Serzh Sargsyan Net Worth

Armenian Minister of Defense

Appointed Minister of Defense during a crucial period in Armenian politics following the 1999 parliament shooting. This role positioned him as a key security figure in post-Soviet Armenia.

Prime Minister Appointment

Became Prime Minister of Armenia, setting the stage for his eventual presidency. This position gave him significant executive power and control over Armenian politics.

President of Armenia

Elected President of Armenia amid controversial circumstances and post-election protests. His presidency marked a continuation of the political establishment's grip on power.

Re-election as President

Won re-election as President, consolidating his control over Armenian politics. His second term focused on economic development and relations with Russia.

Constitutional Change to PM

Transitioned to Prime Minister after constitutional reforms that shifted power from the presidency. This move was widely seen as an attempt to maintain power, sparking public outrage.

Velvet Revolution Resignation

Forced to resign as Prime Minister after just days in office due to massive street protests. The Velvet Revolution ended his political career and marked a significant defeat for Armenia's political establishment.

Post-Political Exile

Sargsyan remains out of power and largely withdrawn from public life following his ouster. He is known in Armenia and regional politics but has faded from mainstream relevance, remembered more for his downfall than his achievements.