How much does Margvelashvili own? – President's declared property and income
22 August, 2014
How much does Margvelashvili own? – President's declared property and income
“A declaration is a tedious document, which I struggle a lot with, making sure it is filled scrupulously. Since I became a public official, one of my obligations is to let the public know about my income. I think that this obligation applies to all public officials, including the most high-ranking ones” – declared Giorgi Margvelashvili in response to Davit Bakradze’s comment about bank accounts.
It seems that the President devoted a lot of attention to this particular responsibility, since his
declaration was filled on the 7th of August.
He does not have the First Lady, Maka Chichua, mentioned among family members. Margvelashvili possesses a 120m2 living area in Tbilisi, at Paolo Iashvili Street. He also has several plots of land in Dusheti, complete with a 200 m2 house.

The President’s declaration also mentions the house of his father, Temur Margvelashvili, located at Ingorokva Street. According to Maka Chichua’s interview several months ago, the President’s daughter Ana Margvelashvili lives with her father’s parents at Mtasminda. As for Dusheti, it is known that it is the President’s favorite place. Even today, he spends a lot of time in Dusheti together with Maka Chichua and other family members. They have a pet, which is apparently adored – a bulldog named Bulzo, who can “sing”.

Giorgi Margvelashvili’s savings account at “TBC” bank has 3948 GEL on it. As it can be inferred from the declaration, his last year’s income comprised 27,590 GEL. 21,937.57 of that was received as salary when he worked as a Minister of Education, while 5653.37 was received as presidential salary.
Another declaration of his was filled out in 2013. Real estate listed in it remains the same, albeit back then Giorgi Margvelashvili had 1464 GEL on his savings account at TBC Bank, 13640 GEL on his account at “Kartu Bank” and 6392 GEL at his old account at TBC Bank, which is no longer active.
Margvelashvili’s income in 2012 comprised 84224 GEL. 51517 of them was received as salary when he worked as a lecturer at the Social Affairs Institute, 25000 GEL was received over the course of a year at Georgia’s Development Research Institute, 6307 GEL was received for working as a Minister and 1400 GEL was payment for a TV program he created – “This Week’s Thoughts”, which was aired by “Maestro TV”.
President’s 2013 declaration also states that in 2007, university clinic “Grosshadern” transferred 20,000 Euro to his account: “In 2007, university clinic “Grosshadern” transferred 20,000 Euro to an account registered to my name. After the surgery, 7,500 Euro remained in my possession” – explains Margvelashvili in his declaration, where he also has his parents’ pension and salaries state.

It is noteworthy that the declaration mentions neither President’s travel expenditures nor bonuses.

By Tamar Bochorishvili

Related story:

