Europe Turkey’s richest people revealed

Turkey’s richest people revealed

Yildiz Holding's chairman Murat Ulker
Yildiz Holding’s chairman Murat Ulker

(AA) – Yildiz Holding’s chairman Murat Ulker, Turkey’s largest food producer, is the richest person in the country with a fortune of US$4.4 billion, Forbes magazine revealed on Tuesday.

Ulker was the richest person in 2014 as well. The business magazine said Ulker increased his wealth by US$700 million since last year.

In recent years, Ulker’s company has grown through acquisitions of international firms. Most recently, the Turkish company took over U.K.-based snacks maker United Biscuits in a deal which made headlines across Turkey.

Fiba Holding boss, Husnu Ozyegin, came in second with a US$2.7 billion fortune. Semahat Arsel from Koc Holding – the richest woman on the list – was third with US$2.6 billion.

“We calculated a person’s fortune through his/her shares in companies. Also, we added cash money, real estate and artwork they have into a person’s wealth,” Burcak Guven, Forbes’ Turkey editor-in-chief said.

Some of Turkey’s richest people lost their spot when compared to 2014’s rich list. Sarik Tara, the founder of Turkey’s largest construction company ENKA, slipped to sixth in the list in 2015 although he was the second richest person in 2014. Forbes said the reason is that Tara’s company has lost value on Istanbul’s stock market.

Many Turkish people in the list have investments in the real estate and energy sectors.

There are 24 women in the richest person list.

The figures reveal an increase in total wealth of the 100 richest people in Turkey from US$92.8 billion in 2014 to US$100.4 billion in 2015.

Names of the first 25 in the ‘richest 100 Turks’ by Forbes are as follows:

Rank Name Company Wealth in 2015 (US$-million) Wealth in 2014 (US$-million)
1 Murat Ulker Yildiz Holding 4,400  3,700 
2 Husnu Ozyegin Fiba Holding 2,700  3,000 
3 Semahat Arsel Koc Holding 2,600  2,200 
4 Ferit Sahenk Dogus Holding 2,500  2,100 
4 Rahmi Koc Koc Holding 2,500  2,100 
6 Sarik Tara Enka Construction 2,400  3,300 
7 Erman Ilicak Ronesans Holding 2,200  2,800 
7 Filiz Sahenk Dogus Holding 2,200  1,800 
7 Suna Kirac Koc Holding 2,200  1,850 
10 Ali Agaoglu Agaoglu Construction 1,750  1,550 
11 Ahsen Ozokur Yildiz Holding 1,700  1,550 
12 Bulent Eczacibasi Eczacibasi Holding 1,450  1,500 
13 Ahmet Calik Calik Holding 1,400  1,100 
13 Ahmet Nazif Zorlu Zorlu Holding 1,400  1,200 
13 Faruk Eczacibasi Eczacibasi Holding 1,400  1,500 
16 Hamdi Ulukaya Chobani Yoghurt 1,350  1,400 
16 Mustafa Latif Topbas Bim 1,350  1,300 
18 Mehmet Ali Aydinlar Acibadem 1,300  800 
18 Mubariz Gurbanoglu Palmali Marine 1,300  1,300 
20 Deniz Sahenk Dogus Holding 1,250  1,050 
20 Turgay Ciner Park Holding 1,250  950 
22 Mehmet Nazif Gunal MNG Holding 1,200   1,500 
22 Mehmet Rustu Başaran Habas 1,200  950 
22 Sinan Tara Enka Construction 1,200  1,600 
25 Mehmet Emin Karamehmet Cukurova Holding 1,150  1,500 
26 Suat Gunsel Near East University 1,100  1,200 
27 Mustafa Koc Koc Holding 1,050  900 
28 Sevket Sabanci Esas Holding 1,050  975 
29 Aydın Dogan Dogan Holding 1,000  1,100 
29 Fatma Tuba Yazici Diler Holding 1,000  630 
29 Murat Vargi MV Holding 1,000  1,000 
29 Serra Sabanci Sabanci Holding 1,000  950 
29 Suzan Sabanci Dincer Sabanci Holding 1,000  950