In 1987, he graduated from the Yerevan Institute of National Economy, receiving a degree in accounting and analysis of economic activity.
[8] As evidenced by the interview given to banks.am,[9] Khachatryan’s two sons have never had involvement in politics or state work, and have strictly engaged in business.
[2] In May 2022, the US government announced that it planned to seize a mansion in Los Angeles belonging to Khachatryan, contending that it was bought using bribe money.
Under the terms of the settlement, the mansion will be forfeited to the US government, which will then sell the property and retain 85% of the net proceeds of the sale.
[12] On December 29, 2011, Gagik Khachatryan was awarded the special rank of Lieutenant General of the Customs Service by the decree of the president of Armenia.