Nikolai Sarkisov Net Worth: How Much Does Nikolai Sarkisov Worth? – Nikolai Sarkisov is a renowned Russian Oligarch born on 1968 in Cuba.
In this article, Nikolai Sarkisov’s net worth and how makes his wealth will be explored in this article. So continue reading to know more about him.
Nikolai Sarkisov Career
Nikolai Sarkisov begun his career journey at a very young age during the Cold War, to a father who was a high-ranking Soviet official of Armenian origin.
Nikolai Sarkisov studied at the Moscow State University of Management and later worked in foreign trade before serving two years in the KGB.
In 1991, he founded the insurance company RESO-Garantia with his older brother Sergei, which has since become the second-largest player in the insurance market in Russia.
In 2008, the insurance company Axa acquired 37% of RESO-Garantia for 810 million euros. The French and Russian groups established a joint subsidiary in life insurance, and Axa provided a $1 billion loan to the Sarkisov brothers, housed in a Cypriot holding company, which was repaid in 2012. Axa had an option to acquire the rest of the Russian company in 2010 and 2011, but it was not exercised.
From 2014 to 2019, he served as the Consul General of Armenia in Lyon. In 2019, he was relieved of his duties by Armenian Prime Minister Nikol Pashinyan following a legal investigation regarding his insurance company in Ukraine, a dispute in which the Sarkisov brothers were cleared.
In September 2023, Nikolai was probed by French authorities for money laundering alongside World Richest Man, Bernard Arnault.
The police investigated into their involvement with properties in a luxury ski resort in the French Alps that was described as a playground for the ultra-rich.
According to TheSun, Nikolai paid roughly £14 million buying fourteen properties from one vendor five years ago.
The housing units were sold in a complicated deal involving businesses from Cyprus, Luxembourg, and France.
Despite being the alleged buyer, his name does not appear on the books of the firm that purchased the property. Sarkisov’s company, La Fleche, eventually purchased three more apartments from a second corporation owned by him.
Nikolai Sarkisov Net Worth: How Much Does Nikolai Sarkisov Worth?
Nickolai Sarkisov’s net worth keeps increasing, with an estimated sum of $1.5 billion as 2023. In 2014, his fortune was projected at $1.1 billion by Forbes Magazine placing him the 1465th richest person in the world.