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 is in charge of movie theaters. Second, he began building power plants both in Russia and in Armenia. He excels in Fast Execution. In the beginning, he ran a small factory. Today, he has more than 200 companies and employs more than 45,000 employees. He is part of the Armenian Disapora, group of very successful entrepreneurs that left Armenia in search of fortunes. At home, in Armenia, he is also a very powerful man. His elder brother Karen Karapetya was Prime Minister of Armenia from 2016 to 2018. Finally, he belives in self-sufficiency. By that he believes his business and companies can withstand any change in the country and in the world.
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3 Comments
Is the Kardashian family from Armenian heritage?
Love your content My friend
Excellent piece of work !