Quick Answer: Charles H. Gamarekian's Net Worth (and What the Search Actually Turns Up)
When people search for "Charles Gamarekian net worth," they are almost certainly looking for Charles H. Gamarekian, the Founder, Chairman, and CEO of Cambridge Pavers, Inc., a New Jersey-based hardscape and paving products company he founded in 1994. He is the only widely documented individual with that surname in business and financial coverage. Based on what is publicly available as of early 2026, the most credible range for his personal net worth sits somewhere between $7 million and $15 million, though some company-valuation-focused pages inflate that figure significantly by conflating Cambridge Pavers' estimated enterprise value with Gamarekian's personal wealth. The honest answer is that no audited, primary-source figure exists in the public record, and every number you see on net-worth sites is an estimate built on assumptions.
How Net Worth Estimates Are Built for Private-Company Founders
Estimating the net worth of someone like Charles H. Gamarekian is genuinely harder than doing the same for a publicly traded CEO. Public-company executives file Form 4s, proxies, and annual disclosures that spell out stock holdings, compensation, and option grants. Private-company founders have none of those obligations, so every estimate is a reconstruction.
The standard methodology wealth-research sites use involves four moving parts. First, they estimate the enterprise value of the privately held company using a revenue or EBITDA multiple benchmarked against comparable public companies or recent M&A transactions in the same sector. Second, they apply an assumed ownership percentage to that enterprise value to get a stake value. Third, they add personal investment holdings, real estate, and other disclosed or inferred assets. Fourth, they subtract any known liabilities, though debt schedules for private individuals are almost never publicly available, so this step is usually skipped or guessed. The result is a range, not a hard number, and the range is only as good as the assumptions baked in.
For context, a similar methodology challenge comes up with other privately-oriented wealth figures on this site. Charles-Henri Sabet's net worth runs into the same issue of private holdings obscuring the real picture, which is why ranges rather than single figures are the honest way to present these estimates.
Cambridge Pavers, Inc. is headquartered in Lyndhurst, New Jersey and has grown significantly since its 1994 founding. The clearest recent signal of financial scale comes from a Virginia Business report covering the company's planned $47 million investment in a new Pittsylvania County facility, which Gamarekian was quoted on directly. A $47 million capital commitment to a single plant is a meaningful data point: companies don't approve that kind of spend unless they have the balance sheet or credit access to support it, and founders who authorize it typically retain a meaningful ownership stake.
Business profiles including Buzzfile listings identify him as President of Cambridge Pavers at the Lyndhurst, NJ address, which is useful as a triangulation point for tracking down related assets and LLC filings in Bergen County and surrounding New Jersey counties.
There is also a legal history worth noting. Court records from the mid-1980s reference a "Charles Haig Gamarekian" as a named defendant in SEC v. Netelkos (592 F. Supp. 906, S.D.N.Y. 1984), a civil enforcement action. The SEC's own news digests from 1984 reference the matter under the headline "NETELKOS AND GAMAREKIAN ENJOINED." This pre-dates the founding of Cambridge Pavers by roughly a decade. It does not have a direct bearing on his current estimated wealth, but it is part of the documented public record under his full legal name and will surface in thorough background searches.
Breaking Down the Likely Sources of Wealth
Even without audited financials, you can sketch a reasonable wealth-source map for a founder-CEO of a multi-facility manufacturing company that has been operating for over 30 years.
| Wealth Source | Likely Significance | Verifiability |
|---|
| Ownership stake in Cambridge Pavers, Inc. | Highest: likely the dominant asset, valued by EBITDA multiple on private revenue | Low: no public filings; ownership % unconfirmed |
| CEO/founder compensation (salary + distributions) | Moderate: consistent annual income driver over 30+ years | Low: private company, no proxy disclosures |
| Real estate holdings (personal + potentially commercial) | Moderate: NJ/Bergen County property records are public | Medium: searchable via county parcel records |
| Personal investment portfolio (stocks, bonds, etc.) | Uncertain: no disclosed brokerage or fund holdings | Very low: no public filings found |
| Liabilities (mortgages, business debt, personal loans) | Unknown: likely offset against real estate and business stake | Very low: debt schedules not publicly available |
The biggest single variable is the company stake. One site (RichestLifeStyle.com, last updated September 2025) pegs Cambridge Pavers' overall valuation at roughly $500 million. If Gamarekian retains even a 10 percent stake after any dilution events, that alone would imply a $50 million holding. But that valuation figure itself is unverified, and the ownership percentage is assumed, not documented. Celebswipe, by contrast, reports a personal net worth of around $10 million with an annual income estimate of $500,000, which is more conservative and likely reflects a salary-focused model rather than full equity valuation. A third style of site (Worthcolumn-type pages) estimates "several 7 million dollars," which is the most conservative figure in circulation.
The honest working range, given these data points, is approximately $7 million to $50 million depending entirely on how you value his Cambridge Pavers stake. The most grounded middle estimate, absent any verified ownership data, is in the $10 million to $20 million range, treating the company stake as significant but applying conservative multiples.
Why Different Sites Show Wildly Different Numbers
If you have searched this name across a few sites before landing here, you have probably already seen figures that don't match. That is not a coincidence, and it is not because one site has special access to private financials. It is because each site makes different assumptions and almost none of them disclose those assumptions clearly.
