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Forbes: Armenian President, DM, Minister of transport in richest 10

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  • Forbes: Armenian President, DM, Minister of transport in richest 10

    Arka News Agency, Armenia
    Dec 16 2006


    FORBES: ARMENIAN PRESIDENT, DEFENSE MINISTER, MINISTER OF TRANSPORT
    IN RICHEST TEN IN ARMENIA

    YEREVAN, December 15. /ARKA-Novosti-Armenia/. Armenian President
    Robert Kocharyan, Minister of Defense Serge Sargsyan, as well as
    Minister of Transport and Communication Andranik Manugyan are among
    the ten richest people in Armenia, says an Armenian version of the
    "Forbes" magazine presented in Yerevan on Friday.
    The aforementioned people rank 7th, 8th and 9th in the list topped by
    the President of the Multy Group concern, member of the Armenian
    Parliament and Chairman of the "Prosperous Armenia" party Gagik
    Tsarukyan. Chief of the RA Customs Committee Armen Avetisyan ranks
    2nd, President of MIKA Armenia Trading Miklhail Bagdasarov 3rd, Hrant
    Vardanyan (Grand Tobacco) 4th, the Sukiasyan family (SIL concern)
    5th, Yerevan Mayor Yervand Zakharyan 6th . RA Minister of Justice
    David Harutyunyan ranks 10th I the list.
    The Forbes asked experts to compare Armenia's richest people with the
    world's tycoons. Opinions differ. Some think that the local ones are
    rich according to local criteria. One of the experts stressed that
    the financial potential of all the ten cannot compete with that of
    the wife of Moscow Mayor Yuri Luzhkov. Other experts say that the
    first two can at least compete with the world's magnates. P.T. -0--
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