We are rich too

24/02/2006

The money made in the Armenian Diaspora amounts to 100 billion dollars, which is a hundred times more than the state budget of Armenia. This is the opinion of the world-famous “Forbes” magazine. Forbes has included an article on Armenian businessmen in the February release of the Russian version. What’s interesting is the money that Armenian businessmen make. For example, the annual turnout of Khachatur Sukiasyan’s “SIL” Concern is $100 million. Gagik Tsarukyan places second with his “Multi Group” – $150 million. The most profitable one is “Mika Limited”, which belongs to Mikhail Baghdasarov – $200 million (without the account at Arm Savings Bank). These numbers were stated in “Forbes” based on the information provided by the businessmen.