Portrait of Ahmet Calik

Rank #2576

Ahmet Calik

Net worth $1.6B

Energy, banking, construction · Turkey

Born
Mar 01, 1958
Age
68
Source
Energy, banking, construction
Residence
Istanbul
Citizenship
Turkey
Marital status
Married
Children
4
Education

Net worth over time

Biography

  • Ahmet Calik built his fortune on denim, selling to Diesel, Levi's, Gap and other Western brands, but textiles are now ancillary in his group Calik Holding.
  • With a footprint stretching from Turkey and the Middle East to Eastern Europe and Central Asia, Calik is active in construction, banking, telecom and mining.
  • Calik Holding has a partnership with Mitsubishi Corp. dating back to 1990s, when the companies began collaborating on plant construction in Central Asia.
  • In 2015, Mitsubishi acquired 4.5% of Calik Energy, which serves five cities in Turkey and has projects in such places as Turkmenistan, Libya, Georgia and Yemen.
  • Besides providing services to energy plants, the company has electricity and gas distribution businesses and a portfolio of power generation assets.
  • In terms of contract value, Calik Holding's pipeline of construction and energy projects amounts to around $7 billion.