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The Tsarukyans Love Their Jewelry: Wife Buys USD 1 Million In A Year

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  • The Tsarukyans Love Their Jewelry: Wife Buys USD 1 Million In A Year

    THE TSARUKYANS LOVE THEIR JEWELRY: WIFE BUYS USD 1 MILLION IN A YEAR

    Grisha Balasanyan

    11:15, April 20, 2015

    The diamond encrusted watch on Gaık Tsarukyan's wrist costs USD
    300,000.

    But this pales in comparison to the USD 500,000 diamond watch on a
    goldchain he owns...and he has two of them.

    Last, but not least, are his three rings with a combined value of
    USD 4.7 million.

    The Armenian businessman and former head of the Prosperous Armenia
    Party can afford such baubles.

    And his love of expensive items extends to furniture as well. He
    owns bedroom furniture costing 641,000 Euros and kitchen fixtures
    costing 126,820.

    Mr. Tsarukyan's wife Javahir has her fair share of bling as well.

    Take her USD 490,000 pendant, her USD 470,000 necklace, the USD 35,000
    bracelet, or the USD 25,000 earrings.

    Tsarukyan's annual salary as a member of parliament amounts to a mere
    4.5 million AMD. The rest of his income is in the form of dividends
    from various companies and interest on loans.

    Las year Tsarukyan declared cash deposits of USD 30.373 million and
    26.352 million Euros.

    Tsarukyan also lavishes his wealth on his wife. In 2011, for example,
    he gifted her close to 12 billion AMD.

    Last year Mrs. Tsarukyan decarled USD 25,700 ad 30,400 Euros in
    cash holdings.

    In addition to Mr. Tsarukyan'sholdings in several companies based
    in Armenia, he owns 90% in the Bulgarian Gorna Banya mineral water
    bottling plant and 100% in the Riga Hotel located in the Latvian
    capital.

    http://hetq.am/eng/news/59744/the-tsarukyans-love-their-jewelry-wife-buys-usd-1-million-in-a-year.html

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