Author: #SecretsSelfmadeBillionaires by Paul Chan

Samvel Karapetyan Started Small. He started with a single small factory or cooperative in Armenia. He moved from small to large, from the peripheral to the center twice. His first move was from Tashir, Armenia to Kaluga, Russia in 1992. His second move was from Kaluga to Moscow in 1999. Finally, he is in the capital of the Russian Empire. His move to Kaluga was motivated by search for growth opportunity he could not realize in Armenia He became the Shopping Mall King of Russia after building 28 shopping malls. He began to diversify in 2 ways. First, his daughter…