Richest People in Turkey: Top Turkish Billionaires 2019

2. Murat Ulker – $3.7 Billion

The richest man in Turkey is the chairperson of biggest Turkish food firm- Yildiz Holding. The firm owns the famous Gidiva chocolates. In 2014, Ulker’s company bought UK-based biscuit company United Biscuits. The dapper business tycoon holds interests in real estate, venture funds, finance, wholesale trade & personal grooming.

Murat Ulker runs Yildiz Holding, which produces a wide range of food products and non-alcoholic beverages.

Yildiz spent $850 million to buy Belgian chocolatier Godiva in 2007 and $3.2 billion to buy United Biscuits of the U.K. in 2014.

To establish a more global structure, he merged United Biscuit, Ulker Biscuit and DeMet’s Candy under the roof of London-based Pladis Foods.

In early 2019, Godiva announced the sale of parts of its Asia-Pacific business, along with a production facility in Belgium, to PE firm MBK Partners.

Ulker plans to use some of the proceeds from the sale to expand Godiva’s cafe business from 20 stores to more than 2,000 globally by 2025.

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Updated: October 9, 2019 — 10:25 pm
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