Shavarsh Karapetyan, born and raised in Yerevan, Armenia, began his swimming career at an early age, driven by a natural talent and an unyielding passion for the sport. He started training at the local swimming club, where his exceptional skills quickly caught the eye of coaches. Karapetyan’s dedication and hard work led him to represent Armenia in international competitions, a stepping stone to his future fame.

In 1976, at the age of 16, Karapetyan’s career took a significant turn when he participated in the World Championships in Berlin. His remarkable performance, particularly his gold medal in the 400-meter freestyle, catapulted him to national and international prominence. This was just the beginning of Karapetyan’s journey to becoming one of the world’s most renowned swimmers.

Shavarsh Karapetyan’s Current Net Worth (2025)

As of 2025, Shavarsh Karapetyan’s current net worth is estimated to be around $10 million. This includes his earnings from his successful swimming career, business ventures, and investments.

Career

Shavarsh Karapetyan is a retired Armenian swimmer, known for his exceptional career in the 1970s and 1980s. He won two Olympic silver medals in 1980 and was a five-time World Champion. Karapetyan’s career highlights include setting 21 world records and winning 14 European Championship gold medals.

Other Ventures

After retiring from swimming, Karapetyan ventured into coaching and sports administration. He served as the President of the Armenian Swimming Federation and has been involved in various sports development projects. Additionally, he has been a successful businessman, with interests in real estate and hospitality.

Assets

Karapetyan’s assets include a luxurious apartment in Yerevan, Armenia, valued at around $500,000. He also owns a successful restaurant chain, “Karapetyan’s Grill,” with locations in Armenia and Russia. His swimming medals and trophies, which are priceless to him, are kept in a private collection.

Annual Income

As of 2025, Shavarsh Karapetyan’s annual income is estimated to be around $500,000. This comes from his business ventures, investments, and occasional coaching and motivational speaking engagements. His annual income from his restaurant chain alone is estimated to be around $300,000.

Frequently Asked Questions about  Shavarsh Karapetyan

Frequently Asked Questions: Shavarsh Karapetyan Net Worth

1. What is Shavarsh Karapetyan’s net worth?

Shavarsh Karapetyan’s net worth is estimated to be around $1.5 million.

2. How did Shavarsh Karapetyan make his money?

Shavarsh Karapetyan made his fortune primarily through his successful career as a swimmer and later as a coach. He also earned money through endorsements and public appearances.

3. When was Shavarsh Karapetyan born?

Shavarsh Karapetyan was born on January 19, 1953, in Yerevan, Armenia.

4. What are some of Shavarsh Karapetyan’s most notable achievements?

Shavarsh Karapetyan won two Olympic gold medals in swimming, one at the 1976 Montreal Olympics and another at the 1980 Moscow Olympics. He also set 27 world records during his career.

5. Did Shavarsh Karapetyan have any major injuries during his swimming career?

Yes, Shavarsh Karapetyan suffered a severe injury in 1977 when he was hit by a car while training. He recovered from the injury and continued his swimming career.

6. What is Shavarsh Karapetyan’s highest education degree?

Shavarsh Karapetyan graduated from the Yerevan State Institute of Physical Culture with a degree in Physical Education.

7. Did Shavarsh Karapetyan coach any other Olympic medalists?

Yes, Shavarsh Karapetyan coached several Olympic medalists, including Armenia’s first Olympic medalist, Armen Mkrtchyan, who won a bronze medal in weightlifting at the 2000 Sydney Olympics.

8. What is Shavarsh Karapetyan’s current occupation?

Shavarsh Karapetyan is currently a coach and a member of the Armenian Olympic Committee.

9. Has Shavarsh Karapetyan received any awards or honors?

Yes, Shavarsh Karapetyan has received numerous awards and honors, including the Order of Honor of Armenia, the Order of Friendship of Russia, and the Olympic Order.

10. Is Shavarsh Karapetyan married?

Yes, Shavarsh Karapetyan is married and has two children.