Extensive reporting is required to ensure the most accurate possible information is provided for each candidate for the Wealthiest list.A lengthy process then takes place to determine which billionaires qualify for the list and to see where exactly they rank in the top 50.Some of that information is supplied directly by the individuals or members of their teams. "We're very diverse, from the poorest in the city to the richest; some are professionals and some are newly arrived with . In 1924 the Varoujan Club was founded by 20 young Armenians to organize Armenian cultural and social events. Despite all the distractions in the modern society it is incredible how people, Read More The 10 Best-Selling Fiction Books of All-TimeContinue, Grand Theft Auto is a long standing video game series, created by Rockstar North and published by Rockstar Games. 3 on this years list with $14.2 billion, while veteran technology entrepreneur John Tu ranks No. [8] By 2004 over 33% of the Glendale district students were Armenian. [8] Some Los Angeles-area Armenian leaders believed that increased settlement in the United States would dilute the Armenian presence in the Soviet Union and area around Armenia, and therefore felt ambivalence. 5. [2], The Organization of Istanbul Armenians Los Angeles (Armenian: ), headquartered in a two-story building in Winnetka in the San Fernando Valley region of Los Angeles, has a membership of over 1,000 ethnic Armenians who had origins in Turkey. According to the most recent census data, Bel Air looks to be the richest Los Angeles neighborhood to live in. These institutions include businesses, restaurants, Armenian food stores, voluntary associations, clubs, radio programs, newspapers, television programs, nursing homes, churches, and Armenian American schools. Food businesses have also adapted to the particularly fusion-rich cuisine of Southern California, making sure Sriracha hot sauce is available on every table and infusing piroshkis with al pastor, a dish from Mexico influenced by the shawarma meat brought to the country by Lebanese immigrants. "[2] Since 1965 and as of 1993, the majority of immigration of ethnic Armenians from Iran or the former Soviet Union have gone to the Los Angeles area. I mean its a range of other asset opportunities because were doing commercial real estate loans, were managing their investments and doing estate planning. [4] Most of the early Armenian settlers in Los Angeles were from Western Armenia- a territory located in modern-day eastern Turkey. As the Armenian population in Anatolia was essentially destroyed during the genocide, its cuisine was absorbed into the newly formed Republic of Turkey (where dishes retained Turkish names), and was carried across the world by immigrants, often refugees, who helped preserve and pass down these traditions to the next generation. 323-549-5225, Los Angeles Business Journal | Website by Web Publisher PRO, 7 Leases Signed for San Pedros West Harbor, SpaceX Delivers NASA Supplies to Space Station, Avenda Health Oncology Platform Receives FDA Clearance, Women of Influence: 2023 Construction, Engineering & Architecture Yolanda Andas, Women of Influence: 2023 Construction, Engineering & Architecture Cassy Aoyagi, Women of Influence: 2023 Construction, Engineering & Architecture Maria Blair, Women of Influence: 2023 Construction, Engineering & Architecture Elizabeth Brink, Women of Influence: 2023 Construction, Engineering & Architecture Adaeze Cadet. With Telsa, Musk is helping to transform the automotive industry by introducing fully -electric vehicles into a market that has traditionally been dominated by gas-guzzling, CO2 pumping, environmental disasters. Tamara Hughes Gustavson. All Rights Reserved. [48] The charges were racketeering and fraud. Surely, the above-mentioned people arent the only richest Armenians in the world. Instead, Russia has made clear to Armenians that their "Western ways" democracy and an open, free society . Those who escaped and survived the atrocity found safety across the Middle East in places like Lebanon, Syria, Iran, and Iraq, as well as France, Cyprus, and even Ethiopia. You may also like to read one of our articles related to this great ArmenianRuben Vardanyan. and North Hollywood. Christmas in January for Armenians: Religion: Karekin II, based in Beirut, officiates at ceremony at a congregation in Encino. The list includes the names of five Armenians, including Armenian American Kirk Kerkorian in 393 rd place ($4.2 billion dollars), businessman Samvel Karapetyan in 418 th place ($4 billion dollars), Danil Khachaturov in 1,190 th place ($1.6 billion dollars), Sergey Galitsky (Harutyunyan) in 162 nd place ($8.3 billion dollars) and Argentinean . He is the third highest-paid Armenian. Tashir Group includes 200 agencies, especially in the economic sphere. Art + Media Bro(ad). With a net worth of $19.5 billion, the CEO and Chairman of Telsa currently ranks #1 on Forbes list of Innovative leaders, #40 on Billionaires 2019, #24 on Forbes 400, #25 on Powerful People, and #12 Richest in Tech. In 1966, he was named the president and CEO of his fathers business, Hilton Hotels. How Pamela Anderson Achieved a Net Worth of $20 Million. Net worth: $7.62 billion 1 for the past four years. What an Armenian from Armenia considers to be native cuisine isnt exactly what an Armenian from Jordan might classify as Armenian food. The PK-12 Armenian Mesrobian School is located in Pico Rivera, serving the Armenian community east of Downtown Los Angeles.