 Despite being lucrative, the vast majority of Tsarukyan's Multi Group businesses were not included in the list of the country's leading corporate taxpayers released by the Armenian government in early 2005.In 2002 Tsarukyan was awarded with St. Grigor Lousavorich order by the Supreme Patriarch of all Armenians Garegin II highly evaluating Mr. Tsarukyan's activity towards church construction.In 2003 upon the decree determined by the president of Armenia Robert Kocharyan the president of Armenian National Olympic Committee Gagik Tsarukyan, who had his great input in the development of RA sports, was honored with Movses Khorenatsi medal.