How much does Bera Ivanishvili own? - Richest young person in Georgia
Other Stories
Russian MFA Statement About Lugar Research Center-Another Disinformation
The Ministry of Foreign Affairs of Georgia responds to the statement of the Russian Foreign Ministry regarding Lugar's laboratory.
UN Human Rights Council Adopts Resolution On Occupied Territories Of Georgia
The UN Human Rights Council adopted a resolution on the occupied territories of Georgia - "Cooperation with Georgia" within the framework of its 43rd session.
Kurt Volker about 20th of June: People Can’t Forget That
Given that one year has passed since June 20, 2019, it is interesting to see how the West assesses the developments in Georgia during this one year and what expectations it has for the October parliamentary elections.
Eastern Partnership Beyond 2020- Context and Expectations
The Eastern Partnership (EaP) marked its 10th anniversary in 2019. The round dates always come with reflections and new resolutions for the future.
"8 March Agreement Is Very important For Georgian Democracy"-Carl Hartzell
The 8th March agreement concerned not only the change in the electoral system but justice and the impermissibility of political partiality in electoral processes, - stated the Ambassador of the European Union to Georgia, Carl Hartzell during his video broadcast.
Donald Trump Congratulates Georgia on Independence Day
The President of the United States of America Donald Trump sent a letter of congratulations to the Prime Minister of Georgia Giorgi Gakharia on Independence Day.
US Ambassador Congratulating Georgia on the Independence Day
US Ambassador to Georgia Kelly Degnan has congratulated Georgia on the Independence Day.
Georgia's President Warns Covid-19 Crisis Could Trigger Russian Aggression
Georgia’s president has warned that Russia’s struggle to contain the spread of coronavirus and an economic crisis compounded by an oil price collapse risk is triggering new Kremlin aggression beyond its borders, - reads an article published by Financial Times.
Creation of Maps Violating Georgia's Territorial Integrity To be Considered Illegal
Production, advertising, use, and transportation of maps and other objects reflecting the violation of the principle of territorial integrity of Georgia will be considered as an illegal act.
Turkey Starts Accepting Health Tourists From Georgia
Turkey has started accepting foreign patients from several countries, including from Georgia.
Georgia Has The Greatest Support In the World From EU-Carl Hartzell
A true friend is known to be in trouble, and we have proved that we are true friends, ”-EU Ambassador to Georgia Carl Hartzel said during an online meeting with members of the European Business Association.
The EU Council Has Approved a Package of Financial Assistance to Georgia
The Council of the European Union (EU) has approved a package of emergency macro-financial assistance for 10 countries as part of its Neighborhood and Enlargement Policy.
The US Ambassador Stresses The Importance of Fair Judiciary System
We would like to see more American companies invest in Georgia and more Georgian companies in the United States said US Ambassador Kelly Degnan during a virtual press conference.
"One More Political Prisoner Is Still Waiting To Be Released"-McAllister
The MEPs expressed their opinions about the political situation in Georgia at the discussion of the report on the implementation of the Association Agreement between the EU and Georgia.
Promoting Georgia As a Safe Destination For Tourism
“Georgia – a safe destination” is a message that Georgian diplomats should send to people in their countries, - Georgian Prime Minister Giorgi Gakharia said while talking to Georgian ambassadors abroad via a video conference today.
UN To Allocate USD 1 Million To Support COVID-19 Crisis in Georgia
The United Nations will allocate USD 1 million for Georgia to help the country better respond to the immediate health consequences of the COVID-19 pandemic and protect the most vulnerable groups from the devastating socio-economic impacts of the health crisis.
U.S. Senators Express Concern Over The Expulsion of American Businesses From Georgia
U.S. Senators Ted Cruz and John Cornyn, Congressmen Judy Arrington, and Markwayne Mullin have written to Secretary of State Mike Pompeo and Treasury Secretary Steve Mnuchin, expressing concern over the expulsion of U.S. companies and businesses from Georgia.
European Parliament Approves €150 Million Aid For Georgia
The European Parliament on Friday approved €3 billion in loans to help EU neighbors and partner countries deal with the fallout of COVID-19.
MEPs and U.S Senators Welcome the Pardon of Opposition Politicians
Georgian President Salome Zurabishvili announced yesterday that she was pardoning Georgian opposition politicians Gigi Ugulava and Irakli Okruashvili, which she said was ‘a very difficult decision’.
The Presidency of the Council of Europe of Georgia Received a High Assessment
According to the Prime Minister Giorgi Gakharia, the presidency of the Council of Europe of Georgia had a very high assessment at the international level.
Coronavirus Crisis is an Opportunity to Deepen Relations With the EU-Salome Zourabichvili
The President of Georgia Salome Zourabichvili talked to the President of the Republic of Finland Sauli Niinistö on March 14.
Greece to Take Over On Georgia's Chairmanship of CoE Committee of Ministers
The Chairmanship of the Committee of Ministers of the Council of Europe will officially be transferred from Georgia to Greece today.
Disinformation and COVID-19
In an era of COVID-19 disinformation is becoming a tool for some states as a political leverage. Political scientist Giorgi Gobronidze explains why the issue matters.
Exclusive interview with Israeli ambassador to Georgia
Israel's Ambassador Extraordinary and Plenipotentiary to Georgia, Ran Gidor, has been in Tbilisi for only a few months.
GEL Exchange Rate
Other Stories
On 26 May, Jean-Claude Juncker, President of the European Commission, joined celebrations in the Georgian capital of Tbilisi
Violation of Georgia’s sovereignty and territorial integrity by Assad regime has been strictly criticized
Exactly one year ago, Georgia was granted visa-free travel with the European Union.
Georgia’s ex-president president Mikheil Saakashvili's supporters managed to free detained Mikheil Saakashvili in the center of Kiev.
The US Ambassador to Georgia Ian Kelly congratulates Georgia on Independence Day.
The regulations on the introduction of visa-free travel for citizens of Georgia have been officially signed in Brussels.
The entire Georgia is involved in Secret Santa game, which means that people are sending gifts to each other secretly
The Minister of Foreign Affairs of Georgia is taking part in NATO Ministerial underway in Brussels, Belgium.
A special squad has been mobilized at the 48th polling station in Marneuli, Kvemo Kartli region.
Two politicians in Georgia have come to blows during a live TV debate ahead of the country’s parliamentary elections, Euronews reports.
GEL Exchange
July 2020
Mon Tue Wed Thu Fri Sat Sun
1 2 3 4 5
6 7 8 9 10 11 12
13 14 15 16 17 18 19
20 21 22 23 24 25 26
27 28 29 30 31