[41]. For the failing Ottoman Empire, WWI presented an opportunity to resolve through deportations and massacres what was known as the Armenian Question.. Theyre not just coming in for mortgages. Youre more than welcome.. After launching his own airline business in his 20s, he realized the quickest way to success (and wealth) was in leasing planes to other airlines. In 1957, Eli Broad took his first major leap in business with the creation of Kaufman & Broad. As of the 1990 U.S. Census, there were 115,000 Armenians in the Los Angeles region, making up 37% of the total number of Armenians in the country. Yeretzian, Aram Serkis. Nowhere is this more apparent than in their cuisine, and in no American city is this better reflected than Los Angeles. [5] In 1988, Mark Arax and Esther Schrader wrote that Hollywood "has become something of a port of entry for the Soviet refugees. You can find communities where their wealth is growing faster, but its a fraction of the size of L.A. and the greater L.A. area.The new No. Steven Udvar-Hazy - Net Worth: $4 Billion Hungarian businessman Steven Udvar-Hazy comes in next with a net worth of $4 billion. With a fortune of $2.7 billion, Sean Parker ranks as the 9th richest person in LA. Lives in Holmby Hills. [8] Historically many of the Glendale Armenians were from Iran. According to the complaint, the house was bought for $14.4m in 2011 by a trust on behalf of Khachatryan and his two sons, who are all facing criminal charges in Armenia. David Geffen Net Worth: $7.8 billion, 2. Hear more about Persian-Armenian cuisine in L.A. All of these components make up part of the modern Armenian food lexicon. The Burbank/Glendale, East Hollywood, Montebello, and Pasadena areas are the primary settlement points of Armenians, according to the 1980 U.S. Census; as of that census, Armenians in the areas together made up 90% of Armenians in Los Angeles County. Several Armenian voluntary associations had been established in Los Angeles by 1923.[3]. The other Armenian billionaires are Samvel Karapetyan (345th), Danil Khachaturov (663rd), Eduardo Eurnekian (931st) and Sergei Sarkisov and Nikolai Sarkisov (both ranked1465th), reports Armradio.am . As the declining Ottoman Empire entered World War I on the side of Germany, the Turks feared that the Armenians, a Christian minority, were sympathetic to their main enemy, Russia. Sergey Sarkisov is a businessperson working in Russian Federation. "Middle Easterners: A New Kind of Immigrant" (Chapter 12). Der-Martirosian, Sabagh, and Bozorgmehr wrote that "Although women, generally, had a lower educational achievement than did men, internal differences among subgroups were comparable to those of the Armenian men. Steven Udvar-Hazy Net Worth: $4 Billion, 6. As descendants of the Hittites, an ancient Anatolian civilization who perfected the art of making bulgur thousands of years ago, Armenians may very well be one of the original propagators of cracked wheat a major component of the cuisine that shows up in appetizers and soups today. The complaint states that the US government is seeking the forfeiture of the 33,652 sq foot (3,126 sq meter) mansion, located in Holmby Hills, because it was allegedly bought illegally with bribe money paid by an Armenian businessman to Gagik Khachatryan, a former high ranking Armenian politician. [5] Circa 1923 there were an estimated 2,500 to 3,000 Armenians in the city. [Photo: Getty Images], Armenians are indigenous to what is known as the Armenian highlands, which includes parts of Iran, Georgia, Azerbaijan and present-day Armenia. The years of actuality - 1980 - present day. Keep reading the 2021 Wealthiest Angelenos special edition. In these neighborhoods, an Armenian can live a very active social and occupational life and receive many services without speaking a word of English and interacting only with Armenians. As of 1980, almost no U.S.