List Of Turks By Net Worth
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List Of Turks By Net Worth
''List of Turkish Billionaires'' is an annual ranking by documented net worth of the wealthiest billionaires in Turkey, compiled and published in March annually by the American business magazine ''Forbes''. Methodology Each year, ''Forbes'' employs a team of more than 50 reporters from a variety of countries to track the activity of the world's wealthiest individuals. Preliminary surveys are sent to those who may qualify for the list. According to ''Forbes'', they received three types of responses â€“ some people try to inflate their wealth, others cooperate but leave out details, and some refuse to answer any questions. Business deals are then scrutinized and estimates of valuable assets â€“ land, homes, vehicles, artwork, etc. â€“ are made. Interviews are conducted to vet the figures and improve the estimate of an individual's holdings. Finally, positions in a publicly traded stock are priced to market on a date roughly a month before publication. Privately held c ...
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Net Worth
Net worth is the value of all the non-financial and financial assets owned by an individual or institution minus the value of all its outstanding liabilities. Since financial assets minus outstanding liabilities equal net financial assets, net worth can also be conveniently expressed as non-financial assets plus net financial assets. It can apply to companies, individuals, governments or economic sectors such as the sector of financial corporations or to entire countries. By entity Calculation Net worth is a combination of financial assets and liabilities. The financial assets that contribute to net worth are homes, vehicles, various types of bank accounts, money market accounts, and stocks and bonds. The liabilities are financial obligations such as loans, mortgage, accounts payable (AP) that deplete resources. Companies Net worth in business is also referred to as equity. It is generally based on the value of all assets and liabilities at the carrying value which is the ...
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Comodo Group
Xcitium, formerly known as Comodo Security Solutions, Inc., is a cybersecurity company headquartered in Bloomfield, New Jersey in the United States. History The company was founded in 1998 in the United Kingdom by Melih AbdulhayoÄŸlu. The company relocated to the United States in 2004. Its products are focused on computer and internet security. The firm operates a certificate authority that issues SSL certificates. The company also helped on setting standards by contributing to the IETF (Internet Engineering Task Force) DNS Certification Authority Authorization (CAA) Resource Record. In October 2017, Francisco Partners acquired Comodo Certification Authority (Comodo CA) from Comodo Security Solutions, Inc. Francisco Partners rebranded Comodo CA in November 2018 to Sectigo. The change in name came less than a year after Comodo CA was acquired by Francisco Partners. On June 28, 2018, the new organization announced that it was expanding from TLS/SSL certificates into IoT security ...
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Şarık Tara
Şarık Tara (born Šarik Hadžihamzić; 22 April 1930 – 28 June 2018) was a Turkish billionaire who founded Enka İnşaat ve Sanayi A.Ş., Turkey's largest construction company, with Sadi Gülçelik, in 1957. As well as being an international engineer, contractor, industrialist, he was known for his philanthropy. Personal life Early life and education Tara was born in Skopje, Kingdom of Yugoslavia (now North Macedonia) but emigrated with his family to Turkey in 1942 when he was 12 due to World War II. His father Fevzija Hadžihamzić, an ethnic Bosniak, was from Priboj, a town in the Sandžak region of Serbia, where his family moved from Nikšić. His mother Mahmura Kumbaradži was born in a wealthy Macedonian Turk family from Skopje. Upon arrival to Turkey, his father changed their surname to Tara, in reference to river Tara which flows mainly through Bosnia and Herzegovina and Montenegro ) , image_map = Europe-Montenegro.svg , map_caption ...
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Semahat Sevim Arsel
Semahat Sevim Arsel (born 1928) is a Turkish billionaire businesswoman. She is a director of Koç Holding, the largest industrial conglomerate in Turkey, and the eldest child of its founder, Vehbi Koç (1901–1996). She owns 8.4% of the family business. As of August 2022, her net worth was estimated at US$1.6 billion. Early life Arsel was born in Ankara in 1928, the eldest child of Vehbi Koç (1901-1996). Arsel graduated from the American College for Girls in Istanbul. Career Arsel founded the Koç University School of Nursing. As of August 2021, ''Forbes ''Forbes'' () is an American business magazine owned by Integrated Whale Media Investments and the Forbes family. Published eight times a year, it features articles on finance, industry, investing, and marketing topics. ''Forbes'' also r ...'' estimated her net worth at US$1.9 billion. Arsel is the chairperson of the Vehbi Koç Foundation. Personal life Her husband Nusret Arsel died in January 2014. They had n ...
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Hüsnü Özyeğin
Hüsnü Özyeğin (born 1944) is a Turkish billionaire. He founded Finansbank in 1987 and later sold the Turkish division of the bank. Nowadays, his financial investments are managed under Fiba Holding while non-financial investments are managed under Fina Holding. Background The son of a doctor, Özyeğin was born in 1944 in Izmir, Turkey. He graduated from Robert College, in Istanbul in 1963, and claims that he went to the US with just a thousand dollars in his pocket. There, he studied civil engineering at Oregon State University. He then earned an MBA from Harvard Business School. Career Following his return home after three more years in the US, Özyeğin was offered a post in Pamukbank, which belonged to his schoolmate, Mehmet Emin Karamehmet. In 1977, at the age of only 32, he was appointed general manager of this bank and he held this position until 1984. Then he transferred to Yapı ve Kredi Bankası to become its general manager, a much larger bank in Turkey acquired ...
