Sergei Sarkisov Net Worth

Table: Sergei Sarkisov’s Profile

Category Information
Net Worth $1.2 billion
Salary N/A
Birthdate N/A
Birthplace N/A
Gender Male
Height N/A
Profession Businessman
Nationality Russian

What is Sergei Sarkisov’s Net Worth?

Sergei Sarkisov, a prominent Russian businessman, boasts a remarkable net worth of $1.2 billion. As the founder and chairman of the Board of RESO-Garantiya, a universally recognized insurance company, he has played a pivotal role in transforming it into one of the most successful enterprises in the Russian market.

Highlights

  • Sergei Sarkisov has a net worth estimated at $1.2 billion.
  • He is the founder and chairman of RESO-Garantiya, a leading insurance company.
  • Sarkisov sold a 37% stake in RESO to AXA for $1.2 billion, a record sum for a Russian insurer.
  • He acquired a 25% stake in Insurance House VSK and plans to merge it with Soglasie.
  • Sarkisov is one of the largest shareholders in the company.

Early Life

Unfortunately, specific details about Sergei Sarkisov’s birthdate and birthplace are not readily available. However, it is commonly known that he hails from Russia and is of Russian nationality.

Career

Sergei Sarkisov kickstarted his career by getting involved with the Soviet state insurance firm, Ingosstrakh. Inspired by his entrepreneurial spirit, he ventured into the insurance business and founded his own company, RESO-Garantiya, in 1991. Since its inception, RESO-Garantiya has experienced exceptional growth and has become one of the most renowned insurance firms in Russia.

In 2007, Sarkisov made headlines by selling a significant 37% stake in RESO-Garantiya to AXA, a prominent French insurance giant, for a staggering $1.2 billion. This transaction marked a milestone as it set a record sum for any Russian insurer. Sarkisov continued his success story in the insurance industry by acquiring a 25% stake in Insurance House VSK, the sixth largest insurer in Russia. Furthermore, he expressed intentions to merge Insurance House VSK with Soglasie, the seventh largest insurer, solidifying his presence in the market. Alongside his brother, who manages the company’s major clients, Sarkisov also stands as the largest shareholder in RESO-Garantiya.

Personal Life

Regrettably, information regarding Sergei Sarkisov’s personal life, including his birthdate and birthplace, remains undisclosed in public sources.

Net Worth Over Time

Sergei Sarkisov’s net worth has witnessed a remarkable trajectory over the years. Starting from humble beginnings at Ingosstrakh, he embarked on a successful entrepreneurial journey with the establishment of RESO-Garantiya. The sale of a 37% stake in the company to AXA for $1.2 billion catapulted his wealth to new heights. With his strategic investments in Insurance House VSK and plans to merge it with Soglasie, his net worth is expected to grow even further, solidifying his position as a prominent figure in the insurance industry.

Components of Net Worth

Sarkisov’s net worth comprises diverse assets, including his ownership stake in RESO-Garantiya, the sixth and seventh largest insurers in Russia (Insurance House VSK and Soglasie), and potentially other investments and assets. These components contribute significantly to his substantial net worth of $1.2 billion.

Note: All net worth figures mentioned in this article are based on publicly available information and are subject to change. The estimates provided are only approximations.

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