 He also served as the head of the Armenian General Benevolent Union becoming its 4th president from 1943 to 1952, after Boghos Nubar, Calouste Gulbenkian and Zareh Nubar.Arshag Karagheusian and his brother Miran Karagheusian (1874–1948) fled Turkey in 1896 to go to England and then to the United States.Their family had been in the rug trade in Turkey since 1818, and they began in the United States in 1897 as rug importers.