Aali Ibrahim Agaoglu is a Turkish businessman with an estimated net worth of $1.41 billion as of April 2016 according to Forbes. He is the Chairman of the Board of Directors of the Agaoglu Group of Companies, one of Turkey’s largest developers of hotels, resorts, and ski lodges. He also owns a 90-million square feet of land on the western coast of Turkey and continues to buy pieces of land while working on several projects related to construction, energy, and tourism.

Agaoglu’s estimated net worth of $1.41 billion makes him the eighth richest person in Turkey and 527th in the world. His most recent project was last year with the opening of a 2,700 unit project in Maslak, one of Istanbul’s most valuable areas. He plans for more units and one is the expansion of London’s Canary Wharf with a hotel and two residential towers.

It was also in 2012 when Aali Ibrahim Agaoglu became active in tourism and decided to sell his interests in Dogan Holding, an energy sector owned be fellow billionaire Aydin Dogan, for more than $300 million. Aside from his business interests, he has great passion for luxury cars.