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Who's the Richest in Armenia's Ruling Coalition?
Let’s look at the financial situation of the leaders of the three political parties that now comprise the ruling government coalition in Armenia.
The following numbers have been taken from financial disclosures reported to the Central Electoral Commission. As to the veracity of the reports, well, I leave that to the imagination of the reader.
Serzh Sargsyan (President of Armenia and the Republican Party) – It appears that Sargsyan has no real estate holdings in Armenia. The only real estate he allegedly owns is a 96 square meter apartment in Stepanakert, Artsakh. He also owns a 1992 Mitsubishi Montero. While he reportedly owns no stocks, Sargsyan does own 8 million AMD in other assets, namely antiques and collectibles.
As to income, Serzh Sargsyan reported his annual wage as president – 3,896,800 AMD (2,045,089 after taxes). He also reported 8.740 million in bond interest.
Gagik Tsarukyan (President of Prosperous Armenian Party) - As of March 1, 2012, Tsarukyan reports financial assets of 1.161 billion AMD, $730,000 US, and 20.5 million Euros.
Artur Baghdasaryan (President Rule of Law Party) – As of March 1, 2012, Baghdasaryan reports 4,295,500 AMD in revenues. He claims not to own property and assets of more than 8 million AMD.
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