-born Armenian men, and fewer of one out of ten Armenian-born Armenians and Iranian Armenians had low levels of education; these groups had the highest modal education category, with men achieving university degrees and women not having university degrees. Lives in Brentwood. Armenian youth demonstrates in front of Foreign Ministry in Paris to demand opening of Lachin corridor 20:45 9 people were publicly flogged for various crimes in southern Afghanistan 20:17 Lavrov speaks on need to unblock Lachin corridor as soon as possible 20:16 China's population to shrink in 2022 for 1st time in 60 years 20:07 Azerbaijan seeks to force the population of Karabakh to leave . 1974, This page was last edited on 19 November 2022, at 07:28. The US government contends that wealthy and influential businessman Sedrak Arustamyan, who also is charged in Armenia, paid Khachatryan and his family more than $20m in bribes in exchange for favorable tax treatment of his businesses, and that some of that money went into buying the Holmby Hills estate. His wealth is estimated at $6.4 billion. [34], As of 1994 there are Armenians in the area who are members of the Orthodox and Catholic branches of Armenian Christianity. "Samvel Karapetyan heads the Tashir Group, a real estate firm that . In a two-week span the petition got over 1,600 signatures and the Facebook page got almost 6,000 likes. Some find her wrestling career controversial due to her youth when she first entered the ring at age 13, but, Read More How Paige Achieved a Net Worth of $3.5 MillionContinue, Not only has the recent controversy over Targets transgender bathroom policy taken over the news, but it has has divided the nation and resulted in plenty of backlash, including plans by some individuals to boycott, Read More These Companies Are Guilty of Major Discriminatory PoliciesContinue, Since its foundation in 1984, Advent International has grown into one of the largest global private equity investors in the world. Tawainese Tech Bro. It is the Tashir city of the Lori region. Eating has become a ritual, a place to keep memories, identity, and tradition alive. These Los Angeles-area Armenian day schools are the majority of Armenian day schools in the United States. There are various social activities to attend for the Armenian community every day. The organization sponsors Doner Night. Karapetyans fortune is $3.7 billion. In their host countries, Armenians thrived, assimilating yet also keeping their traditions, culture, and Christian religion alive. He owns the Royal Adelphi Hotel of London in Central London. Aram Yeretzian's 1923 University of Southern California study found that there were around 2,500 to 3,000 Armenians in the city of Los Angeles. 9. What Does Leonardo DiCaprio Do For Charity? Sergey does not speak Armenian because he matured in Russia. Were doing multiple things for them.Had Musk not bolted to Texas, this years Wealthiest Angelenos list could have reached $424.9 billion assuming Musks current $177 billion net worth estimate by Forbes is accurate a 72% increase from last years $288 billion total for the list.Despite the year-over-year decline in this years list, the price of admission in the 2021 edition is up. Fiji Water Bro and Wife. To date, its invested over 345 private equity transactions in 41 countries, while according, Read More 20 Things You Didnt Know about Advent InternationalContinue, Headquartered in San Francisco, cloud computing services provider Fastly aims to empower businesses with its edge cloud platform, delivering fast, secure, scalable sites and apps to end-users. Parker, meanwhile, saw his fortune climb over the past year. On February 23, 2007, Los Angeles became the sister city of Yerevan, the capital of Armenia. Once Kirk Kerkorian's fortune was estimated at $ 3.3 billion by Forbes. Yeretzian stated that the second Armenian was a vendor of Oriental rugs. [44], Events memorializing the Armenian genocide are held in the Los Angeles area. Net worth: $6.9 billion Critics of the show started a Facebook page called "Stop Glendale Life Show" and a change.org petition. all think the same way or walk in lock step," Najarian said. The bulk of Hiltons personal wealth comes from the $800 million he secured in 2007 when the hotel chain was sold to the private equity firm Blackstone for $26 billion. Many of the survivors fled to Syria (at the point o. You are here : randa rosanne yeuell black ops 2 worst ending pixeljunk monsters 2 mana tower richest armenians in los angeles. ], Another wave of immigration to Los Angeles occurred in the 1940s. "Mashdots leader to lead visit to Western Armenia. If you check the record of Forbes billionaires, you may see that he takes 613th place, while in 200 Russian businessmens record, he takes the 40th place. 