List of Turkish people by net worth

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
	Has not changed from the previous ranking.
	Has increased from the previous ranking.
	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	SASA Polyester
2	534	Murat Ülker	$5 billion	Yıldız Holding
3	580	Ali Erdemoğlu	$4.7 billion	SASA Polyester
4	982	Semahat Sevim Arsel	$3 billion	Koç Holding
5	1,027	İpek Kıraç	$2.9 billion	Koç Holding
6	1,104	Rahmi Koç	$2.7 billion	Koç Holding
7	1,217	Saban Cemil Kazanci	$2.5 billion	Kazancı Holding
7	1,217	Ferit Şahenk	$2.5 billion	Doğuş Group
9	1,312	Erman Ilıcak	$2.3 billion	Rönesans Holding
9	1,312	Filiz Şahenk	$2.3 billion	Doğuş Group
11	1,368	Sezai Bacaksız	$2.2 billion	Limak Holding
12	1,434	Hamdi Ulukaya	$2.1 billion	Chobani
13	1,575	Bülent Eczacıbaşı	$1.9 billion	Eczacıbaşı Holding
13	1,575	Faruk Eczacıbaşı	$1.9 billion	Eczacıbaşı Holding
13	1,575	Mehmet Sinan Tara	$1.9 billion	Enka İnşaat ve Sanayi A.Ş.
16	1,647	Nihat Özdemir	$1.8 billion	Limak Holding
17	1,725	Mustafa Küçük	$1.7 billion	LC Waikiki
18	1,905	Hamdi Akın	$1.5 billion	Akfen Holding
18	1,905	Ahmet Çalık	$1.5 billion	Çalık Holding
20	2,133	Aydın Doğan	$1.3 billion	Doğan Holding
20	2,133	Deniz Şahenk	$1.3 billion	Doğuş Group
22	2,259	Mehmet Ali Aydınlar	$1.2 billion	Acıbadem Healthcare Group
22	2,259	Şefik Yılmaz Dizdar	$1.2 billion	LC Waikiki
24	2,405	Ali Metin Kazancı	$1.1 billion	Kazancı Holding
25	2,540	Turgay Ciner	$1 billion	Ciner Group
25	2,540	Hanefi Öksüz	$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	Hüsnü Özyeğin	3.0 billion	finance, diversified
867	Semahat Sevim Arsel	2.4 billion	diversified
867	Şarık Tara	2.4 billion	construction-
896	Erman Ilıcak	2.3 billion	construction
939	Rahmi Koç	2.2 billion	diversified
973	Ferit Şahenk	2.1 billion	banking, media
1030	Suna Kıraç	2.0 billion	diversified
1098	Mustafa Küçük	1.9 billion	fashion retail
1098	Filiz Şahenk	1.9 billion	banking, media
1234	Hamdi Ulukaya	1.7 billion	Chobani yogurt
1290	Sezai Bacaksız	1.6 billion	diversified
1290	Turgay Ciner	1.6 billion	diversified
1290	Mehmet Nazif Günal	1.6 billion	tourism, construction
1290	Nihat Özdemir	1.6 billion	diversified
1376	Bülent Eczacıbaşı	1.5 billion	pharmaceuticals, diversified
1376	Faruk Eczacıbaşı	1.5 billion	pharmaceuticals, diversified
1468	Ahmet Çalık	1.4 billion	energy, banking, construction
1567	Ahmet Nazif Zorlu	1.3 billion	diversified
1678	Mehmet Ali Aydınlar	1.2 billion	hospitals
1678	Şefik Yılmaz Dizdar	1.2 billion	fashion retail
1678	Mehmet Sinan Tara	1.2 billion	construction
1795	Mehmet Rüştü Başaran	1.1 billion	banking, gas
1795	Deniz Şahenk	1.1 billion	banking, media
1940	Ali Ağaoğlu	1.0 billion	construction
1940	Hamdi Akın	1.0 billion	diversified
1940	Mustafa Latif Topbaş	1.0 billion	food manufacturing, retail
1940	Murat Vargı	1.0 billion	telecom

References

^ ^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.
^ Kroll, Luisa (5 May 2006). "Fortunes Of Kings, Queens And Dictators". Forbes. Archived from the original on 19 February 2011. Retrieved 22 July 2020.
^ "Forbes Billionaires 2023: The Richest People In The World". Forbes. Retrieved 2023-09-09.
^ "The World's Billionaires". Forbes. Archived from the original on 4 March 2019. Retrieved 13 April 2017.

[methodology-1] 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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