alcatel, Spanish Telefonica, British British Petroleum when it bought Russian TNK.

In 2013, Sargsyan again headed the diplomatic mission in London. In March 2018, he became the only candidate from the ruling party for the post of head of Armenia. The inauguration of Serzh Sargsyan's successor took place in April at the Karen Demirchyan Sports and Concert Complex in the presence of 1,300 people. Armen received personal congratulations on his election from Queen Elizabeth II, with whom the ex-ambassador's family developed close relations.

President Sargsyan called the creation of conditions for the adaptation of Armenian citizens to the new challenges of our time as a top priority task. For this it is necessary to attract investments in education, science, culture. The country should become attractive for advanced technologies. In addition, an important issue remains the unresolved issue - the Karabakh conflict.

The day after the inauguration, Armen Sargsyan announced that he would pay his first official visit to Russia:

The President of Armenia knows his wife Nune from school, the couple studied at the university together, only the girl chose foreign languages. The family has two children - sons Hayk and Vartan. The latter is an IT entrepreneur and information technology specialist who heads Knightsbridge Cybersystems, a subsidiary of his father's Knightsbridge Group.

The holding includes 15 companies working in the energy and environmental protection, oil and gas industries, multimedia, high technology and telecommunications. The group of companies carries out projects from Europe to China.

Nune writes books for children and works for the family-owned charitable organization Yerevan My Love, which rehabilitates architectural monuments and turns them into musical, social and sports centers where children from disadvantaged families can develop their talents.

While the Sargsyans lived in London, the ambassador's wife held charity evenings and fundraising events, including with the support of Prince Charles. According to the Daily Mail, in a house in Chelsea, Nune has collected a large collection of exclusive furniture, which is produced by the son of Princess Margaret David Linley.

Armenian news portals, such as Armeniasputnik.am, provide information on the income of the Sargsyan spouses. So, in 2016, Armen declared € 5.7 million, his wife - € 780 thousand.

When in January 2018, then-President of Armenia Serzh Sargsyan, at a meeting of the Executive Body of the Republican Party, proposed the candidacy of Armen Sargsyan as a successor, rumors spread that they were related to each other. But the former and current leaders are only namesakes, and everything is explained simply. In the Armenian language, the names of politicians are spelled the same, the differences in Russian are due to the rules of transliteration.

In April 2018, a mass movement of dissatisfied with the election of former President Serzh Sargsyan to the post of Prime Minister began in Armenia. The Internet cites the words of residents of the republic, claiming that they supported the transition to a parliamentary form in order not to see Sargsyan in the political arena.

The organizer of the protest was Nikol Pashinyan, a journalist, deputy of the National Assembly and member of the Yolk bloc.

Against the background of ongoing rallies, Armen Sargsyan made an appeal to the nation, in which he expressed regret that the opposition refused to dialogue with the acting Prime Minister Karen Karapetyan, and notified that he was starting negotiations with the parliament and extra-parliamentary forces.

In addition, the head of state noted that he understands what reasons prompted the people to take to the streets: a feeling of dissatisfaction, lack of faith in the future, social problems. The President called the resignation of Serzh Sargsyan a wise act.

Order "For Merit to the Fatherland" 1st degree (Armenia) Grand Cross of the Order of St. Gregory the Great (Vatican) Order of the Armenian Apostolic Church "St. Gregory the Illuminator"

Armen Sarkisyan 's estimated Net Worth, Salary, Income, Cars, Lifestyles & many more details have been updated below.

Let's check, How Rich is Armen Sarkisyan in 2021 ?

Armen Sarkisyan Net Worth 2022

Armen Sarkisyan 's revenue is $ 1M in 2022. It is an approximate forecast of how rich is Armen Sarkisyan and could vary in the range between $ 677.7K - $ 1.4M.

Armen Sarkisyan Net Worth 2021

Armen Sarkisyan 's revenue is $1.6M in 2021. It is an approximate forecast of how rich is Armen Sarkisyan and could vary in the range between $744.6K - $2M.

Armen Sarkisyan Net Worth 2020

Armen Sarkisyan 's revenue is $1.6M in 2020. It is an approximate forecast of how rich is Armen Sarkisyan and could vary in the range between $952.4K - $1.8M.

Armen Sarkisyan Net Worth 2019

Armen Sarkisyan 's revenue is $1.3M in 2019. It is an approximate forecast of how rich is Armen Sarkisyan and could vary in the range between $682.1K - $1.7M.

Armen Sarkisyan Net Worth 2018

Armen Sarkisyan 's revenue is $1.4M in 2018. It is an approximate forecast of how rich is Armen Sarkisyan and could vary in the range between $985.1K - $1.7M.

Armen Sarkisyan Net Worth 2017

Armen Sarkisyan 's revenue is $1.1M in 2017. It is an approximate forecast of how rich is Armen Sarkisyan and could vary in the range between $743.8K - $1.1M.

Armen Sarkisyan Net Worth 2016

Armen Sarkisyan 's revenue is $1.1M in 2016. It is an approximate forecast of how rich is Armen Sarkisyan and could vary in the range between $872.3K - $1.1M.

It is an overall forecast for the net worth of Armen Sarkisyan. The evaluation covers the latest 5 years and an approximation for next year. See above to learn how much money does Armen Sarkisyan makes a year.

The range above shows an estimation based on evaluation generated by public information about sponsorships or other sources found on the internet. It's summarized data from Armen Sarkisyan's projects existing in AidWiki's repository. It's an approximation of the revenue compiled by AidWiki and may not correspond with the real amount.