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Mapa Group
Mapa Group is a Turkish conglomerate founded by Mehmet Nazif Günal. They were formerly named MNG Group of Companies () and MNG Şirketler Grubu Holding A.Ş. is the holding company of the group. History Günal Construction, the first company in the group, was founded in 1976 by Mehmet Nazif Günal, followed by Mapa Construction in 1978. The companies became a joint stock company in 1983. The first large-scale construction projects the company undertook were the Afşin Elbistan Power Plant, completed in 1982, the Kralkızı Dam in 1984, and the Hilton Izmir, which was constructed in 1992. In 1996 the company expanded its operations into air cargo, and created MNG Airlines, followed by an expansion into tourism in 1999. In 2013, the company won the tender to construct the new Istanbul Airport, and in 2014 MNG finished construction on the Heydar Aliyev International Airport in Azerbaijan. In 2000, MNG finished construction a recreation of the Topkapı Palace as a beach ...
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Akfen Holding
Akfen Holding, is a Turkey-based and infrastructure investments oriented holding company which was founded in 1976 by Hamdi Akın and earned its status as a holding in 1999. Industrial Branches in which the Company Is Active * Airport Management and Operations * Construction * Port Operations * Marine Transportation * Water Distribution and Waste Water Utilities * Energy * Real Estate National and International Partners Creates enormous synergy with pioneering global partners such as; * Tepe Construction Industry Inc. * PSA International * Souter Investment LLP * Kardan N.V. * Accor SA Akfen Holding was offered publicly in 2010 and is on the trade list of Borsa Istanbul (BIST) Free Float Rate %28.26 Share Code; AKFEN Area of activity Main Subsidiary Companies; * Akfen Construction * Akfen REIT * HEPP Group * Other (Akfen Energy Holding, Sim-Er Energy) Investments Valued by Equity Method; * TAV Airports * TAV Investment * Mersin International Port Management / MIP * ...
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LC Waikiki
LC Waikiki or also known as LCW, is an Istanbul based chain ready-to-wear fashion company with 54.000 employees. The company took its name from Waikiki Beach Waikiki (; haw, Waikīkī; ; also known as Waikiki Beach) is a neighborhood of Honolulu on the south shore of the island of Oahu in the U.S. state of Hawaii. Waikiki is most famous for Waikiki Beach, which is one of six beaches in the district ... in Hawaii, and the initial letters of the French word " Les Copains", meaning "friends". Early history The company was founded in Paris, France in 1988. It became a Turkish organization in 1997 after being purchased by Tema Tekstil. The brand gained popularity in the 1990s with clothes featuring its monkey mascot. Stores International After being acquired by Tema Tekstil, the first store was opened in Romania. By March 2020, the company had 1,004 stores in 47 countries. In 2021, the company opened its first store in Latin America. Turkey In Turkey, the company h ...
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MV Holding
MV may refer to: Businesses and organizations In transportation * Motor vessel, a motorized ship; used as a prefix for ship names * MV Agusta, a motorcycle manufacturer based in Cascina Costa, Italy * Armenian International Airways (IATA code MV) * Metropolitan-Vickers, an electrical equipment and vehicle manufacturer * Midland Valley Railroad, United States (reporting mark MV) Other organizations * Mieterverband, a Swiss tenant organization * Millennium Volunteers, a former UK government initiative * Minnesota Vikings, an American football team * Miss Venezuela, a beauty pageant * Museum Victoria, an organization which operates three major state-owned museums in Melbourne, Victoria, Australia Places * Martha's Vineyard, an island located south of Cape Cod in Massachusetts * Maldives (ISO 3166-1 alpha-2 country code MV) * Mecklenburg-Vorpommern, a German state at the Baltic Sea * Mountain View, a city in California, US People * M. Visvesvaraya, Indian engineer and statesma ...
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Acıbadem Healthcare Group
The Acıbadem Healthcare Group (Turkish language, Turkish: Acıbadem Sağlık Grubu) is a Turkey, Turkish healthcare institution, operating with 17,000 employees. It comprises 21 hospitals and 16 medical centers. The group consists of a network of general hospitals, medical centers, outpatient clinics, an ophthalmology center and various laboratories. Besides its partnership with Istanbul International Hospital and International Etiler Outpatient Clinic, Acıbadem has hospitals in Eskişehir, Amsterdam, Bodrum, Maslak and Beşiktaş. It was founded in 1992 by Mehmet Ali Aydınlar and Armağan Özel, the latter having left the group in 2007. Aydınlar is still the CEO of the group. The largest shareholder of Acıbadem is IHH Healthcare.Khazanah buys 75% of Turkish hospital chain
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Chobani
Chobani is an American food company specializing in strained yogurt. The company was founded in 2005 by Hamdi Ulukaya, a Turkish businessman. Chobani sells thick, Greek-style yogurt with a higher protein content than traditional yogurt and is one of the main companies to popularize this style of yogurt in the US. The company has also expanded to non-dairy, plant-based products such as dairy-free vegan yogurt and oat milk. Chobani produces a variety of Greek yogurt products, oat drinks, and snacks. Chobani's yogurt's market share in the U.S. rose from less than 1% in 2007 to more than 20% in 2021, and is the top-selling Greek yogurt brand in the United States and operates the largest yogurt facility in the world. In April 2016, Chobani announced it was giving 10 percent of its ownership stake to its employees. Establishment and early years Chobani was founded in 2005 by the Turkish Kurd and businessman Hamdi Ulukaya. He chose the name ''Chobani'' as a variation of the Turkish ...
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