He is an Olympic, World, and European Champion and was merited Honoured Master of Sports of the USSR in 1988.

Levon Julfalakyan was born in Leninakan, Armenian SSR (now Gyumri, Armenia).

Levon attended gymnastics sections from an early age, then started wrestling in Gyumri Youth Academy.

A year prior to becoming an Olympic Champion, Julfalakyan came in third place at the 1989 World Wrestling Championships.

In 2002 he was appointed as vice-president of the Armenian Wrestling Federation, and next year became a member of the executive committee of the NOC.