Nihat Ozdemir
REAL TIME NET WORTH — as of 5/8/17
$1.62 B
Nihat Ozdemir and his billionaire partner, Sezai Bacaksiz, met as students Gazi University and founded Limak Construction in 1976. Now a $4 billion (revenue) conglomerate focused on large infrastructure projects, Limak Group is active in energy, transportation, cement and tourism. It is currently part of a consortium working on an initial, $6-billion-plus phase of building Istanbul’s third airport, due to open in 2018. Besides Turkey, Limak operates in Kuwait, Egypt, Kosovo, Turkish Republic of Northern Cyprus, Eastern Europe, Africa, Pakistan, Ukraine and Russia. It is the primary contractor on a $4.3 billion project to upgrade and expand the Kuwait International Airport. In the private energy sector in Turkey, Limak, a major builder and operator of hydroelectric power plants, ranks among the top three electricity producers.
Nihat Ozdemir Net Worth: Nihat Ozdemir is a Turkish businessman who has a net worth of $1.2 billion. Mr. Ozdemir is the head of conglomerate Limak Holding, which he co-founded and co-owns with billionaire Sezai Bacaksiz. Born on April 5, 1950 in Diyarkbakir, Turkey, Bacaksiz teamed up with Bacaksiz shortly after he had taken his mechanical engineering degree from Gazi University. Ever since its establishment in 1976, the conglomerate has spread and now holds major business interests in construction, energy, cement and tourism. As the company’s major assets stand out Limak Cement and Limak Energy companies, as well as the Limak Tourism Group. The company’s total revenue has risen by 24%, getting $260 million revenue from construction alone. Limak aside, Nihat Ozdemir is also a former vice president of the Fenerbahce SK, a football giant in the Turkey Super Ligi. Moreover, he served as deputy president of the team until August 25, 2011. Married with two children, he currently resides in Ankara, Turkey. Both his son, Batuhan Ozdemir, and his daughter, Ebru Ozdemir, are involved in the family business. Batuhan works in energy production and distribution and Ebru is in Limak’s business development and finance departments.
Source:
1. forbes