Portrait of Ruben Vardanyan & family

Rank #2992

Ruben Vardanyan & family

Net worth $1.3B

Investment banking · Armenia

Born
May 25, 1968
Age
57
Source
Investment banking
Residence
Erevan
Citizenship
Armenia
Marital status
Married
Children
4
Education
Master of Science, Moscow State University

Net worth over time

Biography

  • Ruben Vardanyan cofounded investment company Troika Dialog in the early 1990s and is known as the father of the Russian stock market.
  • In 2013, Vardanyan and his managers sold Troika Dialog to state-owned Sberbank for $1.4 billion.
  • Vardanyan founded investment boutique Vardanyan, Broitman and partners, which serves ultra high-net-worth individuals, in 2014.
  • In 2021 he obtained Armenian citizenship and later renounced his Russian citizenship and moved to Armenia.
  • In November 2022 Vardanyan was appointed the State Minister of Artsakh (Karabakh). He transferred his business assets to the family trust. In February 2023 he dismissed as State Minister.
  • Vardanyan was arrested by the Azerbaijani State Border Service in 2023 while attempting to enter Armenia; In December 2025, prosecutors requested a life sentence for him.

Financial assets

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