Faruk Eczacibasi Net Worth

Net Worth: $1.74 Billion
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    Faruk Eczacibasi
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About Faruk Eczacibasi

Turkish businessman Faruk Eczacibasi has an estimated net worth of $1.74 billion as of April 2016 according to Forbes.

Along with the other members of his family, Faruk Eczacibasi owns significant shares in Eczacıbaşı, an industrial group of companies based in Turkey which was founded in 1942. The group is actually comprised of 41 companies that currently hires 11,370 employees. In 2012, the Eczacibasi earned a net turnover of $3.3 billion. The group actually owns holdings in consumer and building products, pharmaceutical, finance, information technology companies. The group plans to expand into mining. In the past year, the company's stakes reportedly increased. In fact, Eczacibasi group added Capintec and Ataman Group to its holdings in 2012.

Faruk Eczacibaci is an alumnus of Istanbul German Lycee and Berlin Technical University where he obtained his bachelor and MBA degrees. In 1980, he joined the Eczacıbaşı Group. He has held several positions in the company until he became the Vice Chairman of Eczacıbaşı Holding. He is known to play a crucial role in the e-transformation of the company. He became the head of Eczacıbaşı Information and Communication Technologies. Since 1999, he has been serving as the President of Eczacıbaşı Sports Club. He also works for Turkish Informatics Foundation (TBV) as its Chairman.

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