Murat Ülker tops mogul list in Turkey

ISTANBUL - Anadolu Agency

Murat Ülker. Hürriyet photo

Turkey’s largest food group Yıldız Holding’s chairman Murat Ülker has become the richest man in Turkey with a fortune of  $3.7 billion, according to Forbes magazine’s “100 richest people in Turkey,” published March 1.

Şarık Tara, founder of Turkey’s largest construction company ENKA, was ranked second with a fortune of $3.3 billion. Fiba Holding Chief Executive Officer, Hüsnü Özyeğin, came in third with $3 billion.

Erman Ilıcak, founder of construction company Rönesans, came fourth in the list with $2.8 billion. Semahat Arsel from Koç Holding was fifth in the list with $2.2 billion, while Doğuş Holding CEO Ferit Şahenk and Koç Holding Honorary President Rahmi Koç tied for sixth with $2.1 billion. The top 10 were rounded out by Suna Kıraç, Filiz Şahenk and Sinan Tara. Doğan Holding’s honorary chairman Aydın Doğan was ranked 22nd, with a fortune of $1.1 billion. The figures demonstrate a decline in the total wealth of the 100 richest people in Turkey from $117.8 billion in 2013, to $92.8 billion in 2014.