Mehmet Sinan Tara
REAL TIME NET WORTH — as of 5/12/17
$1.29 B
Mehmet Sinan Tara is CEO of Turkey’s largest construction company, ENKA Construction. Traded on the Istanbul Stock Exchange, it also operates in the fields of engineering, energy, real estate and trade. Over half of its approximately $4.6 billion in revenue come from energy production. With three natural gas conversion plants that produce approximately 30 billion kilowatt-hours annually, it is Turkey’s leading private electricity producer. ENKA Construction has contracts for big infrastructure projects and builds U.S. embassy buildings in various countries, as well as office buildings and shopping malls. ENKA’s extensive investments in Moscow commercial real estate have been negatively affected by a lax Russian economy. His father, ENKA founder Sarik Tara, also is a billionaire.
Turkish businessman Mehmet Sinan Tara has an estimated net worth of $1.05 billion as of May 2016 according to Forbes.
Mehmet Sinan Tara currently serves as the Chairman of the Board of Enka. Today, Enka is considered as one of the largest construction companies in Turkey. The company has been involved in a couple of popular construction projects in Istanbul which include marine slipways, bridges, grain silos, shipyard, piers, docks and industrial plants. Among its earliest significant projects include Turkey’s Haydarpaşa grain silos, the Chrysler truck assembly plant, as well as the Aksu paper mill.
Source:
1. forbes
2. therichest