10. How Paige Achieved a Net Worth of $3.5 Million, These Companies Are Guilty of Major Discriminatory Policies, 20 Things You Didnt Know about Advent International. [23] By 2000 Glendale had the largest Armenian population outside of Yerevan. [5] In the Glendale Unified School District, by 1988 Armenians along with students from the Middle East had become the largest ethnic group in the public schools, having a larger number than the Latinos. The Richest Armenian #11 Andrey Andreev Andrey Andreev (Andrey Henrikhovich Ohanjanyan), is a Russian Armenian living in the UK. 5 spot on this years list.Eli Broads philanthropic legacy will live on thanks largely to the foundation that he and Edythe established with a $2 billion endowment.Rounding out the top 10 on this years Wealthiest list are real estate developer Edward Roski Jr. at No. The 1980 self-employment rate of Armenians in total was 18%. [14], By the 1980 U.S. Census, there were 52,400 Armenians in Los Angeles. And that my friend, is more 0s than most of us will see in our bank account for a long, long time -- if we ever get that lucky. The tech-heavy Nasdaq exchange rose roughly 41% between August 2020 and the same month this year, while the Dow Jones Industrial Average rose 32.8% and the S&P 500 climbed 35.1%Among the newcomers on this years list are Clearlake Capital Group co-founders Behdad Eghbali and Jos Feliciano, tied for No. dez 17, 2021; actfl standards 2020; Because the company is owned by the Turkish government, which Armenians hold responsible for the unacknowledged 1915 genocide, Armenians in the Los Angeles area and US protested, asking him to give up the contract.[10]. However, he was not particularly interested in the oil business, so the entrepreneur moved into the security industry. [2] He argued that many of the poor are not familiar with American customs and are uneducated, this therefore "risks increasing prejudice and discrimination against group members. Lives in Bel Air. The Lebanese Civil War beginning in 1975 resulted in Lebanese Armenians immigrating here. He is the president of Krasnodar FC and also the founder of Russia's largest retailer Magnit company. The Richest Neighborhood in Los Angeles: Bel Air, $183,950. They took their foodways with them, adding to and being heavily influenced by the cuisine of their new homes as they opened restaurants, delis, and bakeries in Beirut, Aleppo, and Tehran. Hear our news on-air at our partner site: This is an archival story that predates current editorial management. As of 1990 this single area holds the largest population of Armenians in the world outside of Armenia.[1]. [15], Of these Armenians, foreign-born made up more than twice the number of native-born: 14,700 were born in the United States and 37,700 were born outside of the United States. Armenians in Los Angeles do not have work holidays on the Eastern dates. Eduardo was born in a family of Armenian migrants in Argentina. Armenia-born Armenians had an 11% self-employment rate. David Geffen 5. [36], The majority of Armenian churches established in Los Angeles by 1993 had been established after World War II. Vardanyan and his family make large investments in the educational sphere. Oleg Mkrtchyan is a big fan of football. This is a great gift for a graduate or anyone who seems baffled by the world of finance and a wonderful, refreshing read for even the most experienced investor."-- Los Angeles Times "I first read The Richest Man in Babylon many years ago. Books have always been a significant part of our lives. This historical homeland also encompassed parts of modern-day Turkey. The Armenian table, laden with food, has certainly played a big role in keeping Armenians together. He also owns majority interests in the Los Angeles Kings, the Los Angeles Lakers, and Silverton Las Vegas Stadium. A car adorned with Armenian flags passes a Hollywood themed mural on Hollywood Boulevard near a rally on the 99th anniversary of the Armenian Genocide, calling for recognition and reparations. Founder and CEO of Magnit, Russia's biggest supermarket . Contact Send Us a Tip Community Guidelines Masthead. Eli Broad. 11:40, 21.03.2016. Currently, it will be difficult to find a country where there isnt any rich Armenian. Thank you for investing in your neighborhood. He is also the person who founded "MagicLab", "Mamba", etc. Armenians in the Ottoman Empire were the frequent targets of severe oppression culminating in the first genocide of the 20th century. ", AGBU Vatche and Tamar Manoukian High School, Christmas under the Eastern Christianity dates, http://www.hayk.net/destinations/pasadena-ca/. The Los Angeles Business Journal published its annual list of the richest Angelenos, but the article is hidden behind a paywall so we common plebs can't see it. Itll come as little surprise to learn that of all the wealthy people in LA, Elon Musk is the richest. He is one of the most affluent Armenians in Russia. Butcher Harry Tashyans Hollywood deli shop, Sahags Basturma, has been carrying on his familys centuries-old craft work of making basturma an Anatolian cured meat. About. Now I'll tell you about it. A bilingual