bne IntelliNews – Murat Ulker remains Turkey’s richest billionaire, according to Forbes
The wealth of Ulker, 62, rose to $ 6.3 billion in 2021 from $ 4.3 billion in 2020, according to the publication.
In the international ranking of billionaires, Ulker slipped to 421st in 2021 against 414th in 2020. Since 2018, Yildiz Holding has restructured its debts on several occasions. A giant food company, its businesses include Godiva Chocolatier, Pladis Global and SOK.
In total, 26 Turks are present on the 2021 ranking. Erman Ilicak, owner of entrepreneur Ronesans, remains the second richest Turk in the billionaire table.
Ilicak is linked to both Turkish President Recep Tayyip Erdogan and his Russian counterpart Vladimir Putin as he is a self-made billionaire thanks to state-awarded contracts he won in Turkey and Russia.
The first bourgeois families of the Republic of Turkey, Sahenk, Koc and Eczacibasi, also appear on the Forbes listing. The Dogus Holding des Sahenks also restructured its already restructured debts.
The entrepreneurs associated with Erdogan, Limak, Calik and Mapa, are also present in the ranking.