Early Life
Samvel Karapetyan was born in Kalinino (now Tashir), Armenia, on August 18, 1965. He graduated from Yerevan Polytechnic Institute in 1986 with a degree in mechanical engineering. In the 1990s, he moved to Russia and entered the business world.
Rise to Success
Karapetyan's career began to take shape in 1997 when he became president of Kalugaglavsnab OAO, a logistics company. The year 1999 marked the establishment of the Tashir Group, which quickly expanded into a large conglomerate. The Tashir Group operates in diverse sectors, including real estate, construction, retail, and banking. Karapetyan's wealth grew significantly, and in 2013, he became the richest ethnic Armenian in the world.
Key Business Strategies
Karapetyan's business strategy involved making substantial acquisitions and investments. He focused on the real estate market in Moscow and expanded into various sectors, creating a diversified portfolio. Tashir Group has been noted for its large number of employees and subsidiaries. Karapetyan has stated that he makes all decisions himself.
Philanthropy
Samvel Karapetyan is known for his philanthropic efforts, particularly in Armenia and the Republic of Artsakh. He financed the construction of a new hospital in Stepanakert in 2013 and pledged to rebuild a maternity hospital destroyed in 2020. He has also invested in Armenia's energy sector.
