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Ivanishvili paid USD 122 000 in taxes

by | Jan 1, 2013

TBILISI, DFWatch — The richest person in Georgia, Prime Minister Bidzina Ivanishvili, paid a total of USD 122 407 in taxes, according to  property declaration published in accordance with legal requirements.

The declaration is 30 pages long and shows that apart from numerous houses and lands, Ivanishvili owns 2 000 shares in Google Inc, each share priced at around USD 700. He also owns 30 000 shares in the international hypermarket network Carrefour, 7 500 shares in Siemens and 7 500 shares in Citigroup.

Ivanishvili owns securities and shares in Raptor Pharmaceuticals Corp, Investec Global Strategy Fund, PIMCO Funds GIS Plc, Goldman Sachs Group, Equifax Inc, as well as other companies around the world.


During 2011, Ivanishvili’s family paid USD 98 800 for communal fees like gas and water, and gave away USD 441 000 in assistance to 45 individuals.

Both the prime minister and his wife own about 50 plots of lands and 50 houses in different regions of Georgia, as well as houses in Russia. The property declaration describes houses and other property belonging to Bera Ivanishvili, the PM’s son, but no details about two of his children Tsotne and Gvantsa, while Uta Ivanishivli isn’t listed among family members, as he lives abroad.

Ekaterine Khvedelidze, PM’s wife, currently owns USD 295 000, 20 000 EU and 45 000 lari in cash.

No cars or other means of transport is mentioned in the PM’s property declaration.



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