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.[1] 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

Icon Description
Steady Has not changed from the previous ranking.
Increase Has increased from the previous ranking.
Decrease Has decreased from the previous ranking.

2023 Turkish Billionaires List

Billionaires in Turkey according to Forbes 2023[3]
Turkey Rank World Rank Name Net worth (USD) Source(s) of wealth
1 497 Ibrahim Erdemoğlu $5.3 billion Increase SASA Polyester
2 534 Murat Ülker $5 billion Increase Yıldız Holding
3 580 Ali Erdemoğlu $4.7 billion Increase SASA Polyester
4 982 Semahat Sevim Arsel $3 billion Increase Koç Holding
5 1,027 İpek Kıraç $2.9 billion Increase Koç Holding
6 1,104 Rahmi Koç $2.7 billion Increase Koç Holding
7 1,217 Saban Cemil Kazanci $2.5 billion Kazancı Holding
7 1,217 Ferit Şahenk $2.5 billion Increase Doğuş Group
9 1,312 Erman Ilıcak $2.3 billion Decrease Rönesans Holding
9 1,312 Filiz Şahenk $2.3 billion Increase Doğuş Group
11 1,368 Sezai Bacaksız $2.2 billion Increase Limak Holding
12 1,434 Hamdi Ulukaya $2.1 billion Decrease Chobani
13 1,575 Bülent Eczacıbaşı $1.9 billion Increase Eczacıbaşı Holding
13 1,575 Faruk Eczacıbaşı $1.9 billion Increase Eczacıbaşı Holding
13 1,575 Mehmet Sinan Tara $1.9 billion Increase Enka İnşaat ve Sanayi A.Ş.
16 1,647 Nihat Özdemir $1.8 billion Decrease Limak Holding
17 1,725 Mustafa Küçük $1.7 billion Increase LC Waikiki
18 1,905 Hamdi Akın $1.5 billion Steady Akfen Holding
18 1,905 Ahmet Çalık $1.5 billion Steady Çalık Holding
20 2,133 Aydın Doğan $1.3 billion Increase Doğan Holding
20 2,133 Deniz Şahenk $1.3 billion Steady Doğuş Group
22 2,259 Mehmet Ali Aydınlar $1.2 billion Steady Acıbadem Healthcare Group
22 2,259 Şefik Yılmaz Dizdar $1.2 billion Increase LC Waikiki
24 2,405 Ali Metin Kazancı $1.1 billion Kazancı Holding
25 2,540 Turgay Ciner $1 billion Decrease Ciner Group
25 2,540 Hanefi Öksüz $1 billion Increase Kipaş Holding

2017 Turkish Billionaires List

Billionaires in Turkey in 2017 according to Forbes[4]
World Rank Name Citizenship Net worth (USD) Source of wealth
660 Hüsnü Özyeğin  Turkey 3.0 billion finance, diversified
867 Semahat Sevim Arsel  Turkey 2.4 billion diversified
867 Şarık Tara  Turkey 2.4 billion construction-
896 Erman Ilıcak  Turkey 2.3 billion construction
939 Rahmi Koç  Turkey 2.2 billion diversified
973 Ferit Şahenk  Turkey 2.1 billion banking, media
1030 Suna Kıraç  Turkey 2.0 billion diversified
1098 Mustafa Küçük  Turkey 1.9 billion fashion retail
1098 Filiz Şahenk  Turkey 1.9 billion banking, media
1234 Hamdi Ulukaya  Turkey 1.7 billion Chobani yogurt
1290 Sezai Bacaksız  Turkey 1.6 billion diversified
1290 Turgay Ciner  Turkey 1.6 billion diversified
1290 Mehmet Nazif Günal  Turkey 1.6 billion tourism, construction
1290 Nihat Özdemir  Turkey 1.6 billion diversified
1376 Bülent Eczacıbaşı  Turkey 1.5 billion pharmaceuticals, diversified
1376 Faruk Eczacıbaşı  Turkey 1.5 billion pharmaceuticals, diversified
1468 Ahmet Çalık  Turkey 1.4 billion energy, banking, construction
1567 Ahmet Nazif Zorlu  Turkey 1.3 billion diversified
1678 Mehmet Ali Aydınlar  Turkey 1.2 billion hospitals
1678 Şefik Yılmaz Dizdar  Turkey 1.2 billion fashion retail
1678 Mehmet Sinan Tara  Turkey 1.2 billion construction
1795 Mehmet Rüştü Başaran  Turkey 1.1 billion banking, gas
1795 Deniz Şahenk  Turkey 1.1 billion banking, media
1940 Ali Ağaoğlu  Turkey 1.0 billion construction
1940 Hamdi Akın  Turkey 1.0 billion diversified
1940 Mustafa Latif Topbaş  Turkey 1.0 billion food manufacturing, retail
1940 Murat Vargı  Turkey 1.0 billion telecom

See also

References

  1. ^ a b Dolan, Kerry A. (7 March 2012). "Methodology: How We Crunch The Numbers". Forbes. Archived from the original on 3 January 2013. Retrieved 4 January 2013.
  2. ^ Kroll, Luisa (5 May 2006). "Fortunes Of Kings, Queens And Dictators". Forbes. Archived from the original on 19 February 2011. Retrieved 22 July 2020.
  3. ^ "Forbes Billionaires 2023: The Richest People In The World". Forbes. Retrieved 2023-09-09.
  4. ^ "The World's Billionaires". Forbes. Archived from the original on 4 March 2019. Retrieved 13 April 2017.
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