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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