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Vahe Hakobyan - 2nd Richest Armenian Mp After Gagik Tsarukyan

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  • Vahe Hakobyan - 2nd Richest Armenian Mp After Gagik Tsarukyan

    VAHE HAKOBYAN - 2ND RICHEST ARMENIAN MP AFTER GAGIK TSARUKYAN
    Grisha Balasanyan

    hetq
    15:09, July 17, 2012

    Republican Party MP Vahe Hakobyan only trails Prosperous Armenia
    Party leader Gagik Tsarukyan in terms personal wealth in Armenia's
    legislature.

    Vahe, the son of Zangezur Copper Molybdenum Combine Director General
    Maksim Hakobyan, is only 35 year-old but is well on the way to
    financial success.

    In 2011, Vahe Hakobyan declared 875.9 million AMD in revenues of
    which only 3.1 million was his salary as a legislator.

    At the end of 2011, his cash holding amounted to 1.4 billion AMD.

    Hakobyan owns shares in a number of companies including Armenia
    Molybden and Niash.

    He declared a whopping 1.6 billion in revenues in 2009 and 906 million
    in 2010.

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