Murat Vargi
REAL TIME NET WORTH — as of 5/16/17
$1.05 B
Murat Vargi is the founder of Turkey’s largest provider of cell phone service, Turkcell. He now only has a 0.7% stake in the company, but he owes most of his wealth to its success. He has cast his net widely using proceeds from selling Turkcell shares, investing in sectors ranging from real estate and hotels to tech startups and renewable energy. Dost Energy, of which Vargi owns 51%, has found success by focusing exclusively on producing power from wind. He also owns 90% of KVK, a mobile phone distributor supplying a retail network with upwards of 1,000 outlets. Vargi, moreover, is an active venture investor and has opened a startup hub in Istanbul.
Murat Vargi Net Worth: Murat Vargi is a Turkish businessman who has a net worth of $1 billion. Mr. Vargi is the founder of Turkcell, the largest cell phone operator in Turkey. Reportedly, he plans to sell his 1.1% stake in the company. Aside from Turkcel, he also holds a stake in KVK, Turkey’s biggest mobile phone retail network. As for his other investments, they include interests in the sector of energy, tourism and technology. Speaking of the latter, Murat Vargi has a minor share in the search engine Hakia, which was founded in 2004 in New York.
Source:
1. forbes