At the session of the Sector Economy and Economic Policy Committee, Giorgi Barvenashvili was elected as the Deputy Chair of the Committee. His candidacy was presented to colleagues by the Committee Chair, Shota Berekasvhili. The committee members unanimously supported Giorgi Barvenashvili's nomination on February 25. Barvenashvili holds the mandate of a Georgian Dream MP since February 2024.
According to the parliament's website, Giorgi Barvenashvili's work experience includes serving as director of LLC FFE between 2019 and 2024. However, his biography does not mention any other work experience. Regarding his education, he graduated from the Faculty of International Economic Activity Management at the Tbilisi Business Institute of the Union of Economic Revival of Georgia in 1995.
Regarding his property declaration, Giorgi Barvenashvili indicates assets with a total value exceeding 16 million GEL.
As of the property declaration, Giorgi Barvenashvili owns 46 Bitcoins worth 4 million USD, as well as 100 Ethereum with a total value of 238 thousand USD.
Regarding bank accounts and cash, Giorgi Barvenashvili maintains deposits of 760 thousand USD and 187 thousand EUR, and additionally keeps 80 thousand EUR , 100 thousand USD, and 62 thousand GBP in cash. The total amount of these savings in the national currency is 3.3 million.
According to the property declaration, Barvenashvili owns 9 luxury wristwatches, including Patek Philippe, Richard Mille, Rolex, Audemars Piguet, and Bvlgari watches, among which he paid 110 thousand USD for the most expensive Audemars Piguet in 2022. The MP indicates 439 thousand USD as the price for these watches. Regarding real estate, the deputy indicates houses and land plots in Mtskheta and Zahesi with areas of 1000, 700, and 785 square meters. For this real estate, the deputy paid 22 thousand, 46 thousand, and 20 thousand USD. Also, in 2021, a residential house of 853 square meters on Uchaneishvili Street in Tbilisi, for which he paid 930 thousand GEL. Additionally, Giorgi Barvenashvili owns a 1000 square meter land plot on Tsolikauri Street in Tbilisi, for which he paid 57 thousand USD. Also, a 950 square meter land plot on Tsolikauri Street, for which he paid 50 thousand USD.
Giorgi Barvenashvili's declaration also indicates business income received in 2023 amounting to 2.6 million GEL, with LLC "Oda" listed as the source.