Gerard Cafesjian

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Gerard Cafesjian (in Armenian Ջերարդ Գաֆէսճեան) is an Armenian-American businessman and philanthropist who founded the Cafesjian Family Foundation and has contributed thousands of dollars to numerous philanthropic causes, including contributing funds toward buying an Armenian Genocide Museum and Memorial Museum in Washington D. C., and building a Cultural and Art Museum in Yerevan ^[1]. He is also a key shareholder in the Armenia TV Company and has supported alternative energy projects in Armenia. He also restored a dismantled historic Carousel for Como Park Minnesota and to Museum expansion at the Scottsdale Arizona center for the Arts. Earning a degree in Ecomonics from Hunter College, he started out as a legal editor, became owner of the West Publishing Corporation, (before it was bought by the Thomson Corporation) and he was awarded the Business and the Arts Award. He is currently retired to live in Florida, where he still manages personal investments and contributes to charities. The Armenian Assembly of America honored Cafesjian as a Life Trustee at a 2002 National Gala Banquet.

In the spring of 2004, Cafesjian bought a 33rd-floor apartment at 50 Central Park South in Manhattan for $12 million. The apartment was later listed for sale with an asking price of $18.95 million.^[2]^[3]