Seven Armenian businessmen ranked among 500 Russian billionaires

YEREVAN, February 22. /ARKA/. Seven entrepreneurs of Armenian descent have been included in Russian Finance Magazine’s list of 500 billionaires. This is the magazine’s fifth ranking.

Rosgostrakh Group President Daniil Khachaturov born in 1971 with his assets estimated at $2.8 billion (68.6 billion Russian rubles) is placed 51st in the magazine’s ranking list.

According to the magazine, Khachaturov created his business from zero. He does his business in finance, development, construction and real estate.

Nikolay Sarkisov (born in 1959), the co-owner of the Reso-Garantiya Company and the Decra Developer climbed from the 144th up to the 70th place in one year only. According to the magazine, he started his business from zero to make a fortune of $1.65bln (40.4bln rubles).
He works in the spheres of finances, development, construction and real estate.
Rouben Vardanyan (born in 1968) is CEO of the Troyka Dialogue Investment Group. With his $1.5bln he climbed down 16 points to position himself in the 19th place among Russian billionaires. The magazine says he established his business from zero and works in the sphere of finances.

Tigran Nersissyan, the co-owner of the Borodino Group (development, retail trade, food products) (born in 1966) retreated by 12 points during a year and is the 120th Russian billionaire now with a fortune estimated at $0.8bln (19.6bln roubles). The magazine says he, too, started a business from zero.
Nersissyan is engaged in the spheres of development, construction, real estate, as well as food production, retail trade and restaurants.

The 336th Russian billionaire is Daniil Khachaturov’s brother Sergey Khachaturov, the Rus-bank co-owner. He works in the sphere of finances and started from zero to make a fortune of $0.25bln (6.1bln roubles).

Igor Avanessyan (born in 1953), co-owner and Board of Directors member of the Ak Bars Bank is the 34th on the ranking list. He started his business through privatization and is engaged in the sphere of finances. His fortune is estimated at $0.24bln (5.9bln roubles).

The list of Russia’s richest men tops Oleg Deripaska, the owner of the Basic Element Holding who holds $40bln (980bln roubles) with Roman Abramovich, the owner of the Chelsea FC, lagging on $23bln (563.5bln roubles).

Boris Berezovsky, the ex-owner of Sibneft, Public Television Company of Russia, and Aeroflot, lost 31 points and was ranked the 8th with $1.3bln (31.9bln roubles).

In conclusion the magazine says if the global economy survives the current problems or at least if the problems bypass Russian stock market more dollar billionaires and more developers are sure to appear next year.
Finance Magazine was first published on March 3, 2003. N.H. --0--