Sakıp Sabancı | |
Birth Date: | 7 April 1933 |
Birth Place: | Akçakaya village, Kayseri Province |
Death Place: | Istanbul |
Resting Place: | Zincirlikuyu Cemetery, Istanbul |
Nationality: | Turkish |
Organization: | Sabancı Holding |
Notable Works: | Hacı Ömer Sabancı Foundation, Sabancı Holding, Sabancı University, and Sakıp Sabancı Museum |
Spouse: | Türkan (Civelek) Sabancı |
Children: | 3, including Sevil Sabancı, Dilek Sabanci |
Parents: | Hacı Ömer Sabancı Sadıka Sabancı |
Sakıp Sabancı (7 April 1933 – 10 April 2004) was a Turkish business tycoon and philanthropist.
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's largest business conglomerate and 147th richest man on the Forbes list of billionaires in 2004.
He took over the family business with assistance from his brothers starting in the 1980s.
The Sabanci Group of Companies operates in eighteen different countries and markets its products internationally. Currently, Sabancı Holding controls more than 60 companies, in textiles, tourism, automotives, chemicals, tobacco, cement, insurance and banking. The group also has partnerships with the Hilton Group, Bridgestone, Du Pont, Philip Morris, Bekaert, Heidelberg Cement, IBM, BNP Paribas, Dresdner Bank, Carrefour and International Paper. Sabancı Holding and ten other companies within the group are listed on the Istanbul Stock Exchange. In 2011, the consolidated revenue of the company was $13.4 billion. The Sabanci family holds a 60.6% share of the firm.
Sakip Sabanci founded the Sabancı University in 1999. His collections of more than 320 Ottoman and Turkish paintings, statues and more than 400 examples of Ottoman calligraphy are exhibited at Atlı Köşk (The Equestrian Villa) at Bosporus in Emirgan, Istanbul, where he and his family lived for years, and which was converted into the Sakıp Sabancı Museum in 2002.
He died of kidney cancer at the age of 71 and received a state funeral.
Sabancı received honorary doctorates from following Turkish and American universities:
Mimar Sinan Fine Arts University, Istanbul
Girne American University, Kyrenia, Cyprus
Istanbul University, Istanbul
He was awarded by various national and international institutions as listed below:
He wrote books mostly on his experience in business life. Some of them are translated into English and Japanese language. The royalties from his books are being donated to Darülaceze (Almshouse) and Türkiye Spastik Çocuklar Vakfı (Turkey Foundation for Spastic Children).