The list of Turkish people by net worth is based on 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.
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 – 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 – land, homes, vehicles, artwork, etc. – 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 companies are priced by the prevailing price-to-sales or price-to-earnings ratios. Known debt is subtracted from assets to get a final estimate of an individual's estimated worth in United States dollars. Since stock prices fluctuate rapidly, an individual's true wealth and ranking at the time of publication may vary from their situation when the list was compiled.[1]
Family fortunes dispersed over a large number of relatives are included only if those individuals' holdings are worth more than a billion dollars. However, when a living individual has dispersed his or her wealth to immediate family members, it is included under a single listing provided that individual is still living. Royal families and dictators that have their wealth contingent on a position are always excluded from these lists.[2]
The rankings are published annually in March, so the net worths listed are snapshots taken at that time.
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Turkey Rank | World Rank | Name | Net worth (USD) | Source(s) of wealth | |
---|---|---|---|---|---|
1 | 497 | Ibrahim Erdemoğlu | $5.3 billion | SASA Polyester | |
2 | $5 billion | Yıldız Holding | |||
3 | Ali Erdemoğlu | $4.7 billion | SASA Polyester | ||
4 | Semahat Sevim Arsel | $3 billion | Koç Holding | ||
5 | İpek Kıraç | $2.9 billion | Koç Holding | ||
6 | $2.7 billion | Koç Holding | |||
7 | Saban Cemil Kazanci | $2.5 billion | Kazancı Holding | ||
7 | $2.5 billion | Doğuş Group | |||
9 | Erman Ilıcak | $2.3 billion | Rönesans Holding | ||
9 | $2.3 billion | Doğuş Group | |||
11 | $2.2 billion | Limak Holding | |||
12 | $2.1 billion | Chobani | |||
13 | $1.9 billion | Eczacıbaşı Holding | |||
13 | $1.9 billion | Eczacıbaşı Holding | |||
13 | Mehmet Sinan Tara | $1.9 billion | Enka İnşaat ve Sanayi A.Ş. | ||
16 | $1.8 billion | Limak Holding | |||
17 | $1.7 billion | LC Waikiki | |||
18 | Hamdi Akın | $1.5 billion | Akfen Holding | ||
18 | $1.5 billion | Çalık Holding | |||
20 | Aydın Doğan | $1.3 billion | Doğan Holding | ||
20 | $1.3 billion | Doğuş Group | |||
22 | $1.2 billion | Acıbadem Healthcare Group | |||
22 | Şefik Yılmaz Dizdar | $1.2 billion | LC Waikiki | ||
24 | Ali Metin Kazancı | $1.1 billion | Kazancı Holding | ||
25 | $1 billion | Ciner Group | |||
25 | $1 billion | Kipaş Holding |
660 | 3.0 billion | finance, diversified | ||
867 | 2.4 billion | diversified | ||
867 | 2.4 billion | construction- | ||
896 | 2.3 billion | construction | ||
939 | 2.2 billion | diversified | ||
973 | 2.1 billion | banking, media | ||
1030 | 2.0 billion | diversified | ||
1098 | 1.9 billion | fashion retail | ||
1098 | 1.9 billion | banking, media | ||
1234 | 1.7 billion | Chobani yogurt | ||
1290 | 1.6 billion | diversified | ||
1290 | 1.6 billion | diversified | ||
1290 | 1.6 billion | tourism, construction | ||
1290 | 1.6 billion | diversified | ||
1376 | 1.5 billion | pharmaceuticals, diversified | ||
1376 | 1.5 billion | pharmaceuticals, diversified | ||
1468 | 1.4 billion | energy, banking, construction | ||
1567 | 1.3 billion | diversified | ||
1678 | 1.2 billion | hospitals | ||
1678 | 1.2 billion | fashion retail | ||
1678 | 1.2 billion | construction | ||
1795 | 1.1 billion | banking, gas | ||
1795 | 1.1 billion | banking, media | ||
1940 | 1.0 billion | construction | ||
1940 | 1.0 billion | diversified | ||
1940 | 1.0 billion | food manufacturing, retail | ||
1940 | 1.0 billion | telecom |