Gagik Tsarukyan Net Worth, Biography, Age, Family
Gagik Tsarukyan is a prominent Armenian businessman, politician, and former athlete, widely recognized for founding the Prosperous Armenia Party and his extensive business empire, Multi Group Concern. His influence spans sports, politics, and philanthropy, notably commissioning a giant Jesus statue in Armenia.
Gagik Tsarukyan Net Worth
Approx $5 million
Quick Overview
|
Attribute |
Details |
|---|---|
|
Full Name |
Gagik Kolyayi Tsarukyan |
|
Date of Birth |
25 November 1956 |
|
Age |
68 |
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Nationality |
Armenian |
|
Ethnicity |
Armenian |
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Height |
1.75 meters (5 ft 9 in) |
|
Profession |
Businessman, Politician, Former Athlete |
|
Known For |
Founder and leader of the Prosperous Armenia political party; owner of Multi Group Concern; former world and European arm-wrestling champion; president of Armenia’s National Olympic Committee |
Early Life
Gagik Tsarukyan was born on November 25, 1956, in Armenia to Nikolay Tsarukyan, an electrical engineer and social activist, and Roza Tsarukyan, an accountant who later chaired the Prosperous Armenia Party Women’s Council. Growing up in a family with strong community ties, Tsarukyan developed an early interest in sports, particularly arm-wrestling, which laid the foundation for his competitive spirit.
Education
Specific details about Gagik Tsarukyan’s formal education are not widely documented in available sources. However, his successful career in business and politics suggests a strong foundation in practical skills and self-education, likely supplemented by mentorship and real-world experience.
Career
Gagik Tsarukyan began his career as an arm-wrestler, achieving world and European championships in the 1990s. In 1989, he founded Multi Group Concern, a conglomerate spanning various industries. He entered politics in 2002, establishing the Prosperous Armenia Party in 2004, which he has led since. Tsarukyan has also served as president of Armenia’s National Olympic Committee, shaping the country’s sports landscape.
Notable Works
• Founded Multi Group Concern (1989)
• Established Prosperous Armenia Party (2004)
• World and European arm-wrestling champion (1990s)
• Commissioned giant Jesus statue project in Armenia
Net Worth
As of January 2024, Gagik Tsarukyan’s net worth is estimated at approximately $5 million, derived from his extensive business ventures, including Multi Group Concern, and his investments in various sectors.
Family
Gagik Tsarukyan is married to Javahir Tsarukyan. His parents are Nikolay Tsarukyan, an electrical engineer and social activist, and Roza Tsarukyan, an accountant and leader in the Prosperous Armenia Party Women’s Council.
Personal Life
Gagik Tsarukyan maintains a relatively private personal life, focusing on his family and professional endeavors. His commitment to Armenian culture and national pride is evident in his public initiatives, such as the Jesus statue project, reflecting his deep-rooted values.
Philanthropy
Tsarukyan is known for his philanthropic efforts, including funding the giant Jesus statue project in Armenia, intended to become a global landmark. His contributions also extend to supporting Armenia’s National Olympic Committee and community development initiatives.
Recent Updates
As of 2025, Tsarukyan continues to lead the Prosperous Armenia Party and oversee Multi Group Concern. His Jesus statue project remains a focal point, with ongoing efforts to position it as a new wonder of the world.
Famous Quote
No widely recognized quote is directly attributed to Gagik Tsarukyan in available sources. His actions, such as leading major projects, speak louder than words.
Frequently Asked Questions
Final Words
Gagik Tsarukyan’s multifaceted career as an athlete, businessman, and politician has left an indelible mark on Armenia. From his sports triumphs to his ambitious projects like the Jesus statue, he continues to shape the nation’s cultural and political landscape.
