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Mubariz Gurbanoglu has an estimated net worth of $1.3 billion. A prominent Turkish businessman, Gurbanoglu has accumulated his vast wealth by being a successful shipping magnate. Gurbanoglu is the 29th wealthiest Turkish citizen. As a self-made billionaire at the young age of 45, Gurbanoglu owns Palmali Navigation. With a fleet of 227 ships, Palmali Navigation primarily ships crude oil from the Black Sea to ports around the world. Gurbanoglu eventually secured long term and lucrative contracts with oil the Lukoil and Socar oil companies. In addition to transporting oil, Gurbanoglu offers oil exploration and storage services to clients on the Hazar Sea.
A longtime soccer fan and player, Gurbanoglu is the owner of the soccer club Lankeran based in Azerbaijan. In addition to funding Lankeran to the tune of $25 million annually, Gurbanoglu is a local fan and monetary supporter of the Turkish soccer team named Besiktas. As a former soldier, Gurbanoglu is known for his 600-piece collection of antique weapons.
Earnings & Financial Data
|
Date |
Category |
Description |
Amount |
|---|---|---|---|
|
2008 |
Sale of Asset |
Sale of Azeri billionaire Mübariz Mansimov Gurbanoglu's ship and Maltese holding company to the family of Recep Tayyip Erdogan, the increasingly authoritarian Turkish president's offshore company in the Isle of Man |
$23,000,000 |
|
2008 |
Earning Turned Donation |
Azeri billionaire Mübariz Mansimov's donation of an oil tanker for Recep Tayyip Erdogan, the increasingly authoritarian Turkish president |
$25,000,000 |