List of Turkish people by net worth explained

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.

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 – 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]

Annual rankings

The rankings are published annually in March, so the net worths listed are snapshots taken at that time.

Ledger

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2023 Turkish Billionaires List

Billionaires in Turkey according to Forbes 2023[3]
Turkey RankWorld RankNameNet worth (USD)Source(s) of wealth
1497Ibrahim Erdemoğlu$5.3 billion SASA Polyester
2$5 billion Yıldız Holding
3Ali Erdemoğlu$4.7 billion SASA Polyester
4Semahat Sevim Arsel$3 billion Koç Holding
5İpek Kıraç$2.9 billion Koç Holding
6$2.7 billion Koç Holding
7Saban Cemil Kazanci$2.5 billionKazancı Holding
7$2.5 billion Doğuş Group
9Erman 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
13Mehmet Sinan Tara$1.9 billion Enka İnşaat ve Sanayi A.Ş.
16$1.8 billion Limak Holding
17$1.7 billion LC Waikiki
18Hamdi Akın$1.5 billion Akfen Holding
18$1.5 billion Çalık Holding
20Aydın Doğan$1.3 billion Doğan Holding
20$1.3 billion Doğuş Group
22$1.2 billion Acıbadem Healthcare Group
22Şefik Yılmaz Dizdar$1.2 billion LC Waikiki
24Ali Metin Kazancı$1.1 billionKazancı Holding
25$1 billion Ciner Group
25$1 billion Kipaş Holding

2017 Turkish Billionaires List

Billionaires in Turkey in 2017 according to Forbes[4] !World Rank !! Name !! Net worth (USD) !! Source of wealth
660 3.0 billion finance, diversified
867 2.4 billiondiversified
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 billiontourism, 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 billionhospitals
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

See also

Notes and References

  1. Dolan . Kerry A. . Methodology: How We Crunch The Numbers . Forbes . 7 March 2012 . 4 January 2013 . 3 January 2013 . https://web.archive.org/web/20130103091005/http://www.forbes.com/sites/kerryadolan/2012/03/07/methodology-how-we-crunch-the-numbers/ . live .
  2. Web site: Fortunes Of Kings, Queens And Dictators . Luisa . Kroll . 5 May 2006 . Forbes . 22 July 2020 . 19 February 2011 . https://web.archive.org/web/20110219084918/http://www.forbes.com/2006/05/04/rich-kings-dictators_cz_lk_0504royals.html . live .
  3. Web site: Forbes Billionaires 2023: The Richest People In The World . 2023-09-09 . Forbes . English.
  4. Web site: The World's Billionaires. Forbes. 13 April 2017. 4 March 2019. https://web.archive.org/web/20190304152923/https://www.forbes.com/billionaires/list/#version:static_header:position_country:Turkey. live.