English-Armenian telephone directory listing businesses and residences began publication in 1980. "Subethnicity: Armenians in Los Angeles" (Chapter 11). Justin Timberlake in Social Network Bro. He is an affluent Armenians in the world. An Armenian genocide memorial opened in Grand Park in September 2016. [7], In 1988, up to 3,000 Iranian Armenians were scheduled to arrive in the Los Angeles area. The Rose and Alex Pilibos Armenian School and the TCA Arshag Dickranian Armenian School are located in Little Armenia in Hollywood. Other projects include Plaxo, a social networking service, Spotify, and Brigade Media. Live in Beverly Hills. Last year, the entry point for the top 50 was $1.2 billion. [18], The Little Armenia in Hollywood historically had Armenians from Armenia. Some experts fear new ethnic divisions. Data is also collected through public filings and documents, as well as through conversations with experts in relevant fields.The Business Journals calculations for the list are based on a range of factors, including each billionaires holdings in stocks, bonds, private equity, venture capital, real estate, art and more.All members of the Wealthiest Angelenos list must reside in Los Angeles County. Can a Volcanic Eruption Occur in Los Angeles? Danil Khachaturov is the former CEO and co-owner of the company Rosgosstrakh. The fantastic thing is that the title given to his company Tashir is the name of his birthplace. LAist is part of Southern California Public Radio (SCPR), a member-supported public media network. Live in Beverly Hills. Can I sit here? one asks. As of that year, 32% of U.S.-born Armenian and Iranian-born Armenian men worked as executives and professionals, and about 33% of the same group worked as craftsmen and operators. The sprawling estate was bought by Armenian Super Minister Gagik Khachatryan with bribes paid by a businessman, FBI says. "[27] In addition, this group had arrived with no or very little capital and the members were not permitted to take money out of the former Soviet Union. During his tenure, Hilton was responsible for introducing gambling in the hotels portfolio, making the Hilton the first NYSE-traded company to enter the casino gaming industry. With turbulent situations in Lebanon, Egypt and Iran during the 1970s, many Armenians came to the U.S. via family reunification channels. In addition to being very rich, lucky, and fortunate, he also does charity work. Currently, Samvel owns Tashir Group is the most extended association in the territory of Armenia and the Russian Federation. The listing agent behind the property is reportedly still looking for a buyer. 7. [8], In 2014, USArmenia TV began airing Glendale Life, a reality TV show about Armenians in Glendale. Los Angeles is now home to the largest Armenian population in the U.S., and the second largest in the world next to Moscow. Geffens contribution to the entertainment industry has been recognized on numerous occasions over the years, not least by the Presidents Merit Award for indelible contribution to the music industry he received at the Pre-GRAMMY Gala And Grammy Salute To Industry Icons in 2011. . [23] In 2016 it also began having no school on April 24, known as the anniversary of the start of the Armenian genocide (Red Sunday); it was the first American school district to do this. 11150 Santa Monica Boulevard, Suite 350 [3] By the mid-1920s more Armenians were settling in the Pasadena area. The towns new No. He regularly sponsors the leading US lobbying groups. Show us your best photos of food and culture in the neighborhood. Kachaturovs initial capital was formed while working at the company Slavneft (). Jason Wells and Veronica Rocha of the Glendale News-Press wrote that in Glendale, as a result of the 2011 arrests, "news of the arrests raised fears of what seems to be the inevitable: a rush by a vocal few to reinforce stereotypes. Sergey is the person who established the well-known Russian organization RESO-Garantia. After launching his own airline business in his 20s, he realized the quickest way to success (and wealth) was in leasing planes to other airlines. Ruben Vardanyan - who is a business person as well as humanitarian, makes a great contribution to the growth of Armenia. The Los Angeles Basin - A Huge Bowl of Sand, Postal Zip Code Look-up for Los Angeles County, Court & Vital Records from Orange County, CA. [15], As of 1993, within the United States, the Los Angeles metropolitan area has the highest concentration of Armenian institutions and cultural programs. Daughter of the Bro who founded Public Storage. The 2015 Armenian March for Justice saw over 130,000 people march from the Little Armenia neighborhood of Hollywood to the Turkish Consulate of Los Angeles to demand recognition and justice for the Armenian genocide on the centennial anniversary