- Company value vs. personal value confusion: Some pages report a "net worth" figure that is really a rough valuation of Cambridge Pavers as a business, not Gamarekian's personal share of it. That inflates numbers dramatically.
- Different ownership assumptions: One site might assume 100 percent founder ownership; another might apply a generic 30 percent dilution model. A 70-percentage-point difference in assumed ownership produces enormous differences in the final number.
- Revenue multiple vs. EBITDA multiple: Applying a 2x revenue multiple versus a 10x EBITDA multiple to the same company can produce estimates that differ by hundreds of percent.
- Outdated data: A site that last updated in 2021 is working with pre-expansion figures that predate the $47 million Virginia facility announcement.
- No liability offset: Most net-worth template sites ignore debt entirely, overstating the net figure.
- Template inflation: Many low-quality net-worth pages copy from each other and round numbers up for clicks, creating a feedback loop of unsupported figures.
This dynamic is not unique to Gamarekian. It shows up across private-company founders profiled on this site. For a comparable example, Gaius Charles's net worth profile faces the same challenge of reconciling conflicting estimates from sites that use different income models and update on different schedules.
Where Reliable Updates Come From (and How to Spot Them)
For a private company founder, the most credible updates will come from a specific set of primary and near-primary sources, not from aggregator net-worth pages. Here is what to trust and what to treat with skepticism.
SEC EDGAR is the first place to check, both for the company name "Cambridge Pavers" and for the individual's full legal name "Charles Haig Gamarekian." Given the 1984 enforcement action, there may be legacy sanctions or orders on file that include financial details. Any new SEC filings related to the company or its principals would also appear there. Similarly, state-level business registries in New Jersey (the Division of Revenue and Enterprise Services) can surface LLC and corporate filings associated with Gamarekian or related entities, which sometimes include registered agent addresses, officer names, and formation dates that help map the full corporate footprint.
For real estate, Bergen County, NJ property records are publicly searchable and will show any parcels held under his name or under LLCs where he is the registered agent. This is often the most concrete personal asset data available for private individuals.
Business press coverage such as Virginia Business and trade publications like Lawn & Landscape carry direct quotes and capital investment figures that, while not equivalent to a balance sheet, give real signals about the company's financial trajectory and Gamarekian's role in driving it. This kind of coverage is far more credible than templated net-worth pages. For perspective, compare the transparency standard we expect here to how figures like Charles Saatchi's net worth are documented: even for a well-known public figure with media coverage, the distinction between confirmed and estimated wealth matters enormously.
How to Read Net Worth Ranges Without Getting Misled
When you see a net worth figure for someone like Gamarekian, the most useful question to ask is: what does this number actually represent? Is it the founder's personal liquid wealth? The estimated equity stake in the company? The company's gross revenue? Those are three very different things, and conflating them is the primary source of the $7 million to $500 million spread you will encounter across different pages.
A range presented with methodology, even a rough one, is more useful than a single figure with no explanation. If a site says "net worth: $12 million" with no further context, that tells you less than a site that says "estimated personal stake of 20 percent in a company valued at $60 million implies a $12 million equity position, before personal liabilities." The second framing lets you stress-test the assumptions. What if the company is worth $40 million instead? What if his stake is 30 percent? You can run your own numbers.
Also keep an eye on update timestamps. A figure from 2021 misses the Virginia expansion announcement and several years of business growth. Always check when the estimate was last updated, and treat anything older than 18 months as potentially stale for a company in active expansion mode. Charles Saka's net worth profile is a good example of why regular updates matter: financial circumstances can shift substantially with a single major business deal or investment.
How to Research the Most Current Estimate Right Now
If you want to go beyond the estimates on this page and get as close to a current, verified figure as possible, here is the practical sequence to follow.
- Search SEC EDGAR (efts.sec.gov/EFTS/latest/search.efts) for both 'Cambridge Pavers' and 'Charles Haig Gamarekian' to find any litigation records, enforcement orders, or related filings that include financial details.
- Search the New Jersey Division of Revenue and Enterprise Services business registry for Cambridge Pavers, Inc. and any associated LLCs. Note all registered agents and officers, then cross-search those entity names for additional holdings.
- Search Bergen County, NJ property records (the county assessor's parcel search tool) for 'Gamarekian' to identify any real estate holdings under his personal name or associated entity names.
- Search recent business press: query 'Cambridge Pavers' in Google News filtered to the past 12 months to catch any new expansion announcements, acquisitions, or financing disclosures that would update the company's scale.
- Cross-check any net-worth figure you find with its methodology: does it specify ownership percentage, valuation multiple, and a date? If not, treat it as a rough placeholder, not a verified estimate.
- For the most current personal net worth snapshot, combine the business press signals (capital investment scale, expansion pace) with the property records data and SEC history to triangulate a range rather than anchoring on any single site's number.
The bottom line: Charles H. Gamarekian is a documented, active business leader whose wealth is primarily tied to his decades-long ownership stake in Cambridge Pavers. The most credible personal net worth range based on available evidence is $7 million to $20 million, with the upside potentially higher if the company's equity value reflects the full scale of its multi-facility, multi-state manufacturing footprint. No audited figure exists in the public domain, and every number you encounter is an estimate, including this one. The difference between this estimate and lower-quality ones is that the methodology and its limitations are spelled out clearly, so you can judge the range for yourself.
