George Krikorian: A Multifaceted Entrepreneur with a $1.1 Billion Fortune
George Krikorian, the Armenian-American entrepreneur, has built a remarkable business empire and amassed an impressive net worth of $1.1 billion.
Business Ventures:
Krikorian’s business acumen is evident in his founding and former CEO role at Amdocs, a leading provider of software and services for communications and media companies. His vision and leadership expanded Amdocs’ global reach, solidifying its industry dominance.
In the entertainment industry, Krikorian’s Krikorian Premiere Theatres owns and operates over 500 movie screens nationwide, catering to the growing demand for cinematic experiences.
Passion for Horse Racing:
Krikorian’s passion for horse racing has also played a significant role in his wealth. Krikorian Racing boasts an impressive record, highlighted by a prestigious Breeders’ Cup victory in 2023.
Net Worth and Legacy:
Krikorian’s net worth is not solely tied to his business ventures; he is also known for his philanthropic efforts. His George Krikorian Foundation supports various charities, while his Krikorian Endowed Scholarship Fund at MIT nurtures budding engineers and computer scientists.
Personal Background:
- Armenian heritage, immigrated to the United States with family.
- Graduated with an engineering degree from Massachusetts Institute of Technology (MIT).
Business Highlights:
- Founded Amdocs in 1983, led as Chairman and CEO until 2018.
- Expanded Amdocs’ global presence through strategic acquisitions and partnerships.
- Invested in the movie theater industry through Krikorian Premiere Theatres, operating over 500 screens.
- Owns and operates Krikorian Racing Stable, which has produced multiple graded stakes winners.
Philanthropy:
- Supports charitable organizations through the George Krikorian Foundation.
- Established the Krikorian Endowed Scholarship Fund at MIT to support students in engineering and computer science.
Exclusive Insights:
- Analyze Krikorian’s investment strategies and their impact on his net worth.
- Examine the relationship between his horse racing ventures and his overall wealth.
- Explore his charitable contributions and how they align with his personal values.