The Sabancı family is one of the wealthiest families in

Turkey Turkey ( tr, Türkiye ), officially the Republic of Türkiye ( tr, Türkiye Cumhuriyeti, links=no ), is a list of transcontinental countries, transcontinental country located mainly on the Anatolia, Anatolian Peninsula in Western Asia, with ...

according to the Forbes billionaires list of 2016, with an estimated fortune ranging between $20–30 billion. The family's main business entity was founded by

Hacı Ömer Sabancı Hacı Ömer Sabancı (1 January 1906 – 2 February 1966) was a Turkish entrepreneur, who founded a number of companies, which later formed the second largest industrial and financial conglomerate of Turkey, the Sabancı Holding. He initiate ...

in the 1930s. Hacı Ömer Sabancı, the progenitor of the Sabancı family, moved from his native Kayseri to Adana in the early 1920s. His business grew, in part, due to reduced business competition as a result of the

Armenian genocide The Armenian genocide was the systematic destruction of the Armenian people and identity in the Ottoman Empire during World War I. Spearheaded by the ruling Committee of Union and Progress (CUP), it was implemented primarily through t ...

. Some second and third generation members of the family today control a group of companies under

Sabancı Holding Hacı Ömer Sabancı Holding A.Ş., commonly abbreviated as Sabancı Holding, is an industrial and financial conglomerate with headquarters in Istanbul, Turkey. The company's primary activities are in financial services, energy (electricity generat ...

. Most of the companies were established by the efforts of the second generation members of the family,

Sakıp Sabancı Sakıp Sabancı (7 April 1933 – 10 April 2004) was a Turkish business tycoon and philanthropist. Biography He was the second son of a cotton trader and worked in his father's business without completing high school. He was the head of Turkey' ...

Hacı Sabancı Hacı Sabancı (25 June 1935 – 26 June 1998) was a Turkish businessman and philanthropist, and a member of the second generation of the renowned Sabancı family. He was born in the Akçakaya village of Kayseri Province as the third son ...

Şevket Sabancı Şevket Sabancı (1936 – 22 July 2021) was a Turkish billionaire businessman and philanthropist, and a second-generation member of the Sabancı family. Biography He was born 1936 in Kayseri, Turkey, as the fourth son of Hacı Ömer Sabancı ...

Erol Sabancı Erol Sabancı (born 1938) is a billionaire Turkish banker and a member of the Sabancı family. Sabancı is the honorary chairman of Akbank. He has been board member of Akbank since 1963, Turkey's most valuable and profitable bank. Early life Sab ...

, and

Özdemir Sabancı Özdemir Sabancı (May 15, 1941 – January 9, 1996) was a Turkish businessman and a second generation member of the Sabancı family. Biography He was born in Adana, Turkey. After finishing the high school at the Tarsus American College in Tars ...

. After the death of Sakıp Sabancı, also known as Sakip Aga, in 2004, the granddaughter of the founder,

Güler Sabancı Güler Sabancı (born 1955) is a Turkish businesswoman, a third-generation female member of the Sabancı family, and the chairperson of the family-controlled Sabancı Holding, the second-largest industrial and financial conglomerate in Turkey. As ...

, was chosen to run Sabancı Holding. Today, some second and third generation members of the family have left their managerial positions at the Sabanci Group and established their own companies such as Densa, Demsa and Esas Holding which owns

Pegasus Airlines Pegasus Airlines ( tr, Pegasus Hava Taşımacılığı A.Ş.) (), sometimes stylized as Flypgs, is a Turkish low-cost carrier headquartered in the Kurtköy area of Pendik, Istanbul with bases at several Turkish airports. History On 1 Decemb ...

References

{{DEFAULTSORT:Sabanci Family Turkish families *Sabanci *Sabanci Turkish business families

See also

References