of the tragedy. Eduardo Ernekian is a rich man (with $1.9 billion) who lives in South America. ", Talai, Vered Amit. The Montebello Genocide Memorial is located in Montebello. Thanks to Manukyan's funding, four schools, and numerous churches and monasteries have been restored and improved. The location of the country, too, made it a perfect battleground for regional adversaries like the Persian and Ottoman Empires, who fought over and conquered the land. 7 with $8 billion; 33-year-old Snap Inc. executive Bobby Murphy at No. The firm ranked No. In addition there are members of other Christian faiths. If you are interested in learning wh are these rich people and how they reached this fame then follow your reading as, for this time, I am going to introduce the list of the richest Armenians in the world below. Almost half of Turkish Armenian men, who were older compared to other Armenians, had some elementary school education. [8] From 1987 to 1989, 90% of Armenians leaving the Soviet Union settled in Los Angeles. Being the owner of the world's biggest online dating platform "Badoo", he has a fortune that worths $2.3 billion. Net worth: $4.76 billion, Patrick Soon-Shiong, chairman and CEO of the Institute for Advanced Health. In 2011, Kerkorian left the post of head of the latter and managed to sell his share of about $ 1 billion. The estate, located near the former Playboy mansion, was renovated in a French Normandy-style and boasts 11 bedrooms and 26 full or partial baths, and includes a pool, wine cellar, home theater and maids quarters, according to real estate listings. [35], As of 1993 the Los Angeles area had 22 Armenian churches. Region: Diaspora. Dr. Seta Kazandjian described the community in her 2006 book as follows: Waves of immigration into the Los Angeles area have resulted in the formation of strong communities in neighborhoods and cities such as Hollywood, Glendale. The Armenian Christmas custom of families eating sweets, nuts, and dried fruit together has survived in Los Angeles. Stewart and Lynda Resnick. 12 Armenian men had married women from several backgrounds including American and Spanish, and three Armenian women had married American men. [5] By 1989, the makeup of the Armenian community in Pasadena had changed: of Armenians in Pasadena, 33% were born in Lebanon, 17% were U.S.-born, 16% were born in Armenia, 12% were born in Syria, and the remainder were born in other places. First developed and released in 1997, Grand Theft Auto (GTA) is a name used to reference, Read More How Much is the Grand Theft Auto Franchise Worth?Continue, The WWE Superstar Paige (aka Saraya-Jade Bevis) is a face most wrestling fans know well. 10. David Geffen. Once he said: People who don't become rich, are either lazy or just have other priorities. The city government had gathered the data through a special census. He is a stockholder of the highly-known Russian Troika Dialog. We believe when reliable local reporting is widely available, the entire community benefits. There are many more gifted Armenian people who have their influence in improving any part of the world. Bozorgmehr, Mehdi, Claudia Der-Martirosian, and Georges Sabagh. Armenians are blockaded, and Russians are not keeping the peace. According to the popular magazine Forbes, her fortune is estimated at 1 billion dollars. The entrepreneur likes to have an investment in this sport. The city council noted that "the area contains a high concentration of Armenian businesses and residents and social and cultural institutions including schools, churches, social and athletic organizations. As Investopedia notes, around 25% of American billionaires live in California, with a higher than average concentration of those choosing to base themselves in LA. To learn more about those standards and why we make this distinction, please click 3. Sumner Redstone. As of 1980, of the total number Armenian men 16 and older, 25% worked as executives and professionals. 9 with $7.2 billion; and Snap CEO Evan Spiegel , the youngest member of the top 10, at No. [18] Levon Marashlian, an Armenian history teacher at Glendale Community College, stated that Glendale's Armenian population became larger than Hollywood's by the early 1990s. Further west, Armenian immigrants, many of them farmers, ended up in Californias Central Valley, particularly Fresno, where the dry climate and farmland resembled the look and feel of their lost homeland. [27] As for women in 1980, residing in Los Angeles, 8.3% of women were executives with 14.5% as professionals. Kirk Kirkorian (328th) is still the world's richest Armenian with an estimated net worth of $4.5 billion. [19] 5 with $20 billion in assets under management on the Business Journals most recent list of largest private equity firms in L.A. 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