Mehmet Nazif Gunal
REAL TIME NET WORTH — as of 5/8/17
$1.64 B
Mehmet Nazif Gunal (MNG) received his degree in Civil Engineering in 1971 and established his own construction company. Today his businesses are gathered under the roof of MNG Holding, which he owns outright. The most important source of his wealth: 10 five-star hotels, concentrated in Turkey’s most important tourism regions — Antalya, Bodrum and Istanbul — with a combined bed capacity of over 8,500; five of them are managed by MNG. Operating under the World of Wonders brand name, the WoW Kremlin Palace and the WoW Topkapi Palace, situated in Antalya, are architecturally exact replicas of the Kremlin and Topkapi palaces. In 2014, Gunal bought 90% of a gold mine in Liberia from the Liberian government. MNG has ongoing construction projects in Algeria, Saudi Arabia, Ghana, Georgia, Libya and Dubai, as well as in Turkey.
Turkish businessman Mehmet Nazif Gunal has an estimated net worth of $1.2 billion as of April 2016 according to Forbes. He is best associated with MNG Holding which holds interests in cargo, media, plane maintenance, airline, energy, tourism, finance and construction.
Mehmet Nazif Gunal was born in Arhavi , Artvin , Turkey in 1948. After obtaining his MBA from a university, Gunal worked for a construction firm as director and construction site supervisor. He is currently married with three children. Until today, Mehmet Nazif Gunal remains to be media-shy. In fact, he maintains a low profile. He owns a total of ten hotels, two of which are hailed as exact replicas of Topkapi Palace and Kremlin which are found in Russia.
Source:
1. forbes
2. therichest