Ferit Faik Sahenk Net Worth

Net Worth: $2.8 Billion
  • Source of Wealth:

    Banking, Media
  • Age:

  • Birth Place:

    Ankara, Turkey
  • Marital Status:

    Married (Diana Şahenk)
  • Full Name:

    Ferit Faik Sahenk
  • Nationality:

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About Ferit Faik Sahenk

Turkish businessman Ferit Faik Sahenk has an estimated net worth of $2.8 billion as of April 2016, according to Forbes. He is known to be the current chairman of Doğuş Holding conglomerate, which is based in Turkey. Most of Sahenk's fortune is amassed from his investment holdings in media and banking industries. Today, he is considered as one of the wealthiest persons in Turkey.

Born in Ankara, Turkey in 1964, Ferit Faik Şahenk is a graduate of The American School in Switzerland and Boston College where he completed his degree in Marketing and Human Resources. After graduation, he went back to Istanbul to start working as an apprentice at Doğuş' Garanti Bank.

When his father died of a heart attack in 2001, Ferit Sahenk took over the Doğuş Holding. In 2004, he sold a quarter of Garanti Bank, which is considered as the third largest bank in the country, for $1.6 billion to General Electric. Currently, he runs and owns several Turkish media properties and in fact, he covers 10% of Turkey's advertising market.