Education
Karapetyan graduated from the Yerevan Polytechnic Institute in 1986.
Karapetyan graduated from the Yerevan Polytechnic Institute in 1986.
He moved to Russia in the 1990s and in 1997, he became the president of the Kaluga-based Kalugaglavsnab Open Joint-Stock Company (Russian: Открытое Aкционерное Oбщество), which provides logistics services. In 1999, he established the Tashir Group. According to Forbes, his Netto worth in February 2015 was $4.0 billion.
In March 2013 Karapetyan became the richest ethnic Armenian in the world, overtaking Armenian-American businessman Kirk Kerkorian.